Trader’s Buzz: Ceres, Inc. (CERE), Clean Diesel Technologies (CDTI), 3D Systems (DDD), Rosetta Resources (ROSE)

Shares of Ceres, Inc. (CERE) are higher by nearly 18% to $2.99 in pre-market trading on Monday after the company announced plans to license its Persephone bioinformatics software to global seed potato developer, HZPC Holland BV. The software license agreement provides a non-exclusive license to HZPC as well as professional support services.

“We are pleased that HZPC selected Persephone to complement and expand on their current R&D and product development efforts. We also are excited about working with HZPC’s experts to expand Persephone’s functionality into polyploid species, like potato, where plants have more than two sets of chromosomes,” said in a press release Tim Swaller, Ceres VP of Genomics Technologies.

Clean Diesel Technologies Inc. (CDTI) shares surged more than 28% to $2.55 in pre-market trading. The Oxnard, California-based vehicle emissions control products manufacturer announced it will be a supplier of DuraFit, to the New York City Department of Sanitation [DSNY] fleet. The DSNY operates the largest municipal-owned sanitation fleet in the world consisting of approximately 3,000 vehicles including refuse collection trucks and mechanical street sweepers.

“This important fleet win with the DSNY demonstrates the growing distribution reach of DuraFit, which addresses the $300 million plus replacement filter market,” stated Chris Harris, CDTi’s President and CEO. ”

Shares of 3D Systems Corporation (DDD) are up $0.18, or less than 1%, at $22.50. The company this morning announced a distribution agreement with Konica Minolta Business Solutions Australia for its 3D printing product.

Konica Minolta Australia said with this alliance it will enter the 3D printing market to provide its customers access to advanced manufacturing solutions, complementing and expanding its product and services portfolio. Konica Minolta Australia plans to focus on education, manufacturing, architects and print bureau industries.

“We are excited to be able to work with a recognized industry leader, offering the most comprehensive suite of 3D printers and services in Australia,” said in a press release George Fryer, General Manager Production Sales at Konica Minolta Australia.

Rosetta Resources, Inc. (ROSE) shares rocketed 31.44% to $25.40 in pre-market trading after the company announced a merger agreement whereby Noble Energy Inc. (NBL) will acquire Rosetta in an all-stock transaction valued at $2.1 billion, plus the assumption of Rosetta’s $1.8 billion in debt.

Under the agreement, Rosetta shareholders will receive 0.542 of a share of Noble Energy common stock for each share of Rosetta common stock held. The deal represents a 28% premium to the average price of Rosetta stock over the past 30 trading days, according to the companies.

Following the transaction, shareholders of Rosetta are expected to own 9.6% of the outstanding shares of Noble Energy.

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