Posts Tagged ‘china stocks’

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GTXI gallops, CSCO clicks, NEP slips

Wednesday, April 13th, 2011

GTX Inc. (Nasdaq: GTXI) shares advanced 41.8% to $3.90, on volume of 2.9 million, dwarfing an average of only 85,000, after Citigroup Inc. upgraded the drug company to buy from hold.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 49.2 million shares, making it a volume leader Wednesday, but still falling below its average of 77.5 million. Share prices were down 1.2% to $17.24.

China North East Petroleum (AMEX: NEP) plummeted 15.9% to $3.22, on volume of 2.5 million, towering over a daily average around 440,000.

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Posted in Energy Stocks, Health Care Stocks, Technology Stocks | No Comments »

MCP marvelous, ORCL popular, DGW under fire

Monday, April 4th, 2011

Molycorp. Inc. (NYSE: MCP) shares advanced 12.3% to $66.54, on volume of 10.6 million, compared to 6.1 million, after the producer of rare-earth metals bought a controlling stake in Estonia-based AS Silmet.

Oracle Corporation (Nasdaq: ORCL) traded in 23.7 million shares Monday, a titch short of its daily average of 26.9 million. Prices for ORCL nipped up 0.3% to $34.12.

Duoyuan Global Water Inc. (NYSE: DGW) descended 27% in price to $4.01. Volume for the stock was eight million shares, towering over its daily average of 416,379, after a research firm with a short position in the stock accused the Chinese company of committing fraud.

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Posted in Energy Stocks, Industrial Stocks, Technology Stocks | No Comments »

QIHU makes its bow, CSCO buys, VVTV trips

Wednesday, March 30th, 2011

Qihoo 360 Technology Company Inc. (NYSE: QIHU) U.S.-listed shares climbed 18.5% to $31.96 a piece. Volume for the new stock was 19.3 million shares as the Chinese internet company made its debut on the New York Stock Exchange.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 37.4 million shares, or just barely half of its normal daily average. Share prices were off 0.2% to $17.41, amid word CSCO plans to buy newScale Inc., a provider of cloud-services software for IT organizations.

ValueVision Media Inc. (Nasdaq: VVTV) shares slid 7.3% to $6.36 Wednesday. Volume was 2.7 million shares, compared to daily averages of 382,452, after the direct marketer priced a secondary stock offering at $6.25 a share.

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Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

OXM soars, INTC does business, UTA sinks

Wednesday, March 30th, 2011

Oxford Industries Inc. (NYSE: OXM) shares climbed 28.8% to $32.21. Volume for the clothing brand manager topped 981,000, towering over an average of 121,151, after it reported late Tuesday fourth-quarter earnings that beat consensus estimates.

Intel Inc. (Nasdaq: INTC) traded in 22.9 million shares Wednesday, compared to a daily average of 58.7 million. Shares listed lower 0.2% to $20.24.

Universal Travel Group (NYSE: UTA) U.S.-listed shares fell 20% to $4.31, on volume of more than a million shares, compared to an average of 339,000. This, after the Chinese travel-services provider delayed its fiscal 2010 conference call and the release of its financial statements from Wednesday to an unspecified date.

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Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

IDSA in orbit, S vocal, CISG capsizes

Monday, March 28th, 2011

Industrial Services of America Inc. (Nasdaq: IDSA) shares gained 16.6% to $11.72. Share volume was 263, 718, trumping an all-day average of less than 52,000, after the waste manager reported a higher fourth-quarter profit from the year-ago period.

Sprint Nextel Corporation (NYSE: S) dealt in 43.9 million shares, catching up on its daily average of 62.2 million. Prices hiked 1.2% to $4.74, after the company spoke out against the acquisition of T-Mobile USA by rival AT&T.

CNinsure Inc. (Nasdaq: CISG) U.S.-listed shares were off 11.6% to $11.97. Share volume was 2.5 million, or more than four times its daily average, after the Chinese insurer and brokerage late Friday said it would sell Beijing Fanhau Datong Investment Management Co. Ltd. for nearly $64 million.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »

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