Archive for the ‘Consumer Discretionary Stocks’ Category

ACTC, CPWEE slide, ADSU skyrockets

Wednesday, December 8th, 2010

Advanced Cell Technology Inc. (OTCBB: ACTC) dropped nearly 7 percent to close Wednesday at 14.8 cents. Extraordinary volume of 142,172,592 easily eclipsed average daily volume of 9,950,280. The Massachusetts-based biotech company announced today that it had strengthened its balance sheet by eliminating approximately $3 million in debt.

Clean power Technologies, Inc. (OTCBB: CPWEE) plummeted 72 percent to 3 cents Wednesday, on volume of 788,477, nearly one thousand times its daily average. The Canadian developer of hybrid fuel technology has been struggling this month with internal management shakeups.

Aden Solutions, Inc. (OTCBB: ADSU) soared 96.72 percent, tacking on 6 cents to close Wednesday at 12 cents. Volume of 15,000 easily surpassed three month daily average volume of 9,000. The Toronto-based ADSU provides travel packages and concierge services to corporate entities.

ARMH way up, WEN slides, PM stumbles

Wednesday, December 8th, 2010

ARM Holdings, plc (Nasdaq: ARMH) went skyward nearly 70 percent in afternoon trading, tacking on 13 cents to $19.06. Volume of 1,321,476 was still quite shy of the company’s three month daily average of 3,338,070. The UK-based ARMH designs microprocessors, physical intellectual property (IP), and related technology and software.

Wendy’s/Arby’s Group, Inc. (NYSE: WEN) took a pummeling Wednesday, losing 1.23 percent to trade at $4.80. Volume of 2,822,044 is closing in on the fast-food maker’s three month daily average of 4,078,760.

Philip Morris International, Inc (NYSE: PM) dropped .08 percent to $59.35 late Wednesday, on volume of 4,472,800, which is slightly more than half of the tobacco maker’s daily average. This morning, the Board of Directors of Philip Morris International Inc. declared a regular quarterly dividend of $0.64 per common share.

MGN mighty, GE does bright business, ACMR falters

Monday, December 6th, 2010

Mines Management Inc, (AMEX: MGN) strengthened 24.31 percent in price to $3.58. Volume of 704,193 shares trounced the stock’s normal full-day average volume of 118,542. Last week, the Spokane-based MGN announced it closed out the quarter with $7.4 million of unrestricted cash and certificates of deposit.

General Electric Company (NYSE: GE) traded in 58,589,131 shares, making it a leader in volume, edging its daily average. Shares in GE inched down 0.48 percent to close Monday at $16.70. GE today announced that it will provide gas turbine technology to Mass Global Investment Company, an independent power producer, to help meet northern Iraq’s growing demand for electricity. Under the agreement, GE will supply three Frame 9E gas turbines and generators for the 375-megawatt expansion of the Arbil Power Plant, located in Iraq’s Kurdistan region.

A.C. Moore Arts & Crafts Inc. (NasdaqGS: ACMR) faded in price 12.86 percent Monday afternoon to wind up at $1.93, on volume of 354,971 shares, seven times its daily volume average. ACMR is a specialty retailer of arts, crafts and floral merchandise for a wide range of customers.

MCP marches, PFE trades widely, MCOX falls

Monday, December 6th, 2010

Molycorp. Inc (NYSE: MCP) was a winner Monday, muscling up 18.06 percent in price to $32.82. Volume of 7,226,528 shares was near triple MCP’s normal full-day average volume. Colorado-based Molycorp, Inc. is the only rare earth oxide (REO) producer in the Western hemisphere and currently produces approximately 3,000 tons of commercial rare earth materials per year.

Pfizer Inc. (NYSE: PFE) traded in 45,357,434shares, making it a leader in volume, edging its daily average of 42,923,900. Shares in PFE inched up 0.42 percent to close Monday at $16.83. PFE announced today that a significantly higher proportion of patients with newly diagnosed chronic myeloid leukemia who were treated with bosutinib (39% ) experienced a major molecular response (MMR), a secondary endpoint, compared with patients treated with imatinib (26% ) in the intent-to-treat population

Mecox Lane Ltd. (NasdaqGM: MCOX) faded in price 11.54 percent Monday afternoon to wind up at $6.90, on volume of 1,491,840 shares, slightly above its daily volume average. MCOX operates China’s leading online platform for apparel and accessories as measured by revenues in 2009.

IRE above crowd, MSFT busy, KUTV bruised

Monday, December 6th, 2010

Bank of Ireland (NYSE: IRE) gained in price by 17.11 percent to $2.16 Monday afternoon. Volume of 30,914,748 shares was near quadruple IRE’s normal full-day average volume.

Microsoft Corporation (NasdaqGS: MSFT) fell in price 63 percent to 26.85 nearing the bell Monday. The company traded in 23,942,216 shares, while making it a leader in volume, it was still considerably below MSFT’s daily average of 62,814,900. Microsoft announced monday announced the “Cloud CRM for Less” offer for Salesforce.com and Oracle customers.

Ku6 Media Co. Ltd. (NasdaqGM: KUTV) stumbled in price 11.87 percent Monday afternoon to $7.05, on volume of 179,666 shares, nearly three times its full-day average. KUTV is leader in online video portal operations in China.