Posts Tagged ‘ZANE’

ZANE up, PFE trades, HA falls

Wednesday, February 2nd, 2011

Zanett Inc. (Nasdaq: ZANE) shares zoomed 28.8 percent to $1.52. Volume for the stock was 1.6 million, overwhelming a daily average of nearly 54,000, after after announcing Parkview Health will implement its Zanett Clinical Online Delivery System.

Pfizer Inc. (NYSE: PFE) traded in 69.8 million shares, outdistancing its daily average of 46.5 million. Prices for PFE sagged 0.2 percent to $18.98, over word that laid-off PFE employees will get less severance than anticipated.

Hawaiian Holdings Inc. (Nasdaq: HA) shares were off 8.4 percent to $6.99. Volume for the stock was 3.2 million, dwarfing a daily average of 403,000 after Stifel Nicolaus downgraded the parent company of Hawaiian Airlines from buy to hold.

Zanett, Inc.(ZANE) – Buzz Stock of the Day

Tuesday, April 6th, 2010

Shares of leading IT consulting company, Zanett, Inc. (Nasdaq: ZANE) soared more than 100 percent from yesterday’s close after the company announced it set an in-house corporate record for contracts signed in a single quarter since the company was founded more than a decade ago.

For the first three months of 2010, Zanett closed more than $17 million in new business from 57 customers.
Volume topped 10 million shares, compared to the 50-day average daily volume of 1.14 million, according to the Nasdaq.
“Throughout the US, corporations are currently hesitant about hiring individuals, due to unknown and unfunded mandates from Washington DC, so they are spending their money on increased capital expenditures,” said Dennis Harkins, President of Zanett. “For any corporation out there , Oracle ERP and other IT spending are a natural beneficiary of a reduction in labor force. Here at Zanett, we have a great national sales force, and they can barely keep up with the demand they see.”