Archive for the ‘Technology Stocks’ Category

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KNSC climbs, HLWX active, STDR swoons

Monday, March 21st, 2011

Kenergy Scientific Inc. (OTCBB: KNSC) saw its price double Monday morning to two-100ths of a cent, on volume of 51.3 million shares, better than doubling a daily average of 21.3 million. The Flemington, New Jersey-based KNSC was once known as SpeechSwitch Inc.

Helix Wind Corp. (OTCBB: HLXW) was a volume leader among micro-caps early Monday afternoon, dealing in 65.8 million shares, just shy of a daily average of 71.9 million. Share prices for HLWX boosted 11.1% to one-10th of a cent. The Poway, California-based company is into renewable energy.

Standard Drilling Inc. (OTCBB: STDR) saw its shares go south 50% to half a cent Monday, on volume of 41,000 or double its normal share volume.

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TGE shouts, CSCO sells widely, XNPT dips

Monday, March 21st, 2011

TGC Industries Inc. (Nasdaq: TGE) shares soared 14.5% to $7.82, on volume of 603,000 shares, or eight times its daily volume, after Dawson Geophysical Co. (Nasdaq: DWSN) said it would acquire the provider of seismic data to oil and gas producers for about $157 million in stock. DWSN shares advanced 1.1% to $43.00.

Cisco Systems (Nasdaq: CSCO) dealt in 24.7 million shares, catching up rapidly on a daily average of 71.2 million. Share prices gained 1.9% to $17.47.

XenoPort Inc.(Nasdaq: XNPT) shares fell 10.3% to $5.98, on volume of 4.4 million, or nine times its daily volume, after the company said it would halt development of its experimental heartburn treatment.

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CRIS soars, C active, S slips

Monday, March 21st, 2011

Curis Inc. (Nasdaq: CRIS) shares climbed 14% to $3.34, on three million shares, or five times its daily average, after the drug developer and its partner Roche Group announced positive results from a midstage study of their skin-cancer treatment.

Citigroup Inc. (NYSE: C) traded in 263 million shares Monday, closing in on a daily average of 482 million. C announced Monday it will slash the number of common shares outstanding through a 1-for-10 reverse stock split, and reintroduce a dividend

Sprint Nextel Corp. (NYSE: S) shares declined 13.4% to $4.38, on volume of 134 million shares, better than double its daily average of 55 million, a trading day after rival AT&T Inc. (NYSE: T) said it would acquire T-Mobile USA from Deutsche Telekom AG in a $39-billion deal that would make AT&T the largest U.S. wireless carrier.

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FARO fabulous, GE does business, GM profits

Thursday, February 24th, 2011

Faro Technologies Inc. (Nasdaq: FARO) shares rose 17.9% to $35.19, on share volume of 396, 461, or six times its normal daily share volume, after the manufacturer of portable software measuring systems reported fourth-quarter results that exceeded estimates late Wednesday.

General Electric Company (NYSE: GE) was among the volume champions Thursday, dealing in 64.9 million shares, outdistancing a daily average of 59.4 million. Prices for GE forged 1.7% higher at $20.58.

General Motors Co. (NYSE: GM) shares slumped 4.5% to $33.02, on share volume of 63.3 million, more than triple its normal average, after the automaker reported an annual profit of $4.7 billion in 2010, its first annual profit since 2004.

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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.

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