Archive for the ‘Energy Stocks’ Category

« Older Entries
Newer Entries »

GRH more energetic, SPDR sells briskly, MBR lists lower

Wednesday, November 10th, 2010

GreenHunter Energy Inc. (AMEX: GRH) tacked on 15.98 percent to its price in early afternoon Wednesday, to $1.38. Volume on GRH shares was an unusually heavy 166,854, about five times its daily average. The Grapevine, Texas-based company announced last week that it has closed on approximately $30 million in tax-exempt Recovery Zone Facility Bonds.

SPDR S&P 500 (NYSEArca: SPY) did a brisk business early Wednesday, having traded in 123,355,762 shares, rapidly approaching its daily average of 193,469,000. The index-based issue inched up 0.22 percent in price to $121.88.

Mercantile Bancorp Inc. (AMEX: MBR) took it on the chin during early Wednesday afternoon trading, giving back 22.48 percent in price to $1.00. Volume in MBR stock surpassed 79,631 shares, or nearly 20 times its daily average. Last week, the Quincy, Illinois-based regional bank announced it would terminate its shareholder rights offering without acceptance of any of the subscriptions exercised thereunder.

Tags: , , , , ,
Posted in Consumer Staples Stocks, Energy Stocks, Financial Stocks | No Comments »

OCOL hurtles, SGAMY sells, CTLI gets bruised

Wednesday, November 10th, 2010

Bering Exploration Inc. (Pink Sheets: OCOL) formerly Oncolin Therapeutics, Inc.,  leaped in price by 29.03 percent mid-morning Wednesday to 40 cents. Volume was a scant 1,300 shares. The Houston-based oil company announced in late October that it has successfully drilled its first well on its South Texas prospect which has potential gross reserves of 5,000,000 barrels of oil and 46 BCF of natural gas.

Sega Sammy Holdings Inc. (Pink Sheets: SGAMY) saw 1,121,500 of its shares change hands in early trading Wednesday. The game magnate’s stock stumbled in price 1.49 percent to $3.96, still in the upper regions of a 52-week range that peaked at $4.13.

Compress Technologies Inc. (Pink Sheets: CTLI) took a header in the early hours Wednesday, losing 93.68 percent in price to 11 cents. Volume was 22,500 shares for a stock that peaked for the last 52 weeks at $2.00. CTLI is a Pompano Beach, Florida-area technology-based company.

Tags: , , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | 1 Comment »

URRE gains, MSFT had wide trade, RJET grounded

Monday, November 8th, 2010

Uranium Resources Inc. (NasdaqCM: URRE) joined in the general celebratory mood of the uranium industry, gaining 31.43 percent to close Monday’s trading at $2.30. Volume on the day was 9,253,081 shares; its usual volume is 1,481,230. Uranium shares jumped industry-wide after Canadian mining company Cameco (NYSE: CCJ) posted positive third-quarter results. The Uranium Stocks Index is up skyrocketed 11% today.

Microsoft Corporation (NasdaqGM: MSFT) had a busy trading day, with 69,818,771 shares changing hands Monday, compared to a daily average of 61,735,300. MSFT shares slipped in price 15 percent Monday to close at $26.81. The Redmond, Wash. company announced its Microsoft 7 was to go on sale Monday in AT&T and T-Mobile USA stores across the United States.

Republic Airways Holdings Inc. (NasdaqGS: RJET) gave back 13.89 pecent in price to $7.81, on volume of 2,500,325 shares. RJET’s normal volume is around 418,782. Despite high volume, the Company saw sliding stock prices after announcing plans to sell 12 million shares in a public offering to help finance the purchase of new jets.

Read more: Republic Airways to offer 12M shares | Business First

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Consumer Staples Stocks, Energy Stocks | No Comments »

UEC forges ahead, LVS has strong volume, GSI slumps

Monday, November 8th, 2010

Uranium Energy Corp. (AMEX: UEC) enjoyed Monday, tacking on 31.02 percent to greet the final minutes before the closing bell at $6.04. Volume was 2,479,297shares, or nearly four times its daily average over the last three months. In October, the Texas-based UEC announced that it had completed its previously announced private placement financing involving the sale of an aggregate of 8,111,313 units of the Company (each a “Unit”), at a price of $3.40 per Unit, for gross proceeds of $27,578,464.20.

Las Vegas Sands Corp. (NYSE: LVS) gained 1.56 percent approaching Monday’s final bell to $52.79. Volume was 64,079,528 shares, or more than double its three-month daily average. Last week, LVS announced a quarterly dividend payment of $2.50 per share on its outstanding 10% Series A Cumulative Perpetual Preferred Stock to stockholders of record at the close of business on Tuesday, November 2.

General Steel Holdings (NYSE: GSI) skidded 7.43 percent in price to $2.74 near the close on Monday. Volume for the stock was 1,053,064 shares, in contrast to a three-month daily average of 278,970 shares. The drop comes amid word of third-quarter results out Monday, which showed gross margin improved to 3.4% from 1.5% in the previous quarter. Income from operations for the Beijing-based company increased to $6.0 million for the third quarter from a loss of $6.3 million in the second quarter and a loss of $6.4 million in the first quarter of 2010

Tags: , , , ,
Posted in Consumer Discretionary Stocks, Consumer Staples Stocks, Energy Stocks | No Comments »

WSP keeps gaining, MGM among volume leaders, IIIIU slides

Monday, November 8th, 2010

WSP Holdings Limited (NYSE: WH) sprinted ahead 14.39 percent Monday to register at $1.59 soon before the closing bell. Volume was 313,312 shares, more than triple its daily average. WSP Holdings is a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration.

MGM Resorts International (NYSE: MGM) got traction in late Monday trading, moving up 6.77 percent to $12.93. Volume of 76,693,483 shares dwarfed its three-month daily average of 27,642,800. The company announced last week that it has closed its previously-announced sale of four long-term ground leases and their respective underlying real property parcels at The Borgata Hotel Casino & Spa in Atlantic City, New Jersey.

Information Services Group Inc. (NasdaqGM: IIIIU) sank 23.48 percent late Monday to $6.68. Volume was 113,778 shares. The stock’s three-month daily average was not available at press time. The Stamford, Conn. Company was founded in 2006 to build an industry-leading, high-growth, information-based services company by acquiring and growing businesses in advisory services, including strategy, implementation and management, and market information, including market measurement, analytics and related products and services.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »