Archive for the ‘Energy Stocks’ Category

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MCP marvelous, ORCL popular, DGW under fire

Monday, April 4th, 2011

Molycorp. Inc. (NYSE: MCP) shares advanced 12.3% to $66.54, on volume of 10.6 million, compared to 6.1 million, after the producer of rare-earth metals bought a controlling stake in Estonia-based AS Silmet.

Oracle Corporation (Nasdaq: ORCL) traded in 23.7 million shares Monday, a titch short of its daily average of 26.9 million. Prices for ORCL nipped up 0.3% to $34.12.

Duoyuan Global Water Inc. (NYSE: DGW) descended 27% in price to $4.01. Volume for the stock was eight million shares, towering over its daily average of 416,379, after a research firm with a short position in the stock accused the Chinese company of committing fraud.

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GEOI garners, MSFT mighty, ACXM misfires

Wednesday, March 30th, 2011

GeoResources Inc. (Nasdaq: GEOI) shares gained 6.7% to $30.65. Volume was 539,190 shares, nosing out its daily average of 470,379, after Wells Fargo Securities initiated coverage of the exploration company with an outperform rating.

Microsoft Inc. (Nasdaq: MSFT) traded in 29.9 million shares, or about half of its daily average, sending its share prices to $25.60 or 0.4% higher than Tuesday’s close.

Acxiom Corp. (Nasdaq: ACXM) shares declined 22.7% to $13.49, on volume of 9.5 million shares, or 20 times its daily average, after the data-services provider said its CEO had resigned, effective two days ago, and that its CFO plans to step down.

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EK in picture, C rumbles, CBEH wobbles

Monday, March 28th, 2011

Eastman Kodak Co. (NYSE: EK) shares rallied 10.9% to $3.77. Volume of nearly 39 million shares during the morning proved nearly quadruple its full-day average. The U.S. International Trade Commission said Friday it will review a patent decision that went against Kodak in January.

Citigroup Inc. (NYSE: C) dealt in nearly 78 million shares early Monday, rapidly gaining on a full-day average of 487.2 million. Share prices for C, however, stumbled 0.8% to $4.43, amid word of a drop in short interest for Citi and Bank of America.

China Integrated Energy Inc. (Nasdaq: CBEH) share prices trailed Friday’s close by 24.6% to $2.83, on volume of 3.8 million shares, dwarfing its all-day average of 853,489.

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Posted in Consumer Discretionary Stocks, Energy Stocks, Financial Stocks | No Comments »

PSTR rocks, F rolls, CNIT hobbles

Thursday, March 24th, 2011

PostRock Energy Corp (Nasdaq: PSTR) shares rose 19.6% to $5.98. Volume for the stock was 258,000, better than twice its daily volume. The company was identified Wednesday by Zacks Investment Research as having the lowest forward price-to-earnings ratio of companies in the energy exploration industry.

Ford Motor Company (NYSE: F) traded in 106.7 million shares, topping its all-day average of 87.1 million. Share prices for F climbed 5.2% to $15.05

China Information Technology Inc. (Nasdaq: CNIT) shares got bruised 13.8% to $2.69, on volume of 2.3 million, or eight times its average

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

KNSC climbs, HLWX active, STDR swoons

Monday, March 21st, 2011

Kenergy Scientific Inc. (OTCBB: KNSC) saw its price double Monday morning to two-100ths of a cent, on volume of 51.3 million shares, better than doubling a daily average of 21.3 million. The Flemington, New Jersey-based KNSC was once known as SpeechSwitch Inc.

Helix Wind Corp. (OTCBB: HLXW) was a volume leader among micro-caps early Monday afternoon, dealing in 65.8 million shares, just shy of a daily average of 71.9 million. Share prices for HLWX boosted 11.1% to one-10th of a cent. The Poway, California-based company is into renewable energy.

Standard Drilling Inc. (OTCBB: STDR) saw its shares go south 50% to half a cent Monday, on volume of 41,000 or double its normal share volume.

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