Archive for the ‘Industrial Stocks’ Category

BWOW wows, CSCO busy, LPHI steps back

Thursday, December 16th, 2010

Wowjoint Holdings Ltd. (NasdaqGS: BWOW) ballooned 44.44 percent in price Thursday to $3.77. Volume of 60,600 shares proved 20 times its full-day average. The Beijing-based BWOW is a leading provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction

Cisco Systems Inc. (NasdaqGS: CSCO) traded Thursday in 36,433,475 shares, or about half its full-day average. CSCO share prices gained 1.23 per cent, to $19.71.

Life Partners Holdings Inc (NasdaqGS: LPHI) tumbles 15.79 percent Thursday to $16.75, on volume of 291,687 shares, dwarfing its full day average of 85,703. LPHI, the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, announced earlier this month a five-for-four split in its common stock.

ACLS excels, MSFT gains, THLD throttled

Thursday, December 16th, 2010

Axcelis Technologies Inc. (NasdaqGS: ACLS) gained 12.91 percent in price Thursday to $3.41. Volume of 1,723,617 shares nearly doubled its full-day average.  The Mass-based ACLS announced that its IntegraTM ES plasma dry strip system has been selected as the process tool of record by one of the world’s largest semiconductor manufacturers.

Microsoft Corp. (NasdaqGS: MSFT) traded Thursday in 32,635,809 shares, or about half its full-day average. MSFT share prices gained 0.22 per cent, to $27.90. Microsofts’s board of directors Wednesday declared a quarterly dividend of $0.16 per share.

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) lost 10.61 percent Thursday to $1.18. Volume of 236,558 shares more than tripled its full day average. The California-based THLD is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

SRDX jumps, GE with bright volume, BAS bad

Wednesday, December 15th, 2010

SurModics Inc. (NasdaqGS: SRDX) surged 14.23 percent Wednesday afternoon to $11.88. Volume of 548,798 shares quadrupled its full-day average. SRDX is provider of drug delivery and surface modification technologies to the healthcare industry.

General Electric (NYSE: GE) traded in 43,357,683 shares Wednesday afternoon, closing in on its full-day average of 59,400,000. Share prices faded 1.13 per cent, to $17.49. QGC, a leading Australian coal seam gas explorer and producer, has signed a contract with a consortium of GE and Laing O’Rourke for the construction of a water treatment plant in southwest Queensland.

Basic Energy Services, Inc. (NYSE: BAS) fell 5.54 percent in Wednesday afternoon trading to $14.50. Volume of 402,054 shares compared to BAS’ full-day average of 447,652. BAS, of Midland, Texas, provides well site services essential to maintaining production from the oil and gas wells within its operating area.

ABPA pledges higher, TADF merges, PGRD purges

Wednesday, December 15th, 2010

Allegiance Bank of North America (OTCBB: ABPA) screamed 150 percent in price Wednesday afternoon to 35-100ths of a cent. Volume of 222,500 shares compared favorably with its daily average of 84,271.

Tactical Air Defense Services Inc. (OTCBB: TADF) dealt in 66.24 million shares by early afternoon Wednesday, compared to an average of 12.73 million a day. Share prices inched up 2.56 percent to four-10ths of a cent. The aerospace/defense services contractor based in Carson City, Nev., announced this week that it has executed an Agreement and Plan of Merger with Tactical Air Support, Inc.

Proguard Acquisition Corp. (OTCBB: PGRD) fell in price by 60 percent Wednesday to six cents. Volume for this stock was 21,500 shares, compared to a daily average of 3,455.

RES revved up, BAC solid, LCI wobbles

Monday, December 13th, 2010

RPC Inc. (NYSE: RES) spiked 50.21 percent Monday to $21.11. Volume was 675,973 shares, just above pulling even with its normal daily average. The Atlanta-based RES provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the U.S.

Bank of America Corp. (NYSE: BAC) took its place among the volume leaders mid-morning Monday, trading in 63,254,656 shares, compared to its normal daily average of 209,350,000. BAC’s price inched back 0.16 percent to $12.78. Bank of America Merrill Lynch today announced that it has launched electronic FX options trading capabilities for institutional and corporate clients.

Lannett Co. Inc. (AMEX: LCI) dipped in price 13.28 percent to $5.21 soon after Monday’s opening. Volume was 74,742 shares, compared to a full-day average of 51,394. LCI develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of indications.