Archive for the ‘Financial Stocks’ Category

« Older Entries
Newer Entries »

SBIBW has wings, C, ALXA sink

Tuesday, January 18th, 2011

Sterling Bancshares Inc. (Nasdaq: SBIBW) flew 60 percent in price to $3.12. Volume was 101,438, or five times its full-day volume average, amid reports this week that Cullen/Frost Bankers, Inc. may be acquiring the smaller bank.

Citigroup Inc. (NYSE: C) flew off the shelves Tuesday, dealt in 731,126,655 shares Thursday, already surpassing a full-day average of 549,838,000. Prices for C fell 5.5 percent to $4.86. Citigroup reported a $1.3 billion profit, compared with a $7.6 billion loss a year earlier. Revenue jumped to $18.4 billion, from $5.4 billion a year earlier, but fell more than 11% from the third quarter.

Alexza Pharmaceuticals Inc. (Nasdaq: ALXA) fell 19.2 percent in early trading to $1.35. Volume for the stock was 1,784,554 shares, nearly double its all-day average, on word that the company will file a new application for its drug candidate Adusuve Staccato in July.

Tags: , , , , , , , ,
Posted in Financial Stocks, Health Care Stocks | No Comments »

CT capital, AA does great business, MSCI muzzled

Thursday, January 13th, 2011

Capital Trust Inc. (NYSE: CT) shares climbed 22.8 percent to $2.32 Thursday afternoon. Volume was 657,552, or nearly six times its full-day volume average. CT is a finance and investment management company focused on the commercial real estate industry.

Alcoa Inc. (NYSE: AA) traded in 57,942,316 shares Thursday, more than doubling its daily average. Prices for AA were down 3.4 percent to $15.69, just days after reporting improved revenue and income figures for fiscal 2010.

MSCI Inc. Class A (NYSE: MSCI) plummeted 9.1 percent Thursday to $36.11. Volume for the stock was 1,538,410 shares or three times its full-day average after the investment analysis and market index company said margin growth may slow down in next few quarters as it increases its capital spending.

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

PCE pops, PAL steady, QBC reverses

Thursday, January 13th, 2011

Pacific Office Properties Trust. (AMEX: PCE) shares ballooned 75.5 percent to $3.58 early Thursday afternoon. Volume was 674,108, or more than 33 times its full-day volume average, after saying it will no longer attempt an initial public offering on the New York Stock Exchange.

North American Palladium Inc. (AMEX: PAL) traded in 5,700,732 shares Thursday, nearly doubling its daily average of 3,334,090. Prices for were up 2.6 percent to $7.38. Toronto-based PAL is a precious metals company focused on growing its production of palladium and gold in mining-friendly jurisdictions.

Cubic Energy Inc. (AMEX: QBC) fell 6.9 percent Thursday to $1.08. Volume for the stock was 192,919 shares besting its full-day average of 141,700. QBC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.

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

CPBM flies, ELCR accelerates, NTFL bruised

Thursday, January 13th, 2011

Cyplasin Biomedical Ltd. (OTCBB: CPBM) doubled in price Thursday to eight cents, on volume of 556,350 shares, at least 10 times its daily average. Through its wholly-owned subsidiary, Astro Nutrition Inc., CPBM functions as a reseller of health products and herbal remedies.

Electric Car Company Inc. (OTCBB: ELCR) was busy Thursday, trading in 98.9 million shares, compared to a daily average of 75.2 million. The price doubled Thursday to two-100ths of a cent.

Network 1 Financial Group Inc. (OTCBB: NTFL) stumbled 61 percent in price Thursday to 3.9 cents. Volume was 44,960 shares trounced its normal daily average. The company generates income from transactional business, mutual fund sales, business consulting fees, finder’s fees, and annuity sales.

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

EXFO excels, C steady, LEDS falls

Thursday, January 13th, 2011

Exfo Inc. (Nasdaq: EXFO) shares gained 21.7 percent to $9.21 Thursday. Volume was 1,068,654, leaps and bounds better than its full-day volume average of 34,688, after the Canadian telecom-testing-equipment maker reported first-quarter earnings that exceeded its own forecast.

Citigroup (NYSE: C) traded in 179,303,239 shares Thursday, about a third its daily average of 547,887,000. Prices for C were flat at $5.07.

SemiLEDS Corporation (Nasdaq: LEDS) fell 33 percent Thursday to $19.17 Volume for the stock was 4,007,597 shares, eight times its full-day average. The company said new pricing pressures will lead to slimmer profit and revenue for the newly-public company over the next three months.

Tags: , , , , , ,
Posted in Financial Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »