Archive for the ‘Industrial Stocks’ Category

ASTC in orbit, C sells widely, IRE gloomy

Tuesday, November 23rd, 2010

Astrotech Corp. (Nasdaq: ASTC) sprinted out to a gain of gained 68.32 percent in price in Tuesday morning trade to $1.70  Volume in the first hour was a staggering 1,683,045 shares, overwhelming its usual full-day share volume of 67.095. The Austin-based provider of commercial aerospace services, today announced that its Astrotech Space Operations subsidiary has won a fully-funded task order under the $35-million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract for NASA.

Citigroup (NYSE: C) was among Tuesday morning’s volume leaders, trading in 104,926,884 shares, nearly a quarter of its mormal daily volume of 474,398,000 shares. The banking behemoth slipped in price, though, by 1.56 percent to $4.12.

Bank of Ireland (NYSE: IRE) fell in price early Tuesday by 23.42 percent to $1.70. Volume of 21,334,242 shares was nearly seven times the bank’s three-month daily average for volume.On Sunday, Ireland became the second euro zone country to ask for aid and will officially begin talks with the European Union regarding a bailout that could reach $110 billion.

CDTI streaks ahead, LVS sells widely, CARV slumps

Wednesday, November 17th, 2010

Clean Diesel Technologies Inc. (NasdaqCM: CDTI) increased 20.68 percent in price Wednesday to $14.26. Volume was 161,147 shares, compared to its daily average of 44,833. The Ventura, Calif. company is a vertically integrated global manufacturer and distributor of emissions control systems and products, focused in the heavy duty diesel (HDD) and light duty vehicle (LDV) markets.

Las Vegas Sands Corp. (NYSE: LVS) Wednesday dealt in 42,983,170 shares, surpassing its three-month daily average of 32,378,300. LVS shares fell 0.56 percent to $45.97. LVS is a Fortune 500 company and the leading global developer of destination properties (integrated resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.

Carver Bancorp Inc. (NasdaqGM: CARV) fell in price Wednesday afternoon by 22.27 percent to $2.20. Volume was 12,420 shares, more than double its three-month daily average. CARV is the holding company for Carver Federal Savings Bank.

LDSH jumps on buyout news, F decorated, RINO stumbles on suit

Wednesday, November 17th, 2010

Ladish Co. Inc. (NasdaqGS: LDSH) increased 55.44 percent in price Wednesday to $45.59. Volume was 3,969,419 shares, easily trumping its daily average of 86,967. Wednesday,  Allegheny Technologies, a maker of specialty metals including titanium alloys, said it would pay $778 million in cash and stock to acquire Ladish of Cudahy, Wisconsin, which makes forged and cast parts for jet engines and other industrial applications.

Ford Motor Company (NYSE: F) was a volume leader early Wednesday, dealing in 44,842,506 shares, compared to its three-month daily average of 76,199,500. The carmaker saw its stock price inch ahead 1.88 percent to $16.82. Ford said its 2011 Taurus, Super Duty and Mustang GT have earned Kelley Blue Book’s kbb.com Best Resale Value Awards in the full-size car, full-size pickup and high-performance car categories, respectively

RINO International Company (NasdaqGS: RINO) fell in price in early trading Wednesday by 16.78 percent to $5.95. Volume was 3,421,180 shares, more than triple its three-month daily average. On Wednesday, RINO revealed it was the target of a lawsuit on behalf of investors who purchased the common stock of RINO International Corporation from March 31, 2009 to November 11, 2010.

HHC gets boost, S trades widely, WG sags

Monday, November 15th, 2010

The Howard Hughes Corporation (NYSE: HHC) climbed in price 9.17 percent to $40.35 in mid-afternoon trading on Monday. Volume in the company was 371,160 shares, within sight of its three-month daily average of 481,350. HHC was the result last week of a spinoff involving former parent company General Growth Properties Inc., the second-largest U.S. mall operator.

Sprint Nextel Corporation (NYSE: S) was among the volume leaders in late-afternoon trading Monday, doing business in 48,858,413 shares, compared to a full-day average of 45,064,600. The stock got punished, though, 3.35 percent in price to $3.89. Sprint announced Monday it has extended its WiMAX wireless broadband service to Sacramento, Calif, adding that it had opened its fifth California market and plans to begin selling the fourth-generation (4G) service in Los Angeles and San Francisco by the end of the year.

Willbros Group Inc. (NYSE: WG) lost ground Monday in its stock price, dropping 8.47 percent to $7.56. Volume in WG was 1,188,206 shares, compared to a daily average of 416,564.  Houston-based Willbros Group is an independent contractor serving the oil, gas, power, refining and petrochemical industries

FTK runs, CSCO does brisk business, MMYT tagged on taxes

Monday, November 15th, 2010

Flotek Industries Inc. (NYSE: FTK) galloped ahead 9.7 percent to $2.94. Volume was 1,511,761 shares, or triple its daily average in volume. Houston-based FTK manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities.

Cisco Systems Inc. (NasdaqGS: CSCO) engaged in share volume of 79,993,770 in mid-afternoon trading Monday, climbing over its daily average of 67,017,800. CSCO stock skidded, though, by 0.62 percent in price to $20.02. The San Jose-based software giant announced Monday it will host a live Cisco TV broadcast and Q-and-A session to discuss what organizations need to consider as they transition to IPv6, a version of the Internet Protocol that is designed to succeed the current IPv4 protocol.

MakeMyTrip Limited (NasdaqGM: MMYT) got bruised in mid-afternoon trading Monday, losing 23.25 percent in price to $29.28. MYMT volume was 2,008,990 shares, or four times its daily average. The Indian travel company reported weak quarterly results and said it received a demand of service tax from regulators. For the second quarter, MakeMyTrip reported an adjusted profit of two cents a share in line with analysts view, according to Thomson Reuters I/B/E/S. Excluding service costs, revenue totalled $12.9 million, below estimates of $13.7 million.