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- Cadiz (CDZI) +29.1% premarket after a judge late Friday rejected legal challenges filed against the Cadiz Valley Water Conservation, Recovery and Storage Project, a controversial plan to mine water from a Mojave Desert aquifer and pipe it to cities across southern California.
- The proposal to pump more than 16B gallons of water from beneath the remote valley was challenged by several environmental groups.
Jul. 1, 2013, 4:40 PMAnnual reconstitution of Russell’s U.S. indexes may help explain some of today's big movers among smallcaps; the event typically is viewed as a trading opportunity. Among Russell deletions: AMBT +22.4%, ACUR +18%, DM +14.7%, FALC -12.4%, CDZI +12.4%, HNR +10.9%, Among additions: INSM -18.7%, TXMD -13.5%, YRCW +10%. (full list) | 5 Comments
May. 28, 2013, 3:11 PMCadiz (CDZI +5.5%) trades higher after a California court rejects a lawsuit challenging the approval of its Cadiz Valley Water Conservation, Recovery and Storage Project. The lawsuit, brought by interest group CROWN, was filed in August 2012 and was the second lawsuit challenging the approval of the project to be dismissed. | Comment!
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