Archive for November, 2010

EXMT zooms, CHTL trades widely, ENRJ stalls

Thursday, November 18th, 2010

Anything Technologies Media Inc. (Pink Sheets: EXMT) saw its share price climb 2,508.7% to 12 cents. Volume was a scant 835 shares, however.

China Tel Group Inc. (OTCBB: CHTL) was a volume leader among micro-caps Thursday, trading in 887,279 shares. Shares, though were flat in Thursday trading at 17 cents. CHTL announced Tuesday that it has entered into two related stock subscription and shareholder agreements with Shanghai Ying Yue Network Technology Ltd and Azur Capital under which ChinaTel will control approximately 34,000 km of fiber optic cable that connects all major population centers within the People’s Republic of China (PRC).

Enerjex Resources, Inc. (OTCBB: ENRJ) dipped in price 86.67 percent in early Thursday trading to six cents. Volume was 600 shares.

IRE surges, C widely traded, IIIIU trends downward

Thursday, November 18th, 2010

Bank of Ireland (NYSE: IRE) gained 10.65 percent in price in early trading Thursday to $2.39. Volume of 3,417,273 shares topped its three-month daily average of 3,095,990. The Irish central bank has provided nearly 35 billion euros in exceptional liquidity assistance to its banks as of the end of October, data from the monetary authority showed on Thursday.

Citigroup (NYSE:C) was the volume leader in early Thursday trading, with 62,394,962 shares changing hands, 3-month average daily volume comes in at 476,264,000. Shares gained 1.67 percent Thursday to $4.26.

Information Services Group Inc. (Nasdaq: IIIIU) fell in price early Thursday by 17.4 percent to $3.18. Volume of 82,132 shares.

WSB has banner day, HGSI boosts volume, SOLR sets

Wednesday, November 17th, 2010

WSB Holdings Inc. (NasdaqGM: WSB) gained 19.06 percent in price Wednesday to close at $2.77. Volume of 9,977 shares more than tripled its daily average. Headquartered in the Baltimore-Washington corridor, WSB serves the banking needs of growing businesses with commercial lending facilities, commercial real estate financing, residential mortgages, and residential construction financing for both developers and individual home owners.

Human Genome Sciences Inc. (NasdaqGM: HGSI) was active in Wednesday trading, with volume of 32,900,723, more than 10 times its usual daily volume. HGSI shares faded, however, 5.29 percent in price to $24.51. Tuesday, HGSI and GlaxoSmithKline PLC (GSK) announced that the Arthritis Advisory Committee of the U.S. Food and Drug Administration (FDA) has voted 13 to 2 to recommend that the FDA approve BENLYSTA® (belimumab) for the treatment of autoantibody-positive patients with active systemic lupus erythematosus (SLE).

GT Solar International Inc. (NasdaqGS: SOLR) fell in price Wednesday by 15.38 percent to close at $7.10. Its volume of 10,123,799 shares towered over its three-month daily average of 3,485,580. SOLR is a global provider of polysilicon production technology, and sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets

UCBI triumphs, SIRI among volume leaders, DQ wounded

Wednesday, November 17th, 2010

United Community Banks Inc. (NasdaqGS: UCBI) gained 10.37 percent in price Wednesday to $1.49. UCBI stock traded in 3,128,377 shares, nearly quadrupling its daily average. Headquartered in Blairsville, Ga., UCBI is the third-largest bank holding company in the state, with assets of $7.0 billion. It operates 27 community banks with 106 banking offices throughout north Georgia, the Atlanta region, coastal Georgia, western North Carolina and east Tennessee.

Sirius XM Radio Inc. (NasdaqGS: SIRI) was active in Wednesday trading, with volume of 39,654,072, albeit just better than half of its three-month average daily volume of 75,176,000. SIRI shares fell back 1.46 percent to greet the closing bell Wednesday at $1.35. The satellite radio provider announced Wednesday announces “Sound of Change,” an initiative designed to generate awareness, action and funds for designated charitable causes on a year-round basis. The initiative officially launches on November 20, as several of SIRIUS XM’s music, talk and sports channels will participate in WhyHunger’s 25th annual Hungerthon campaign featuring live and on-line auctions of rare memorabilia and experiences donated by popular musicians, athletes and celebrities.

DAQO New Energy Corp. (NYSE: DQ) fell in price Wednesday afternoon by 16.39 percent to close at $11.19. Its volume of 1,644,379 shares, still more than double its three-month daily average. Tuesday, the Chinese-based polysilicon manufacturer reported third-quarter net revenues were $63.2 million, an increase of 20.5% from the second quarter of 2010, and 108.5% year-over-year. Net income was $17.7 million, an increase of 50.8% from the second quarter of 2010, and 207.6% increase year-over-year.

CHS chugs along, INTC among volume kings, TKMR thumped

Wednesday, November 17th, 2010

Chico’s Fas, Inc. (NYSE: CHS) prospered 9.41 percent in price Wednesday to $11.02. Volume was 10,782,229 shares, more than doubling its daily average of 4,519,330. CHS, based in Fort Myers, Fla., Wednesday reported third-quarter net income of $28.8 million, or $0.16 per diluted share, for the third quarter compared to net income of $22.7 million, or $0.13 per diluted share, for last year’s third quarter.

Intel Inc. (NasdaqGS: INTC) had an active Wednesday, trading in 33,245,903 shares, though less than half of its three-month daily average of 68,021,700. The software giant’s shares lost 0.28 percent worth of steam in Wednesday trading to $21.01 just half an hour before the closing bell. INTC announced Wednesday that it has inked a letter of intent with China’s homegrown auto electronics enterprise Hangsheng to jointly set up an auto electronics laboratory,

Tekmira Pharmaceuticals Inc. (NasdaqCM: TKMR) fell in price Wednesday afternoon by 17.02 percent to $5.80. Its volume of 34,300 shares was still nearly double TKMR’s three-month daily average. The Vancouver-based in RNA interference therapeutics announced Monday third-quarter financials, featuring net loss of $2.7 million ($0.26 per common share) as compared to a net loss of $2.8 million ($0.27 per common share) for Q3 2009.