Posts Tagged ‘CMT’

CMT balloons, INTC in disarray, CCI falls off throne

Monday, March 21st, 2011

Core Molding Technologies Inc. (AMEX: CMT) shares gained 19.7% to $7.30, on 96,756 shares, dwarfing its all-day average of 7,634 after the maker of truck accessories reported higher sales in its fourth quarter.

Intel Corporation (Nasdaq: INTC) traded in 36.6 million shares, making headway against an all-day average of 57.3 million shares, after the resignation of its senior vice president Anand Chandrasekher

Crown Castle International Corp. (NYSE: CCI) shares shed 4.7% to $37.32, on volume of 12.2 million shares, or six times its daily average, after Raymond James & Associates downgraded the operator of wireless infrastructure to outperform from strong buy.

LNG has juice, GE has strong volume, CMT staggers

Thursday, November 11th, 2010

Cheniere Energy Inc. (AMEX: LNG) gained 0.44 percent in price to close Thursday afternoon at $4.57. Volume in LNG was 4,587,302, more than eight times its normal share volume in one day. The Houston-based LNG last Friday reported a net loss of $40.6 million, or $0.73 per share for the quarter ended September 30, 2010 compared with a net loss of $42.5 million, or $0.80 per share, for the comparable 2009 period.

General Electric Company (NYSE: GE) was among the market’s volume leaders Thursday, with 45,024,341 shares, even though that figure was lower than its three-month daily average of 60,065,800 shares. The company slid 1.21 percent in price to close trading Thursday at $16.35.  Thursday, the company announced plans to use 25,000 electric vehicles in its fleets by 2015.

Core Molding Technologies Inc. (AMEX: CMT) took a thumping in price Thursday, falling 15.77 percent to close at $4.38. Share volume was 49,557, trampling its daily average volume of 3,532. Columbus, Ohio-based CMT reported Q3 net income of $307,000 or $.04 per share, compared with net income of $849,000, or $0.13 per basic share, in the third quarter of 2009.