Posts Tagged ‘Energy Stocks’

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.

EROC soars, ALU also spreads wings, MSB in the mud

Wednesday, April 13th, 2011

Eagle Rock Energy Partners L.P. (Nasdaq: EROC) shares rose 14.8% to $11.74, on volume of two million shares, or nearly seven times its daily average, a day after the natural-gas firm said it would acquire CC Energy II LLC.

Alcatel-Lucent (NYSE: ALU) did a brisk trade of 55.9 million shares, compared to a daily average of 37.5 million. Shares vaulted in price by 7.6% to $6.07, on announcing plans to expand its broadband network.

Mesabi Trust (NYSE: MSB) shares fell 8% to $35.55, on volume of 677,065, better than twice its daily average, a day after the owner of mining rights in parts of Minnesota said it cut its dividend.

CAK soars, LVLT basks, YUII ails

Wednesday, April 13th, 2011

CAMAC Energy Inc. (AMEX: CAK) was a surprise victor among market movers Wednesday, gaining 51.8% in price to $2.08. Volume was 6.1 million shares, or 12 times its normal full-day average.

Level 3 Communications Inc. (Nasdaq: LVLT) proved one of the most popular movers on Wall Street Wednesday, trading in 39.4 million shares, or twice its full-day average. Prices for the stock inched ahead 0.6% to $1.68, a day after announcing it was buying Global Crossing for $3 billion.

Yuhi International Inc. (Nasdaq: YUII) took a slip Wednesday, docking its price by 18.6% to $5.42, on 447,000 shares, compared to normal volume around 92,600.

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.

GEOI garners, MSFT mighty, ACXM misfires

Wednesday, March 30th, 2011

GeoResources Inc. (Nasdaq: GEOI) shares gained 6.7% to $30.65. Volume was 539,190 shares, nosing out its daily average of 470,379, after Wells Fargo Securities initiated coverage of the exploration company with an outperform rating.

Microsoft Inc. (Nasdaq: MSFT) traded in 29.9 million shares, or about half of its daily average, sending its share prices to $25.60 or 0.4% higher than Tuesday’s close.

Acxiom Corp. (Nasdaq: ACXM) shares declined 22.7% to $13.49, on volume of 9.5 million shares, or 20 times its daily average, after the data-services provider said its CEO had resigned, effective two days ago, and that its CFO plans to step down.