Archive for the ‘Technology Stocks’ Category

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PCLN beams up, CSCO deals, SLXP sliced and diced

Thursday, February 24th, 2011

Priceline.com Inc. (Nasdaq: PCLN) shares were up 7.1% to $456.11, on share volume of 2.9 million shares, or three times its average, a day after the online travel-booking service said its fourth-quarter net income rose 73%.

Cisco Systems Inc. (Nasdaq: CSCO) was among volume leaders Thursday, particularly among tech stocks, by trading in 30.6 million shares, nearly half its all-day average of 71.9 million. Prices for CSCO were flat at $18.39

Salix Pharmaceuticals Inc. (Nasdaq: SLXP) stumbled in price to 22.8% to $32.01 Thursday, on share volume of 8.9 million, more than 10 times its daily average, after the Raleigh company said that the FDA wasn’t ready to approve one of its drug candidates without more information.

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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.

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MXC jumping, YHOO busy, SBAY subdued

Wednesday, February 23rd, 2011

Mexco Energy Corporation (AMEX: MXC) shares surged 37.7% to $12.74, on share volume of more than 428,000 shares, compared to a daily average around 2,800.

Yahoo! Inc. (Nasdaq: YHOO) traded Wednesday in 34.6 million shares, nearly doubling its daily average. Prices for YHOO inched back 1.9% to $16.58, amid speculation in some circles that the stock is trading at half of what it should be.

Subaye Inc. (Nasdaq: SBAY) subtracted 12.2% to $7.20 Wednesday, on share volume of nearly 179,000, beating its daily average of about 129,000, a day after announcing it would need more time to file its quarterly results with the SEC.

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SYNO ticks upward, NVDA flies off shelves, BWEN windblown

Wednesday, February 23rd, 2011

Synovis Life Technologies Inc. (Nasdaq: SYNO) shares were up 10.5% to $18.38, on share volume of more than 154,000 shares, or better than five times its average, after the medical-equipment maker on Wednesday reported first-quarter profit that topped estimates.

Nvidia Corporation (Nasdaq: NVDA) traded Wednesday in 37.2 million shares, besting a daily average of 26.5 million. Prices for NVDA eased 4.7% to $22.11

Broadwind Energy Inc. (Nasdaq: BWEN) subtracted 12.4% to $1.55 Wednesday, on share volume of nearly 1.6 million, beating its daily average of about 893,000.

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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.

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