Archive for the ‘Industrial Stocks’ Category

Hats off to RHT, C busy, FUL empty

Thursday, March 24th, 2011

Red Hat Inc. (NYSE: RHT) shares rose 16.6% to $46.59 Thursday. Share volume was six million in the first trading hour, or triple its daily average, a day after the software company reported fourth-quarter revenue that beat forecasts.

Citigroup Inc. (NYSE: C) shares were selling to the tune of 83.6 million Thursday, catching up on a full-day average of 486.9 million. Share prices for C dipped 0.3% to $4.39, after announcing it might invest up to $4 billion in consumer businesses next year.

H.B. Fuller Co. (NYSE: FUL) shares fell 3.4% to $20.31, on volume of 251,759 (compared to a full-day average of 337, 240), a day after the manufacturer of adhesives and paints reported a first-quarter profit that missed expectations.

GTLS tops chart, SIRI volume star, GSS loses shine

Thursday, February 24th, 2011

Chart Industries Inc. (Nasdaq: GTLS) shares rose 12.7% to $42.74, on share volume of just over one million, triple its average, after the engineered-equipment maker forecast 2011 results higher than analyst predictions.

Sirius XM Radio Inc. (Nasdaq: SIRI) bought and sold 33.2 million shares Thursday, making it a volume leader, but shy of its daily average of 52.1 million. Prices jumped 1.5% to $1.71.

Golden Star Resources Inc. (AMEX: GSS) prices capitulated 14.8% to $3.34 Thursday, on share volume of 10.7 million or three times its normal average, after announcing Wednesday full-year gold revenues of $432.7 million, up 8% over 2009, and a net loss of $8.3 million or $0.032 per share.

PSGY makes grade, GERS active, BKPG dogs it

Thursday, February 24th, 2011

Princeton Security Technology Inc. (OTCBB: PSGY) was among the truly sparkling micro-caps Thursday, adding 66.7% in price to 20 cents. Volume was 106,000 shares, compared to a daily average of 15,831, a day after receiving new orders for its radiation detection technology.

Greenshift Corp. (OTCBB: GERS) traded in 43.4 million shares, making it a volume leader among small caps, though well below its usual average around 144.7 million. Share prices were flat at two-100ths of a cent.

Bark Group Inc. (OTCBB: BKPG) dipped 36.5% in price Thursday to 1.2 cents. Share volume was 289,600, in contrast to a daily average up around 831,000. BKPG is an innovative integrated U.S. advertising network of marketing companies with a multinational client base.

BW higher, INTC bolts, STS stutters

Thursday, February 24th, 2011

Brush Engineered Materials (NYSE: BW) jumped 22.6% in price to $42.26, on share volume of 351,000, better than triple its all-day average. This, after BW declared quarterly EPS of 61 cents, trouncing estimates of 46 cents, and revenues of $356 million, compared to estimates $305.13 million.

Intel (Nasdaq: INTC) did pretty fair volume Thursday, trading in 27.7 million, nearly half its daily average. INTC shares were flat at to $21.16 after announcing Thunderbolt Technology, a new high-speed PC connection technology that runs at 10Gbps.

Supreme Industries Inc. (AMEX: STS) stumbled in price to 22.2% to $2.45 Thursday, on share volume of 104,000, compared to a measly 8,129 for a daily average, after reporting net sales for the full year, of $220.9 million, up 19% from $186.1 million in 2009.

PPO revs, F rolls off lot, IDCC idles

Thursday, February 24th, 2011

Polypore International Inc (NYSE: PPO) shares climbed 16.8% to $57.85, on share volume of 746,000, already beating an all-day average of 554,000, after the battery-component manufacturer forecast better-than-expected first-quarter earnings late Wednesday.

Ford Motor Company (NYSE: F) proved a volume leader in early trading Thursday, dealing in 36.8 million, nearly half its all-day average of 80.1 million. Prices for F fell 1.5% to $14.64.

InterDigital, Inc. (NASDAQ: IDCC) tumbled 8.2% to $48.76, on share volume of 2.2 million, more than double its daily average, after it announced that its patent holding subsidiaries have previously entered into a worldwide, non-transferable, non-exclusive, royalty-bearing patent license agreement with SII Mobile Communications Inc., a subsidiary of Seiko Holdings Corporation, headquartered in Japan.