Archive for the ‘Technology Stocks’ Category

HLF healthy, MU active, RMTR slumps

Wednesday, February 23rd, 2011

Herbalife Ltd. (NYSE: HLF) shares added 9.8% to $76.71, on share volume of 2.1 million, or nearly five times its average, after the seller of weight-reduction supplements late Tuesday projected a first-quarter profit that beat predictions.

Micron Technology (Nasdaq: MU) traded Wednesday in 52.2 million shares, surpassing a daily average of 36.3 million. Prices for MU faded 3.4% to $10.55

Ramtron International Corporation (Nasdaq: RMTR) capsized 13.7% to $2.20 Wednesday, on share volume of more than 419,000, nearly four times its daily average, a day after announcing quarterly numbers that featured total revenue of $16.1 million, compared with total revenue of $14.4 million for the same quarter last year. Net income for the fourth quarter of 2010 was $471,000, or $0.02 per share, compared with net income of $755,000, or $0.03 per share, in the prior-year quarter.

ROYL a king, HPQ busy, TSON takes beating

Wednesday, February 23rd, 2011

Royale Energy Inc. (Nasdaq: ROYL) increased its share price 46.7% to $3.08, on share volume of 2.4 million, leaving in the dust its daily average of 48,357.

Hewlett-Packard Company (NYSE: HPQ) traded Wednesday in 72.4 million shares, squashing a daily average of 17.3 million. Prices for HPQ skidded 10.5% to $43.17, after the computer company issued a disappointing outlook and quarterly sales figures.

TranS1 Corp. (Nasdaq: TSON) dipped 11.9% to $3.12, on share volume of 202,000, surpassing a daily average around the 158,000 mark, after reporting fourth-quarter revenues at $5.9 million, while net loss per share was around $5.7 million or $0.27 per share.

ELGX excels, INTC moving, IDSA idles

Wednesday, February 23rd, 2011

Endologix Inc. (Nasdaq: ELGX) shares rose 13.6% to $6.25, on share volume topping two million, more six times its average, after the maker of medical devices reported fourth-quarter income that beat Wall Street’s expectations.

Intel Corp. (Nasdaq: INTC) traded Wednesday in 72.2 million shares, surpassing a daily average of 53.3 million. Prices for the chip-maker skidded 2.7% to $21.22.

Industrial Services of America (Nasdaq: IDSA) faded 16.4% to $10.75 Wednesday, on share volume of more than 301,000, quintuple its daily average, after issuing guidance for last year’s fourth quarter, during which revenue is expected to be between $96 and $101 million compared with $37.7 million for the fourth quarter of 2009.

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.

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.