Exide Technology (XIDE) jumps 17.65% after a judge ruled that the maker of lead-acid batteries...

|About: Exide Technologies (XIDEQ)|By:, SA News Editor

Exide Technology (XIDE) jumps 17.65% after a judge ruled that the maker of lead-acid batteries can reopen a plant in California that was closed by the state's Department of Toxic Substances Control. The permission to reopen is pending a hearing next month. The department had ordered Exide, which recently filed for Chapter 11, to suspend operations at the plant in April, saying the facility's arsenic emissions posed “an unacceptable risk to public health.”