Archive for the ‘Energy Stocks’ Category

WMB jumps, BRCD gets word out, ULBI reports

Thursday, February 17th, 2011

Williams Companies Inc. (NYSE: WMB) shares gained 7% to $29.71. Share volume was 27.3 million, or better than quadruple its daily average, a day after it said it would divide its pipeline and exploration business into two separate public companies.

Brocade Communication Systems (Nasdaq: BRCD) sold like hotcakes Thursday, trading in 28.5 million shares Thursday, already doubling its daily average. BRCD prices grew 5.3% to $6.03, with earnings set to be released after Thursday’s closing bell.

UltraLife Corporation (Nasdaq: ULBI) plummeted 11.1% in price Thursday to $5.44. Volume was 395,000 shares, better than triple its daily average, on reporting quarterly operating income of $1.6 million on revenue of $50.4 million.

CLF scales, NVDA deals, NTAP taps out

Thursday, February 17th, 2011

Cliffs Natural Resources Inc. (NYSE: CLF) shares were up 8.3% to $100.59, on volume of 3.9 million shares, already racing ahead of an average of 3.2 million, a day after the mining firm hiked its 2011 North American iron-ore sales outlook.

Nvidia Corporation (Nasdaq: NVDA) dealt in 21.6 million shares Thursday, approaching a daily average of 24.6 million. Share prices jumped 2.9% to $24.06.

NetApp Inc. (Nasdaq: NTAP) shares were off 9.9% to $52.74. Share volumes were 10.8 million shares, already twice its daily average, a day after the data-storage company offered a fourth-quarter forecast below expectations.

KV just the tonic, NVDA hooks up, QTWWD spooked

Monday, February 14th, 2011

KV Pharmaceutical Co. (NYSE: KV.A) shares screamed higher 39.7%, to $6.12, on volume of 6.0 million, or eight times its normal daily volume. KV said Monday it expects to raise $32 million through a private placement of Class A stock

Nvidia Corporation (Nasdaq: NVDA) dealt in 29.4 million shares Monday, surpassing a daily average of 24.7 million. Prices for NVDA subsided, though, by 1.6% to $23.10, after announcing over the weekend partnerships with Samsung and Atmel.

Quantum Fuel systems Technological Inc. (Nasdaq: QTWWD) eased in price by 15.6% Monday to $6.06. Volume was 271,711 shortly before the close, or more than five times its average, after announcing a quarterly operating loss of $4.9 million.

CLF scales cliff, INTC steady, SUTR less than super

Monday, February 14th, 2011

Cliffs Natural Resources Inc. (NYSE: CLF) shares gained 5.8%, to $92.55, on volume of 3.4 million shares, nosing out its daily average of 3.2 million. CLF is enjoying a rally among metals-mining stocks after data showed a jump in Chinese imports of iron ore, copper and other industrial commodities.

Intel Corporation (Nasdaq: INTC) dealt in 37.2 million shares Monday, trailing a daily average of 54.5 million. Prices for the chip-maker drifted lower 0.8% to $21.59, after announcing an investment in half a dozen mobile technology companies.

Sutor Technology Group Ltd. (Nasdaq: SUTR) toppled in price by 11% Monday to $1.94. Volume for SUTR was 497,116 shortly before the close, or nearly five times its average, after announcing quarterly revenues of $99.4 million, compared to $115.2 million for the same period last year, or 13.7% lower.

OEDV overwhelms, PTSH solid, SNAS swoons

Monday, February 14th, 2011

Osage Exploration and Development Inc. (OTCBB: OEDV) galloped ahead 185.7% in price to 20 cents Monday, on volume of 13,470 shares, well behind a daily average of around 75,000. OEDV is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. and Colombia.

PTS Inc. (OTCBB: PTSH) had a busy Monday, trading in 143 million shares, compared to its usual average of 12.5 million. Share prices were flat, though, at two-100ths of a cent. The Company’s current purpose is to seek, investigate and, if such investigation warrants, acquire an interest in business opportunities presented to it by persons or firms who or which desire to seek the perceived advantages of a Corporation.

Sino Assurance Inc. (OTCBB: SNAS) sagged 70% in price to 15 cents Monday on volume of 19,780 shares, 50% better than it trades most days. SNAS through its subsidiaries and variable interest entity, is mainly engaged in the provision of surety and tendering guarantees service to corporations and individuals in China.