Posts Tagged ‘gainers’

URRE gains, MSFT had wide trade, RJET grounded

Monday, November 8th, 2010

Uranium Resources Inc. (NasdaqCM: URRE) joined in the general celebratory mood of the uranium industry, gaining 31.43 percent to close Monday’s trading at $2.30. Volume on the day was 9,253,081 shares; its usual volume is 1,481,230. Uranium shares jumped industry-wide after Canadian mining company Cameco (NYSE: CCJ) posted positive third-quarter results. The Uranium Stocks Index is up skyrocketed 11% today.

Microsoft Corporation (NasdaqGM: MSFT) had a busy trading day, with 69,818,771 shares changing hands Monday, compared to a daily average of 61,735,300. MSFT shares slipped in price 15 percent Monday to close at $26.81. The Redmond, Wash. company announced its Microsoft 7 was to go on sale Monday in AT&T and T-Mobile USA stores across the United States.

Republic Airways Holdings Inc. (NasdaqGS: RJET) gave back 13.89 pecent in price to $7.81, on volume of 2,500,325 shares. RJET’s normal volume is around 418,782. Despite high volume, the Company saw sliding stock prices after announcing plans to sell 12 million shares in a public offering to help finance the purchase of new jets.

Read more: Republic Airways to offer 12M shares | Business First

Afternoon Buzz: VRML, STRC more robust, Ford among volume leaders, CBAN ailing

Monday, November 8th, 2010

Vermillion Inc. (NasdaqGM: VRML) rocketed up 35.71 percent to $6.65 in mid-afternoon trading on Monday. The company traded in 478,809 shares, more than tripling its three-month daily average of 100, 048. The company, based in Fremont, Calif., and makes diagnostics tests that help physicians to diagnose and treat patients, has an earnings conference call set for Thursday morning.

SRI/Surgical Express Inc. (NasdaqGM: STRC) tacked on 25.81 percent to $3.90 Monday, on volume of 45,785, easily trumping its three-month average of 3,464 shares. The Tampa-based provider of reusable surgical device reprocessing services responded to a proposed takeover bid, by adopting a Shareholder Rights Plan and declaring a dividend of one right on each outstanding share of the Company’s common stock.

Ford Motor Company (NYSE: F) was among the volume leaders mid-afternoon Monday with 106,306,518 shares traded. Normal daily volume for the carmaker is 65,873,900 shares. F shares prospered 0.99 percent to $16.37. Ford said Monday it is launching a 60-city tour to push its 2011 F-150 Roundup. Potential buyers can sign up for a Ford representative to bring the truck to the participant’s house or place of work for a 30-minute drive.

Colony Bankcorp Inc. (NasdaqGM: CBAN) dropped 16.98 percent in price Monday afternoon to $4.04. Volume for CBAN was a mere 553, compared to a three-month daily average of 1,838. The regional bank, based in Fitzgerald, Georgia, last reported earnings in late October, and it was not pretty. CBAN’s net loss was $1,384,000, or $(0.16) per diluted share for the third quarter of 2010, down from Q3 2009 net income of $18,000, or $0.00 per diluted share.

WFMI, UNTD, SMSI – Notable Nasdaq Gainers

Thursday, November 4th, 2010

Shares of natural goods grocer, Whole Foods Market, Inc. (Nasdaq: WFMI)were up as much as 13 percent from Wednesday closing price in morning trading on Thursday. Shares touched a new 52-week high of $46.80 on nearly triple the company’s three-month average trading volume in mid-day trading on Wednesday. Net income for the fourth quarter ended September 26 increased to to $57.5 million, or 33 cents a share, from $28.7 million, or 20 cents a share a year earlier. Analysts, on average were expecting EPS of 28 cents per share, according to data compiled by Bloomberg. The company boosted its fiscal 2011 profit estimates to as much as $1.71 a share, from a previous high of $1.64. Whole Foods’ fourth quarter sales rose 15 percent to $2.1 billion, from $1.8 billion. Analysts were expecting revenue of $2.07 billion, according to Bloomberg. “We believe the company has strong growth prospects as market share gains combine with favorable industry trends and a better higher-end consumer to drive sales,” he said, noting the company is also controlling its costs, which all helps the bottom line,” said Jefferies & Co. analyst Scott Mushkin in a note to clients on Thursday. Mushkin raised his price target to $47, from $45, and maintained his fiscal 2011 EPS estimate of $1.72. Shares of WFMI are up about 28 percent over the past three months.

Shares of Internet consumer products and services provider, United Online, Inc. (Nasdaq: UNTD) soared more than 18 percent from Wednesday’s closing price in morning trading on Thursday, reaching an intraday high of $7.28 per share, at mid-day. United Online announced consolidated third quarter revenues were $193.5 million, down 10 percent form a year earlier. GAAP diluted net income per common share was 13 cents, down from 18 cents a year earlier. Adjusted diluted net income per common share was $0.25, versus $0.33 in the year-ago quarter. During the quarter, United Online repurchased 2.2 million common shares in open market transactions during the quarter for $11.0 million, resulting in an average cost of $5.07 per share. The company also paid $9.3 million in cash dividends during the quarter. The company expects fourth quarter revenue to range between $223 million and $229 million. The Woodland Hills-based company operates in three segments: FTD, Classmates Media, and Communications. The FTD segment markets flowers and specialty gift items. Classmates Media offers online social networking services under the Classmates brand name; and online loyalty marketing services under the MyPoints name. It also provides international social networking services under the StayFriends and Trombi names. The Communications segment offers dial-up Internet access under the NetZero and Juno brand names, and provides services including broadband, email, Internet security, and Web hosting. Shares of United Online, Inc. are up about 33 percent over the past three months.

Shares of software maker Smith Micro, Inc. (Nasdaq: SMSI) were up almost 14 percent in mid-day trading on Thursday, and touched a new 52-week high of $14.17 per share, after the company reported record third quarter revenue of $34.0 million, up 22 percent increase over $27.8 million reported in the third quarter of last year. GAAP net income for the third quarter of 2010 increased to $3.1 million or 9 cents per diluted share, up from $2.0 million, or 6 cents per diluted share a year ago. Non-GAAP net income for the third quarter of 2010 increased to $7.9 million, or 23 cents per diluted share, compared to $6.6 million, or 20 cents per diluted share, reported in the same quarter a year ago. “We’ve executed on three solid quarters in 2010 with record revenue and strong profitability and we remain comfortable with our guidance with annual revenue’s landing within the original range of $125 million to $135 million,” said Smith Micro’s CEO, Bill Smith in an earnings call. Shares of Smith Micro are up 58 percent over the past three months.

UPI, SNCR, LINC Among Top Gainers at the Closing Bell

Wednesday, November 3rd, 2010

Shares of Uroplasty, Inc. (Nasdaq: UPI) closed 19 percent higher on Wednesday after the company announced on Tuesday that the Centers for Medicare and Medicaid Services (CMS) has published, in the November, 2010 Federal Register, the anticipated Category I CPT code for Posterior Tibial Nerve Stimulation (PTNS). The publication was noted by the company as an “important milestone” that will allow for a broader base of coverage for the procedure. “As we have previously announced and discussed, we are working diligently with medical directors of insurance companies to educate them on our strong clinical data, and we will now be able to present to them the specifics of the new CPT code and the associated [relative value units],” said Uroplasty’s president and CEO David Kaysen in a statement. Shares of Uroplasty are up more than 25 percent in the past three months.

Shares of Synchronoss Technologies, Inc. (Nasdaq: SNCR) closed 16 percent higher on Wednesday after the company announced third quarter profit of $2.1 million, or 5 cents per share, down 32 percent from $3.1 million, or 10 cents per share a year earlier. Excluding certain items, the wireless services provider said it earned 20 cents per share. Analysts surveyed by Thomson Reuters forecast net income of 17 cents per share. The company’s third quarter revenue was up 34 percent to $44.5 million, from $33.1 million a year earlier. Adjusted revenue of $46.8 million topped analysts’ average estimate of $44.6 million. “With the influx of connected devices, we view Synchronoss’ online activation, provision, backup and transfer technologies as core to simplifying the process and lowering costs,” Wedbush analyst Scott Sutherland wrote. “Given the most material competition remains more costly in-store and call center alternatives, we believe Synchronoss will remain on a healthy growth curve.” Shares of Synchronoss Technologies are up about 35 percent over the past three months.

Shares of Lincoln Educational Services Corp. (Nasdaq: LINC) closed 17 percent higher on Wednesday after the for-profit education company reported third quarter profit of 76 cents a share was ahead of analysts’ estimates for 62 cents a share. Lincoln reported third quarter revenue of $167.2 million, slightly under analysts’ estimates of $167.5 million. The company also raised its full-year EPS guidance to a range between $2.65 and $2.70, up from a range of $2.40 to $2.50. The company posted a big fall in third-quarter student starts and cut its 2010 revenue forecast to $635-$640 million from a prior view of $645-$650 million. For-profit education colleges like Lincoln are overhauling their enrollment practices to comply with new rules, after facing criticism for saddling students with big debts and not fully preparing them for jobs. The new enrollment rules are set to take effect in mid-2011. Shares of Lincoln Educational Services Corp. are down approximately 29 percent over the past three months.

Top Buzz Stock Gainers (SIMG, NBR, AMLN, CML)

Wednesday, October 27th, 2010

Silicon Image, Inc. (NasdaqGS: SIMG) Stocks of SIMG are currently trading at $6.29 on massive volume, up more than 38 percent from Tuesday’s closing price of $4.55 SIMG is racing to two-year highs on reported third-quarter sales of $60.5 million, 20% stronger than analyst expectations and  more than three times expected earnings.

Nabors Industries, Inc. (NYSE: NBR) Shares of Bermuda-based Nabors were up 5.02 percent at $20.42, after the company reported a 29-cent per share quarterly profit, which beat Street estimates by 6 cents. Nabors’ revenue of $1.08 billion also came in ahead of the forecast of $963 million. The stock is still down 7 percent so far in 2010.

Amylin Pharmaceuticals, Inc.(Nasdaq: AMLN) soared 11.3 percent to a high of $13.36, on more than four times average volume. Shares skyrocketed after the maker of the diabetes treatment Byetta was raised to “outperform” from “market perform” at Leerink Swann & Co.

Compellent Technologies Inc. (NYSE: CML) Volume skyrocketed to 6.5 million today as shares touched on a 52-week high of $26.44, representing a 32 percent increase over previous day close of $19.70. Compellent Technologies, which sells data storage to large businesses, surged after beating Wall Street expectations in the third quarter, and amid rumors of an acquisition by computer maker Dell Inc.