Archive for the ‘Health Care Stocks’ Category

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MSHL moves, MSFT busy, MAJC miserable

Monday, March 21st, 2011

Marshall Edwards, Inc.(Nasdaq : MSHL) shares boosted 13.3% to $1.70, on volume of 45,250 shares, shy of its all-day average of 57,758, after it announced today the publication of results from a Phase II clinical trial of intravenous Phenoxodiol in combination with cisplatin in women with platinum-resistant ovarian cancer.

Microsoft Corporation (Nasdaq: MSFT) dealt in 26.2 million shares, making it one of the leaders, but still short of its average of 58.7 million. Shares for the computer behemoth advanced 2.1% to $25.33, amid strength in the tech industry.

Majestic Capital Inc. (Nasdaq: MAJC) lost its parachute and dropped 72.7% in price Monday to $1.18, on volume of 1.3 million shares, towering over a daily average of around 5,300, as the company mulls bankruptcy following a termination of a merger agreement with Bayside Capital Partners.

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TGE shouts, CSCO sells widely, XNPT dips

Monday, March 21st, 2011

TGC Industries Inc. (Nasdaq: TGE) shares soared 14.5% to $7.82, on volume of 603,000 shares, or eight times its daily volume, after Dawson Geophysical Co. (Nasdaq: DWSN) said it would acquire the provider of seismic data to oil and gas producers for about $157 million in stock. DWSN shares advanced 1.1% to $43.00.

Cisco Systems (Nasdaq: CSCO) dealt in 24.7 million shares, catching up rapidly on a daily average of 71.2 million. Share prices gained 1.9% to $17.47.

XenoPort Inc.(Nasdaq: XNPT) shares fell 10.3% to $5.98, on volume of 4.4 million, or nine times its daily volume, after the company said it would halt development of its experimental heartburn treatment.

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ARSC jumps, ELCR fires on all cylinders, GNTA falls

Monday, March 21st, 2011

American Security Resources Corp. (OTCBB: ARSC) flew out of the blocks Monday, doubling in price to two-100ths of a cent, on volume of 125 million shares, outdistancing its daily average of 72 million.

Electric Car Company Inc. (OTCBB: ELCR) revved up a lot of investors Monday, trading in 22 million, still quite a ways from its daily volume of 126.4 million. The stock’s price was flat, at however, at one-100th of a cent. The Missouri-based ELCR is a vehicle conversion company that specializes in electric conversions and manufacturing for the livery, fleet and private specialty markets.

Genta Inc. (OTCBB: GNTA) slumped in price 86.8% to 4.3 cents. Volume was 3.5 million shares, nearly quadruple its daily average. The New Jersey-based GNTA is a biopharmaceutical company with a diversified product portfolio that is focused on delivering innovative products for the treatment of patients with cancer.

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CRIS soars, C active, S slips

Monday, March 21st, 2011

Curis Inc. (Nasdaq: CRIS) shares climbed 14% to $3.34, on three million shares, or five times its daily average, after the drug developer and its partner Roche Group announced positive results from a midstage study of their skin-cancer treatment.

Citigroup Inc. (NYSE: C) traded in 263 million shares Monday, closing in on a daily average of 482 million. C announced Monday it will slash the number of common shares outstanding through a 1-for-10 reverse stock split, and reintroduce a dividend

Sprint Nextel Corp. (NYSE: S) shares declined 13.4% to $4.38, on volume of 134 million shares, better than double its daily average of 55 million, a trading day after rival AT&T Inc. (NYSE: T) said it would acquire T-Mobile USA from Deutsche Telekom AG in a $39-billion deal that would make AT&T the largest U.S. wireless carrier.

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BKD grows, S rings it up, ALAN slumps

Thursday, February 24th, 2011

Brookdale Senior Living Inc. (NYSE: BKD) shares gained 9% to $25.55, on share volume of 1.8 million, or twice its average, a day after the operator of assisted-living housing reported a narrower fourth-quarter loss. Earlier Thursday, the company announced an agreement for an expanded corporate line of credit.

Sprint Nextel Corp. (Nasdaq: S) traded Thursday in 56.8 million shares, surpassing its daily average of 52.3 million. Prices added 1.8% to $4.28, after taking the wraps off its HTC Arrive smart phone.

Alanco Technologies Inc. (Nasdaq: ALAN) subsided 13.3% to $1.04 Thursday, on share volume of 113,000, more than six times its daily average.

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