Archive for the ‘Industrial Stocks’ Category

« Older Entries
Newer Entries »

BUCY jumps on M&A news, F sells on Focus news, THOR skips a beat

Monday, November 15th, 2010

Bucyrus International Inc. (NasdaqGS: BUCY) exploded in price 28.67 percent to $89.58 Monday morning. Its pre-noon volume of 18,060,713 shares dwarfs its full-day average high of 1,896,260.  The jump comes on word that Caterpillar, the world’s largest maker of mining and construction equipment, is making a try for a $8.6-billion acquisition of Bucyrus International, a maker of draglines, drill, shovels and other equipment used by coal miners.

Ford Motor Company (NYSE: F) was among the volume leaders Monday morning, dealing in 83,650,404, surpassing the car maker’s average daily volume.  The shares price hiked 4.23 percent to $16.99. Ford announced Monday that it will introduce the battery-powered Focus compact, its first all-electric passenger car, in 19 U.S. cities in late 2011.

Thoratec Corp. (NasdaqGS: THOR) headed south in price 19.22 percent as Monday’s clock approached noon to $25.00. Volume was 7,367,749 shares, better than seven times its daily average.  The Pleasanton, Calif.-based heart device maker made news last week in announcing it was selling its diagnostic test business to private equity firm Warburg Pincus LLC for $55 million.

Tags: , , , , , ,
Posted in Consumer Discretionary Stocks, Health Care Stocks, Industrial Stocks | No Comments »

LNG has juice, GE has strong volume, CMT staggers

Thursday, November 11th, 2010

Cheniere Energy Inc. (AMEX: LNG) gained 0.44 percent in price to close Thursday afternoon at $4.57. Volume in LNG was 4,587,302, more than eight times its normal share volume in one day. The Houston-based LNG last Friday reported a net loss of $40.6 million, or $0.73 per share for the quarter ended September 30, 2010 compared with a net loss of $42.5 million, or $0.80 per share, for the comparable 2009 period.

General Electric Company (NYSE: GE) was among the market’s volume leaders Thursday, with 45,024,341 shares, even though that figure was lower than its three-month daily average of 60,065,800 shares. The company slid 1.21 percent in price to close trading Thursday at $16.35.  Thursday, the company announced plans to use 25,000 electric vehicles in its fleets by 2015.

Core Molding Technologies Inc. (AMEX: CMT) took a thumping in price Thursday, falling 15.77 percent to close at $4.38. Share volume was 49,557, trampling its daily average volume of 3,532. Columbus, Ohio-based CMT reported Q3 net income of $307,000 or $.04 per share, compared with net income of $849,000, or $0.13 per basic share, in the third quarter of 2009.

Tags: , ,
Posted in Energy Stocks, Industrial Stocks, Technology Stocks | No Comments »

SINO sets sail, INTC benefits from upgrade, ASTI stumbles

Thursday, November 11th, 2010

Sino-Global Shipping America (Nasdaq: SINO) enjoyed a 20-percent spike in price in late trading Thursday to $3.06. Volume in SINO was only 22,048, which is still five times its normal average volume. SINO is a leading, non-state-owned provider of shipping agency services operating primarily in China.

Intel Corporation (Nasdaq: INTC) traded in 52,665,889 shares, and even though that’s below its daily average of 69,476,600 shares, it was still enough to make “Mr. Chips” one of the market’s volume leaders. The chip-maker forged ahead 0.59 percent to $21.17. Thursday, an analyst at Morgan Stanley raised his rating on INTC to “Overweight” from “Equal Weight”, while setting a price target of $26.

Ascent Solar Technologies Inc. (NasdaqGM: ASTI) was bruised 14.25 percent in price to $3.91 in late Thursday trading. Volume in ASTI was a healthy 2,058,979 shares, more than quadruple its daily average volume.  The photovoltaic module maker, based out of Thornton, Colo., said its share sale was priced at a nine-percent discount to its Wednesday close.

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

FTK shoots higher, S transmits volume, RINO wounded

Thursday, November 11th, 2010

Flotek Industries, Inc. (NYSE: FTK) gained 24.42 percent in price to $2.70. Volume in FTK stock Thursday was 3,166,940 shares, or nearly nine times its average. The Houston-based FTK manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities. Wednesday, it announced Q3 revenues $40.0 million, an increase from $23.8 million in the third quarter of 2009. The Company posted a Q3 net loss attributable to common shareholders of$2.4 million, an improvement over $23.9 million in the third quarter of 2009.

Sprint Nextel Corporation (NYSE: S) did business amounting to 54,253,794 shares Thursday, compared to its daily average of 44,550,900. S added 1.9 percent in price to $4.01 as the final bell was getting ready to sound. Sources say Sprint and Clearwire (Nasdaq: CLWR) are arguing smart phone payments, S having initiated arbitration proceedings to resolve the dispute.

RINO International Corporation (NasdaqGS: RINO) took a price hit late Thursday, dropping 17.75 percent to $10.84. Volume in RINO was 5,808,674 shares, or nearly eight times the normal volume. The Chinese-based clean technology firm has set Monday as announcement date for its third-quarter financial results.

Tags: , ,
Posted in Industrial Stocks, Penny Stocks, Technology Stocks | No Comments »

CPC soars, ALU sells, ARBX trips

Thursday, November 11th, 2010

Chemspec International Limited (NYSE: CPC) positively sang in early afternoon trading Thursday, chugging ahead 20.89 percent to $7.64. Volume in CPC was 178,054 shares, nearly quadruple its daily volume average. The Shanghai-based contract manufacturer of highly-engineered specialty chemicals has set Friday morning to announce its third-quarter financial results.

Alcatel-Lucent (NYSE: ALU) reported wide volume of 41,327,621 shortly after noon ET, nearly triple its full-day volume average. Shares took a bit of a beating, 3.18 percent, to $3.04.  The Las Vegas-based transformation partner reported Thursday that its IPTV Micro-Architecture solution designed for underserved smaller local and regional markets garnered a TelcoTV Vision Award in the “Most Innovative Middleware” category at TelcoTV 2010, the largest video conference and expo focused on the U.S. service provider market.

Arbinet Corporation (NasdaqGM: ARBX) got stung Thursday afternoon 21.02 percent in price to register at $5.45. Volume was 23,083 shares, in contrast to usual volume of 3,545. The telecommunications concern, based in Herndon, Va., reported Thursday total revenues for the third quarter 2010 were $85.2 million, a 1.4% increase from total revenues of $83.9 million for the third quarter 2009. Third-quarter 2010 gross profit was$3.5 million, down 6.8% compared with $3.8 million in the third quarter 2009

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

« Older Entries
Newer Entries »