Archive for the ‘Technology Stocks’ Category

ALJ leaps, PFE trades widely, SMSI sinks

Thursday, January 13th, 2011

Alon USA Energy Inc. (NYSE: ALJ) was a gainer on Thursday, picking up 13.3 percent to $7.34. Volume was 524,908, or six times its full-day volume average. Dallas-based ALJ is a controversial refiner and pipeline operator.

Pfizer Inc. (NYSE: PFE) traded in 39,682,127 shares Thursday, making it a volume leader, but still below its daily average of 45,751,100. Prices for PFE fell one percent to $18.19. PFE revealed Thursday and the company and its bankrupt Quigley unit are close to a deal with a group of alleged asbestos victims that would resolve Pfizer’s liability for billions of dollars in potential claims.

Smith Micro Software Inc. (Nasdaq: SMSI) dove 14.5 percent in price to $13.42.Volume for the stock was 2,883,996 shares or nearly six times its full-day average. The company reaffirmed earlier guidance with sales and earnings midpoints well above the average analyst estimate.

BNVI gains, MSFT active, CVVT falls hard

Thursday, January 13th, 2011

Bionovo Inc. (Nasdaq: BNVI) shares jumped 34.9 percent to $1.41 Thursday afternoon. Volume was 666,578, or nearly four times its full-day volume average. BNVI is a pharmaceutical company focused on the discovery and development of safe and effective treatments for women’s health and cancer.

Microsoft Inc. (Nasdaq: MSFT) traded in 53,058,639 shares Thursday, just a shade below its daily average of 57,799,300. Prices for the software maker tailed off 1.5 percent to $28.11.

China Valves Technology Inc. (Nasdaq: CVVT) got beaten up 16.3 percent Thursday to $7.30. Volume for the stock was 2,744,317 shares or more than five times its full-day average. CVVT is a leading Chinese metal valve manufacturer, based in Zhengzhou.

ESLP sunny, FLTT busy, SSLR cloudy

Thursday, January 13th, 2011

Euro Solar Parks Inc. (OTCBB: ESLP) ascended 208.7 percent in price to 71 cents. Volume for the stock was 26,500 shares, compared to a daily average of 4,977. ESLP develops, builds and operates commercial solar power plants with a focus on the European solar energy market.

Flint Telecom Group Inc. (OTCBB: FLTT) dealt in 65.6 million shares Thursday, compared to a daily average of 26.8 million. Prices for the stock plunged, though, by 18.2 percent to nine-100ths of a cent. FLTT is a fast growing Telecoms Technology Organization with a portfolio of companies that deliver next-generation IP communications and prepaid financial Products and Services.

Sunrise Solar Corp. (OTCBB: SSLR) slid in price 90 percent to one-10th of a cent. Volume for the stock was 21,850 shares, nosing out its daily average to 17,039. SSLR intends to commercialize and distribute cutting edge alternative solar energy technologies and equipment.

SSN rises, F gets a jolt, LOOK down

Thursday, January 13th, 2011

Samson Oil and Gas Ltd. (AMEX: SSN) shares gained 22.6 percent to $1.90 early Thursday afternoon. Volume was 3,082,016, or more than five times its full-day volume average. The Australia-based SSN’s principal business is the exploration and development of oil and natural gas properties in the United States

Ford Motor Company (NYSE: F) traded in 65,058,288 shares Thursday, catching up to its daily average of 82,882,200. Prices for the car maker were up 0.6 percent to $18.82. F announced Thursday its Focus Electric will offer an innovative home charging station for customers that delivers several benefits for a convenient and simple experience. The unit was jointly developed with Leviton, a leading North American producer of electrical devices.

LooKSmart Ltd. (Nasdaq: LOOK) fell 13.7 percent Thursday to $1.70. Volume for the stock at 612,508 shares proved 11  times its full-day average. Thursday, LOOK projected fourth-quarter revenues in the range of $9.7 million to $9.9 million, Net income for the fourth quarter of 2010 is expected to be in the range of $0.0 million to $0.1 million.

THLD breaks down door, INTC active, DRWI scorched

Thursday, January 13th, 2011

Threshold Pharmaceuticals Inc. (Nasdaq: THLD) shares gained 16.9 percent to $2.01 Thursday. Volume was 606,335, triple its full-day volume average. THLD is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

Intel Corporation (Nasdaq: INTC) traded in 47,608,915 shares Thursday, catching up to its daily average of 55,807,500. Prices for the chip maker were off 0.3 percent to $21.24.

DragonWave Inc. (Nasdaq: DRWI) fell 15.4 percent Thursday to $7.33 Volume for the stock was 3,399,796 shares proved nearly seven times its full-day average. Wednesday, the Ottawa-based DRWI announced quarterly figures showing revenue of $27.0 million, compared with $51.6 million in the third quarter of fiscal year 2010. Net loss in the third quarter of fiscal year 2011 was $0.05 million, compared to net income of $11.6 million in the prior-year quarter.