Archive for the ‘Industrial Stocks’ Category

MTZ mounts scale, C sells, ETFC backs off

Thursday, February 24th, 2011

MasTec Inc. (NYSE: MTZ) shares gained 12.8% to $18.02, on share volume of 1.2 million, or double its all-day average, a day after the utility contractor projected full-year earnings that topped market forecasts.

Citigroup Inc. (NYSE: C) dealt in 135 million shares early Thursday, pursuing an all-day average of 551 million. Prices for C faded 0.7% to $4.66.

E-Trade Financial Corp. (Nasdaq: ETFC) shares shed 4.7% to $15.86. Volume was 10.7 million shares, or nearly four times its full-day average, after the online brokerage said its biggest shareholder and bondholder planned to cut its holdings in E-Trade to less than 20%.

NDSN stronger, GE charged up, LL falls

Wednesday, February 23rd, 2011

Nordson Corp. (Nasdaq: NDSN) shares rose 13.1% to $109.12, on share volume of nearly 960,000, or more than four times its average, a day after the manufacturer of precision-dispensing equipment reported a rise in first-quarter profit.

General Electric Company (NYSE: GE) traded Wednesday in 84.1 million shares, surpassing a daily average of 59 million. Prices for GE turned downward 2.2% to $20.37, after announcing it was going to battle rival Siemens to produce a better quality electric-car charger.

Lumber Liquidators Holdings (NYSE: LL) tumbled 10.6% to $24.44 Wednesday, on share volume of more than 1.6 million, nearly five times its daily average, after missing its revenue targets for Q4.

BDCO swims, CSCO busy, FFHL futile

Wednesday, February 23rd, 2011

Blue Dolphin Energy Corp. (Nasdaq: BDCO) galloped 53.8% to $5.75, on share volume of 1.2 million, towering over its daily average of 17,444.

Cisco Systems Inc. (Nasdaq: CSCO) was among the volume leaders Wednesday, trading in 46.8 million shares, pursuing a daily average of 71.6 million. Prices for CSCO settled 1.2% to $18.36.

Fuwei Films Holdings, INC. (Nasdaq: FFHL) faded 24.4% to $4.73 Wednesday, on share volume of more than 370,000, nearly four times its daily average, after the company announced that it received lowest anti-dumping duty (ADD) rate of 30.91%, while the ADD for four other Chinese companies was 36.93%, as the US Department of Commerce began its annual anti-dumping duty review.

HASC hikes, TYRIA active, SECI smacked

Wednesday, February 23rd, 2011

Hasco Medical Inc. (OTCBB: HASC) rocketed higher by 75% Wednesday to 3.5 cents, on share volume of 127,700, compared to an all-day average of 37,701.

Trey Resources Inc. (OTCBB: TYRIA) was among the volume leaders Wednesday morning in the micro-cap field, trading in 73.9 million shares, compared with a daily average of 23 million. Share prices were stagnant, though, at one-100th of a cent. TYRIA consults small and medium-sized businesses.

Sector 10 Inc. (OTCBB: SECI) took a pasting Wednesday, losing 36.4% to seven-10ths of a cent, on share volume of 601,000, contrasted with an average of 438,432, a day after SECI acquired 100% of First Diversified Equities Inc.

GASS cooking, SIRI busy, UFPT underwhelms

Wednesday, February 23rd, 2011

StealthGas, Inc. (Nasdaq: GASS) shares jumped 7% to $7.01, on share volume of 52,000, pursuing a daily average of 72,429, after announcing net income of $11.1 million or $0.51 per share for fiscal 2010.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 17.7 million shares Wednesday, compared to an all-day average of 51.1 million. Prices for SIRI subsided 1.7% to $1.69.

UFP Technologies, Inc. (Nasdaq: UFPT) shares slid 8% to $16.83, on share volume of 171,346, surpassing its daily average of 131,717, after it reported yearly net income of $9.2 million or $1.37 per diluted common share outstanding, 56% higher than net income of $5.9 million or $0.94 per diluted common share outstanding for its 2009 fiscal year.