Archive for the ‘pharmaceutical stocks’ Category

ALY soars, PFE sells, YOKU skids

Monday, December 13th, 2010

Allis-Chalmers Energy Inc. (NYSE: ALY) improved 9.63 percent in price Monday afternoon to $6.26. Volume was 633,498 shares, surmounting the stock’s normal daily average. ALY is a Houston-based multi-faceted oilfield services company

Pfizer Inc. (NYSE: PFE) was awash in volume Monday afternoon, trading in 26,763,559 shares, pursuing its normal daily average of 43,073,400 shares. Prices for PFE were up 1.38 percent to $17.25. PFE announced Sunday that Prevenar 13* (Pneumococcal polysaccharide conjugate vaccine [13-valent, adsorbed]) was introduced into the first childhood immunization program for pneumococcal disease in the developing world under the auspices of the Advance Market Commitment when Nicaragua launched its program. (NYSE: YOKU) tumbled 10.88 percent to $33.42 on Monday. Volume was 5,522,513 shares, compared to its full-day average of 12,219,400. YOKU is a leading Chinese Internet television company.

RES revved up, BAC solid, LCI wobbles

Monday, December 13th, 2010

RPC Inc. (NYSE: RES) spiked 50.21 percent Monday to $21.11. Volume was 675,973 shares, just above pulling even with its normal daily average. The Atlanta-based RES provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the U.S.

Bank of America Corp. (NYSE: BAC) took its place among the volume leaders mid-morning Monday, trading in 63,254,656 shares, compared to its normal daily average of 209,350,000. BAC’s price inched back 0.16 percent to $12.78. Bank of America Merrill Lynch today announced that it has launched electronic FX options trading capabilities for institutional and corporate clients.

Lannett Co. Inc. (AMEX: LCI) dipped in price 13.28 percent to $5.21 soon after Monday’s opening. Volume was 74,742 shares, compared to a full-day average of 51,394. LCI develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of indications.

ROL rolls, C rocks, CYTK rocky

Monday, December 13th, 2010

Rollins Inc. (NYSE: ROL) took on 54.44 percent Monday to come out of the starting blocks at $19.84. Volume was 75,263 shares, making headway on its normal daily average of 177,065. Atlanta-based Rollins is a premier North American consumer and commercial services company.

Citgroup Inc. (NYSE: C) proved among the volume leaders early Monday, trading in a brisk 130,924,832 shares, about a quarter its normal daily average of 530,261,000. Citigroup’s price inched up 0.21 percent to $4.78. CitiMortgage, Inc. has announced plans for an upcoming Mortgage Assistance Call-a-thon to take place from 7:00 AM December 15, 2010 until 1:00 AM on the morning of December 16, Eastern Standard Time. For the event, CitiMortgage (CMI) customers who have concerns about their ability to pay their mortgage can call into the company’s foreclosure prevention centers for information and advice.

Cytokinetics Inc. (NasdaqGM: CYTK) went south 19.45 percent to $2.36 soon after Monday’s opening. Volume for CYTK was 617,809, more than double its usual full-day volume. CYTK, based in San Francisco, announced the successful completion of its Phase IIa “Evidence of Effect” (EoE) clinical trial of CK-2017357 in patients with amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease, during an oral presentation included in the Clinical Trials Session at the 21st International Symposium on ALS/MND in Orlando, Florida.

AIG jumps, F rolls off the lot, TNGN stumbles

Thursday, December 9th, 2010

American International Group, Inc. (NYSE: AIG) hiked in price Thursday by 13.03 percent to $47.72. Volume in the stock was 20,815,012, or better than five times normal volume.

Ford motor Company (NYSE: F) traded in 37,567,113 shares Thursday, but considerably less than half its daily average of 84,616,400. Share prices were flat at $16.78. The car maker Thursday boasted that its 2011 Ford Explorer V6 fuel economy ratings are now EPA-approved at 17 mpg city and 25 mpg highway, a 25-percent improvement over the previous V6 model

Tengion Inc. (NasdaqGM: TNGN) took a hit in price 12.31 percent Thursday to $2.28, on volume of 48,517 shares, more than four times its normal full-day average. The Pennsylvania-based TNGN is a leader in regenerative medicine.

NVLT vaults, MMTE mammoth trader, ISIM isn’t great

Thursday, December 9th, 2010

Novelos Therapeutics Inc. (OTCBB: NVLT) galloped ahead 70.45 percent in midday trading Thursday to 3.75 cents on 13.5 million shares, compared to a full-day average of 363,282. The Newton, Mass.-based biopharmaceutical company announced that today a poster highlighting positive results in a Phase 2 trial of NOV-002 in combination with neoadjuvant chemotherapy treatment in patients with stage IIB-IIIC HER-2/neu negative invasive breast cancer is being presented at a symposium in Texas.

Mammoth Energy Group Inc. (Pink Sheets: MMTE) traded in 122.8 million shares Thursday, in contrast with a daily average of 20.49 million. Prices were flat at three-100ths of a cent. The New York-based lithium and alternative energy mining company, announced today that expected demand and sales growth for lithium ion batteries is expected to triple to $60 Billion in the next 10 years.

Insight Management Corp. (OTCBB: ISIM) trailed Wednesday’s close by 33.33 percent to eight-100ths of a cent Thursday. Volume was 33.82 million shares, or double its full-day average. The New York-based green construction company has completed the acquisition of Plant Acadia Growing, Inc., the parent company of Simpson Brothers Greenhouse, LLC, a retail greenhouse and wholesale farm supplier.