Archive for November, 2010

« Older Entries
Newer Entries »

CMED leaps, RF sells, CBMX capsizes

Wednesday, November 17th, 2010

China Medical Technologies Inc. (NasdaqGS: CMED) saw its price improve 18.52 percent Wednesday to $13.95. Today’s volume was 1,775,545 shares, which trumps its daily average of 235,312. The Beijing-based CMED reported revenues of RMB201.8 million (US$30.2 million) for 2Q FY2010, representing a 21.5% increase from the corresponding period of FY2009. Net loss was RMB2.9 million (US$0.4 million) for 2Q FY2010, representing a 94.1% decrease from the corresponding period of FY2009.

Regions Financial Corp. (NYSE: RF) had an active Wednesday, trading in 49,964,333 shares, nearly triple its three-month daily average. RF shares sank 8.11 percent in price to $5.44. RF serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,800 banking offices and 2,200 ATMs.

CombiMatrix Corporation (NasdaqGM: CBMX) fell in price Wednesday afternoon by 15.65 percent to $2.21. Volume was a scant 27,295 shares, still more than double its three-month daily average. The Irvine, Calif.-based molecular diagnostics company reported last week that revenues for the third quarter of 2010 increased 68 percent to $1.0 million from $603,000 in Q3 2009.

Tags: , , , , , , , ,
Posted in Financial Stocks, Technology Stocks | No Comments »

SIHI climbs, MSFT a hot trader, NPD limps

Wednesday, November 17th, 2010

SinoHub Inc. (AMEX: SIHI) gained 22.09 percent in price Wednesday to $3.04. Today’s volume was 2,531,278 shares, towering over its daily average of 71,867. Last week, the China-based electronics company reported Q3 sales of $55.8 million, a 54.1-percent jump over the prior-year quarter. Gross profit increased 58.1 percent to $10.2 million

Microsoft Inc. (NasdaqGS: MSFT) was among the most active stocks Wednesday, trading in 31,599,424 shares, its three-month daily average is 61,267,300, however. MSFT today announced the general availability of Microsoft Lync, the next generation of communications that connects people in new ways. Lync is a single platform that integrates instant messaging, presence, audio, video, web conferencing and voice to bring people together in the ways they communicate best, with one interface that works with the applications businesses know and use today, including Microsoft Office, Microsoft SharePoint and Microsoft Exchange.

China Nepstar Chain Drugstore (NYSE: NPD) fell in price Wednesday afternoon by 17.1 percent to $3.98. Volume was 1,239,458 shares, more than tripled its three-month daily average of 371,977. NPD reported quarterly results Wednesday, which showed revenue was RMB597 million (US$89 million), reflecting a 7.3-percent increase compared to revenue of RMB556 million in the third quarter of 2009. Income from operations was RMB14 million (US$2 million), compared to a loss of RMB13 million in the second quarter of 2010 and a loss of RMB4 million in the first quarter of 2010

Tags: , , , , , , ,
Posted in Technology Stocks | No Comments »

JGPK hits peak, CMGR moves shares, SPRA spurred back

Wednesday, November 17th, 2010

Jagged Peak Inc. (OTCBB: JGPK) ballooned in price by 471.43 percent Wednesday afternoon to 40 cents. Volume of 4,000 shares trumps JGPK’s 3-month daily average of 1,012.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in 769,140,544 shares Wednesday. Its price moved skyward 333.33 percent to 13-100ths of a cent. CMGR announced today that Camelot Distribution Group has signed a domestic deal for all-media rights with Grindstone Entertainment Group for its action movie “Fink!”, to be released through Lionsgate Home Entertainment in 2011.

Spur Ranch Inc. (OTCBB: SPRA) slid 92 percent in price Wednesday to 10 cents, on volume of 61,667 shares. Austin-based SPRA announced the formation of Spur Ranch Holdings, Inc., a wholly-owned subsidiary of Spur Ranch, Inc. Spur Ranch Holdings, Inc. is an equestrian-themed real estate development company that plans to offer the very finest amenities associated with high-end, exclusive, country club living.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

IDT moves up, CSCO passes volume avg., CRC falls

Wednesday, November 17th, 2010

IDT Corporation (NYSE: IDT) increased 9.69 percent in price Wednesday to $22.18. Volume was 587,063 shares, more than doubling its daily average. IDT is a consumer services company with operations primarily in the telecommunications and energy industries

Cisco Systems Inc. (NasdaqGS: CSCO) Wednesday dealt in 71,003,842 shares, surpassing its three-month daily average of 67,852,400. CSCO shares inched forward 0.69 percent to $19.57. CSCO today announced that it leads in total USGv6 certification for routers, switches and firewalls, aligning with President Barack Obama’s recent directive that all U.S. government agencies upgrade their IT infrastructures in support of Internet Protocol version 6 (IPv6), as the remaining pool of IPv4 addresses shrinks.

Chromcraft Revington Inc. (AMEX: CRC) fell in price Wednesday afternoon by 18.5 percent to $1.63. Volume of 40,675 shares, dwarfed its three-month daily average of 3,592. Tuesday, CRC reported sales of $13,808,000 and a net loss of $1,933,000 for the three months ended October 2, 2010 as compared to sales of $16,030,000 and a net loss of $979,000 for the prior year period.

Tags: , , , , , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

CDTI streaks ahead, LVS sells widely, CARV slumps

Wednesday, November 17th, 2010

Clean Diesel Technologies Inc. (NasdaqCM: CDTI) increased 20.68 percent in price Wednesday to $14.26. Volume was 161,147 shares, compared to its daily average of 44,833. The Ventura, Calif. company is a vertically integrated global manufacturer and distributor of emissions control systems and products, focused in the heavy duty diesel (HDD) and light duty vehicle (LDV) markets.

Las Vegas Sands Corp. (NYSE: LVS) Wednesday dealt in 42,983,170 shares, surpassing its three-month daily average of 32,378,300. LVS shares fell 0.56 percent to $45.97. LVS is a Fortune 500 company and the leading global developer of destination properties (integrated resorts) that feature premium accommodations, world-class gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants, and many other amenities.

Carver Bancorp Inc. (NasdaqGM: CARV) fell in price Wednesday afternoon by 22.27 percent to $2.20. Volume was 12,420 shares, more than double its three-month daily average. CARV is the holding company for Carver Federal Savings Bank.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Financial Stocks, Industrial Stocks | No Comments »

« Older Entries
Newer Entries »