ASTM up, GE with bright volume, ESI falters

Posted on Monday, January 10th, 2011

Aastrom Biosciences Inc. (Nasdaq: ASTM) shares gained 22.7 percent to $3.19 Monday. Volume of 8,380,362 shares was more than 3 1/2 times its usual volume. The company will be presenting Phase 2 Surgical-DCM six-month results sometime this month.

General Electric Company (NYSE: GE) traded in 51,542,124 shares Monday afternoon, just shy of its daily average of 57,051,500. Prices for GE inched up 0.7 percent to $18.56. GE Energy Financial Services, and Bankers Commercial Corporation, a unit of UnionBanCal Corporation, announced today that they have purchased the first wind farm to start operations in one of the largest wind energy projects in the United States.

ITT Educational Services, Inc. (NYSE: ESI) dipped 12.3 percent Monday to $56.62. Volume for the stock of 1,899,031 shares doubled its daily average, and then some. ESI is a leading provider of post-secondary degree programs.

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