Posts Tagged ‘MOBI’

RLOG proves bargains, CSCO creeps ahead, MOBI moves south

Monday, February 14th, 2011

Rand Logistics Inc. (Nasdaq: RLOG) added 19% to $6.30, on volumes of 103,328 shares, or more than three times its daily average, after reporting quarterly income decreased by $470,000 to $7.9 million from $8.4 million.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 60 million shares early Monday, compared to a daily average of 84.5 million. Share prices increased 1.2% to $18.92.

Sky-Mobi Limited (Nasdaq: MOBI) dove 13.9% to $7.90 Monday, on volume of 1.2 million shares, doubling its all-day volume, after announcing quarterly revenues increased 2.5%. Net profit was RMB184.7 million ($27.7 million U.S.) in third quarter 2011, compared to net loss of RMB27.9 million in third quarter 2010.

MOBI mobile, INTC has chip damage, CAVO turns tail

Monday, January 31st, 2011

Sky-Mobi Limted (Nasdaq: MOBI) shares soared 12.9 percent to $7.11, on volume of 841,098 shares, just surpassing its daily average of 628,691, on announcing that MOBI and Tencent, one of China’s most popular Internet portals, have formed a strategic partnership.

Intel Inc. (Nasdaq: INTC) was very popular Monday, dealing in 62.7 million shares, beating out its daily volume of 55.2 million. Prices dipped 1.4 percent to $21.15, on news that a design error in one of its chips will cost it $1 billion in missed sales and expenses to fix the flaw.

Cavico Corp. (Nasdaq: CAVO) shares slid 9.7 percent to $1.95 on volume of 175,517 shares, besting its daily average of 108,116.

MOBI clicks, FITB active, IBCP tumbles

Thursday, January 20th, 2011

Sky-Mobi Limited (Nasdaq: MOBI) shot 12.9 percent higher Thursday to $5.83. Volume of 1,239,238 shares proved better than double its full-day average. MOBI operates the leading mobile application store in China.

Fifth Third Bancorp (Nasdaq: FITB) dealt in 73,558,234 shares, six times its full-day average. Share prices dipped 1.6 percent to $14.38, after revealing it had repaid $1.7 billion to TARP.

Independent Bank Corporation (Nasdaq: IBCP) shares slid 18.5 percent to $2.90. Volume was 677,526 shares, more than double the daily average. IBCP is is a Michigan-based bank holding company with total assets of approximately $2.7 billion.