Archive for the ‘Consumer Discretionary Stocks’ Category

MOV moves, S does brisk trade, CN sheds in price

Thursday, December 2nd, 2010

Movado Group Inc. (NYSE: MOV) gained in price 21.99 percent to $15.20 in early afternoon trading Thursday. Volume was 176,688 shares, more than double its normal full-day average volume. The company based in Paramus, N.J., said Thursday that it earned $16.9 million, or 68 cents per share, for the three months ended Oct. 31. That compares with a loss of $20.9 million, or 85 cents per share, a year ago.

Sprint Nextel Corporation (NYSE: S) had great volume leaders Thursday afternoon, dealing in 87,500,069 shares, more-than double its full-day average of 44,845,900. Shares nudged up 4.38 percent to $3.93. Digi International today introduced the industry’s first commercial-grade integrated 4G routers – the Digi Connect WAN 4G and ConnectPort X4 4G. Certified by Sprint and Clearwire, the routers provide next generation, high-speed, low latency connectivity via 4G networks to remote sites, devices and device/sensor networks.

CNinsure Corp. (NasdaqGS: CISG) dropped 21.17 percent early afternoon Thursday to $17.46, on volume of 1,560,720 shares, nearly twice-and-a-half its average daily volume. The Chinese-based CISG is a leading independent insurance intermediary company.

KKR up, BAC a volume leader, KR slips

Thursday, December 2nd, 2010

Krispy Kreme Doughnuts (NYSE: KKD) found its stock price 18.18 percent sweeter to $7.28 as the clock approached noon ET Thursday. Volume was 3,325,872 shares, more than five times its normal full-day average volume. The North Carolina-based chain reported third-quarter results Wednesday showing revenues increased 7.9% to $90.2 million from $83.6 million in the same quarter last year.. Operating income rose to $4.1 million from $633,000

Bank of America Corporation (NYSE: BAC) was among the volume leaders Thursday noon ET, dealing in 153,785,857 shares, closing in on its full day average of 201,913,000. Shares nudged up 2.88 percent to $11.61.

Kroger Company (NYSE: KR) dropped 8.76 percent by noon Thursday to $21.77, on volume of 22,100,457 shares, nearly four times its average daily volume. Today, KR reported third-quarter net earnings totaled $202.2 million, or $0.32 per diluted share. In the third quarter of fiscal 2009, Kroger reported a net loss of $874.9 million, or $1.35 per diluted share

WBD goes wild, C busy, ARO loses air

Thursday, December 2nd, 2010

Wimm Bill Dann Foods OSJC (NYSE: WBD) gained 28.12 percent to $31.40 soon after Thursday’s open. Volume was 3,024,031 shares, more than seven times its normal full-day average volume. PepsiCo. today announced that it has agreed to acquire 66% of Wimm-Bill-Dann for $3.8 billion, pending the required government approvals.

Citigroup Inc. (NYSE: C) found its shares flying off the shelves early Thursday, dealing in 157,979,787, its full day average being 466,277,000. Shares nudged up 2.44 percent to $4.41.

Aeropostale Inc. (NYSE: ARO) dropped 13.25 percent in late Thursday morning trading, to $23.25, on volume of 5,770,554 shares, nearly double its average daily volume. The specialty clothing retailer Wednesday reported net income of $58.5 million, or 63 cents per diluted share, on sales of $602.8 million for the quarter ending Oct. 30. That compares to net income of $62.6 million, or 61 cents per diluted share, on sales of $567.8 million in the same quarter last year.

BONZ bounces, LFBG is not left behind, EXOU staggers

Wednesday, December 1st, 2010

Bonanza Goldfields Corp. (OTCBB: BONZ) leaped 323 percent in price in late Wednesday trading to 2.2 cents. Volume in the stock was 2.44 million, compared to its average of 97,241 shares. The miner, headquartered in Phoenix, Arizona, announced Tuesday a cancellation of planned reverse split.

Left Behind Games Inc. (OTCBB: LFBG) dealt in 74 million shares late Wednesday, to make it one of the leaders in volume. Even so, LFBG’s usual volume was 99.7 million. Shares were 15.07 percent lower in price, though, to 62-100ths of a cent. The leading publisher of Christian video games, announced Tuesday that revenues received in the current quarter have exceeded expectations and are already more than 100% higher than revenues for the quarter ended September 30, 2010.

Exousia Advanced Materials Inc. (OTCBB: EXOU) sagged in price 59.38 percent as the close approached Wednesday to 13-100ths of a cent. Volume in this stock was 3.35 million shares, or more than twice its daily average. The New York-based EXOU manufactures advanced eco-friendly industrial products for worldwide infrastructure applications

ECDC flies, CMGR sells, WTKN flops

Wednesday, December 1st, 2010

East Coast Diversified Corp. New (OTCBB: ECDC) surged 144.26 percent in Wednesday afternoon trading to 1.49 cents, on 6,000 shares, well below its daily average of 180,926.

Camelot Entertainment Group Inc. (OTCBB: CMGR) ran the competition ragged Wednesday, trading in 113.05 million shares, above its daily average of 101.4 million. Share prices were flat at four-100ths of a cent.

WellTek Inc. (OTCBB: WTKN) went south 63.16 percent in Wednesday afternoon trading to seven-100ths of a cent. Volume was a whopping 4.13 million shares, compared to usual volume of 1.32 million. WTKN is an Orlando-based a global health, fitness and wellness company.