Archive for the ‘Consumer Discretionary Stocks’ Category

MCP jumps, GE busy, JTX stumbles

Monday, December 13th, 2010

Molycorp. Inc. (NYSE: MCP) progressed 12.28 percent in price Monday afternoon to $35.12. Volume was 4,273,650 shares, once-and-a-half its normal daily average. Molycorp, Inc., the Western Hemisphere’s only producer of rare earths, announced that it has secured the last of several environmental permits necessary to begin construction of its new, state-of-the-art rare earth manufacturing facility at Mountain Pass, California.

General Electric Company (NYSE: GE) did a lot of business Monday, trading in 38,111,289 shares, zeroing in on its normal daily average of 58,764,900 shares. Prices for GE were flat at $17.65. GE today announced its intention to make an offer for 100% of Wellstream Holdings PLC, a leading engineer and manufacturer of high-quality flexible pipeline products for oil and gas transportation in the subsea production industry.

Jackson Hewitt Tax Services (NYSE: JTX) lost 11.56 percent in price to $1.30 just past noon ET on Monday. Volume was 2,000,705 shares, nearly triple its full-day average. Based in Parsippany, N.J., JTX. is an industry-leading provider of full service individual federal and state income tax preparation.

EK in the picture, WFC opens vault, GAGA goes down

Thursday, December 9th, 2010

Eastman Kodak Company (NYSE: EK) jumped 11.64 percent to $5.32. Volume in the stock was 34,437,094 shares, or greater than six times normal share volume.

Wells Fargo & Company (NYSE: WFC) proved one of the main stocks for volume Thursday, trading in 38,037,913 shares, fairly consistent with its daily average. WFC prices gained a healthy 2.38 percent to $30.07. WFC, based in San Francisco, announced Thursday it has introduced an ATM Cash Tracker service to help customers manage their finances.

Le Gaga Holdings Limited (NasdaqGS: GAGA) was one of the biggest losers on the markets Thursday, dropping 18.53 percent to close at $7.30. Volume ahead of the bell was 510,739 shares, shy of its average of 711,511. The Hong Kong-based GAGA is one of the largest greenhouse vegetable producers in China as measured by the area of greenhouse coverage and one of the fastest growing major vegetable producers in China.

AIG jumps, F rolls off the lot, TNGN stumbles

Thursday, December 9th, 2010

American International Group, Inc. (NYSE: AIG) hiked in price Thursday by 13.03 percent to $47.72. Volume in the stock was 20,815,012, or better than five times normal volume.

Ford motor Company (NYSE: F) traded in 37,567,113 shares Thursday, but considerably less than half its daily average of 84,616,400. Share prices were flat at $16.78. The car maker Thursday boasted that its 2011 Ford Explorer V6 fuel economy ratings are now EPA-approved at 17 mpg city and 25 mpg highway, a 25-percent improvement over the previous V6 model

Tengion Inc. (NasdaqGM: TNGN) took a hit in price 12.31 percent Thursday to $2.28, on volume of 48,517 shares, more than four times its normal full-day average. The Pennsylvania-based TNGN is a leader in regenerative medicine.

SUIP surges, CMGR trades a lot, GNTP drops

Thursday, December 9th, 2010

Sunrise Mining Corp. (OTCBB: SUIP) rose 124.14 percent in price to 6.5 cents, on volume of about 27,000 shares, a fraction of daily volume of 47,350. The Company is a mining resource company that currently is working on identifying and developing projects in Asia.

Camelot Entertainment Group Inc. (OTCBB: CMGR) found its shares flew off the shelves late Thursday, trading in 456.26 million shares, leaving its normal volume of 132.35 million shares in the dust. CMGR announced Wednesday that it had entered into an agreement with Los Angeles based post-production house Lit Post for special effects and coloring work on the Camelot acquisition A WARRIOR’S HEART, a teen romantic-drama starring Twilight’s Kellan Lutz and Ashley Greene.

Global Entertainment Corp. (OTCBB: GNTP) shed 64 percent of its price strength Thursday to nine cents. Volume of 265,570 shares overwhelmed its usual average of just over 10,000. The Arizona-based company has as its goal to build a worldwide entertainment organization with a multitude of domestic and foreign production affiliates.

ZQK is quick, MGM calls on markers, BITA gets bitten

Thursday, December 9th, 2010

Quicksilver, Inc. (NYSE: ZQK) propspered 20.52 percent Thursday afternoon to $5.58. Volume was 7,145,473 shares dwarfed its daily average of 1,018,300.

MGM Resorts International (NYSE: MGM) traded in 44,877,735 shares Thursday, pulling ahead of its daily average of 34,610,000. Share prices were down 1.74 percent at $13.54, amid a move to get Nevada Senator Harry Reid on board with a bill to back Internet gambling. MGM is the dominant casino operator in Las Vegas.

Bitauto Holdings Ltd. (NYSE: BITA) took a hit in price 11.85 percent Thursday to $8.85, on volume of 473,339 shares, just better than half its normal full-day average. BITA made its debut last month, and is a leading provider of Internet content and marketing services for China’s fast-growing automotive industry.