CPE gains, BAC busy, TAL goes south

Posted on Monday, January 31st, 2011

Callon Petroleum Company (NYSE: CPE) shares galloped 13.3 percent to $8.72, on volume of 680,235 shares, or 50 percent more than its daily average, after a recent poll predicting the Miss.-based CPE would outperform the S&P 500 going forward.

Bank of America Corp. (NYSE: BAC) dealt in 57.3 million shares, rapidly catching up on a daily volume of 87.7 million. Prices improved 1.1 percent to $13.75, on news that BAC is appealing a Nevada judge’s order that blocked 8,900 foreclosures in the state.

Talbots Inc. (NYSE: TLB) shares were off 6.7 percent to $5.57 on volume of seven million shares, compared to a daily average of four million.

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