Archive for the ‘Health Care Stocks’ Category

SWSH shines, CSCO pays up, OSN down

Monday, April 11th, 2011

Swisher Hygiene Inc. (Nasdaq: SWSH) shares surged 6.9% to $8.64. Volume was 1.2 million shares, or nearly twice its full-day average, after acquiring Q Linen Service, Inc. a South Florida-based linen services company.

Cisco Systems Inc. (Nasdaq: CSCO) dealt in 34.1 million shares early Monday afternoon, pursuing an all-day average of 76.8 million. Prices dipped a mite, though, 1.1% to $17.46, after being told to pay nearly $64 million in a patent case.

Ossen Innovation Inc. (Nasdaq: OSN) descended in price 15.2% to $2.35. Volume of just over 126,000 proved twice its normal daily average

ADAT gains, SIRI tunes in, CYH under pressure

Monday, April 11th, 2011

Authentidate Holding Corp. (Nasdaq: ADAT) shares shot forward 22.2% to 88 cents, on volume of nearly 532,000 shares, compared to an average of just under 120,000, after it announced that it has been selected by the Department of Veteran Affairs (VA) as a supplier for its Telehealth Program, already one of the largest in the world.

Sirius XM Radio Inc. (Nasdaq: SIRI) made its presence felt Monday afternoon, dealing in 24.9 million shares, compared to a daily average of 54.2 million. Share prices improved 2% to $1.80.

Community Health Services Inc. (NYSE: CYH) skidded 32.4% to $27.26 Monday, on share volume of 25.7 million, triumphing over a daily average of 1.3 million, on word the company was being sued by Tenet Healthcare.

AMMD gets bought, LVLT lively, QUIK drops quickly

Monday, April 11th, 2011

American Medical Systems Holdings Inc. (Nasdaq: AMMD) shares gained 32.1% to $29.50 on volumes topping 17 million shares, in contrast to a daily average of less than one million. This, after Endo Pharmaceuticals Holdings Inc. (Nasdaq: ENDP) said it would buy the urological medical-devices supplier for about $2.6 billion.

Level 3 Communications Inc. (Nasdaq: LVLT) shares tumbled off the shelves early Monday, trading in 120 million in all, or six times the business it would normally do in a day. Prices for the stock forged ahead 14.9% to $1.66, on word the company was set to buy Global Crossing for $2 billion.

QuickLogic Corp. (Nasdaq: QUIK) shares fell 16.8% to $4.05, on volume of 753,000 or nearly double its full-day average, after the semiconductor company late Friday lowered its first-quarter revenue outlook.

OXGN moves up, F trades widely, LUV grounded

Monday, April 4th, 2011

Oxigene Inc. (Nasdaq:OXGN) shares advanced 6.5% to $1.82, on volume of 165,014, nosing out its all-day average of 134,773, after it announced the presentation of positive preclinical data supporting development of its novel, non-peptidic cathepsin L inhibitors as anticancer agents.

Ford Motor Company (NYSE: F) was a volume champion early Monday afternoon, trading in 59.4 million shares, although shy of its full-day average of 90 million. Prices for F were up 3% to $15.61, on word its CEO Alan Mulally was to receive the Edison Achievement Award, at a ceremony in New York on Tuesday.

Southwest Airlines Co. (NYSE: LUV) was among the more notable stocks losing ground in Monday trading, its shares shedding 2.5% to $12.35, on 8.3 million shares – just nosing out its daily average — after the carrier said Sunday that two planes were found to have cracks like those in a plane that developed a hole in flight on Friday.

Viva VVUS, C active, AMIE earthward

Monday, April 4th, 2011

Vivus Inc. (Nasdaq: VVUS) shares rose 11.7% to $7.05 early Monday morning, on volume of 6.4 million shares, or double its all-day average. This, after the company said its experimental weight-loss drug yielded positive results and helped cut blood pressure.

Citigroup Inc. (NYSE: C) was an early volume leader Monday, dealing in 79 million, compared to a daily average of 494.6 million. Share prices slid 0.5% to $4.43,

Ambassadors International Inc. (Nasdaq: AMIE) shares tumbled 69.6% to 85 cents, on volume of 2.5 million shares, towering over a daily average around 101,000, after the parent of Windstar Cruises filed for bankruptcy protection on Friday.