BSET comfortable, INTC trades, ICGN slumps

Posted on Thursday, January 27th, 2011

Bassett Furniture Industries, Inc. (Nasdaq: BSET) climbed 28.6 percent to $5.85. Volume was 151,374 or seven times its normal daily volume, on quarterly sales of $66.0 million as compared to $59.5 million the year before, an increase of 10.9%. The Company reported net income of $1.9 million, or $0.17 per share, as compared to net income of $2.6 million, or $0.22 per share in the prior-year quarter.

Intel Corporation (Nasdaq: INTC) traded in 28.1 million shares Thursday, building toward a daily average of 55.1 million. Share prices eked up 0.4 percent to $21.83.

Icagen Inc. (Nasdaq: ICGN) shares chucked 8 percent to $2.89 Thursday, on volume of 315,271 shares, trailing its daily average of 489,397.

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