Archive for December, 2010

« Older Entries
Newer Entries »

CGEN boosted, GE busy, CERP slides

Thursday, December 16th, 2010

Compugen Ltd. (NasdaqCM: CGEN) prospered 16.32 percent in price Thursday to $4.49. Volume of 488,799 shares swamped its daily average of 76,429 shares. CGEN this week announced that administration of CGEN-15001 in an animal model of rheumatoid arthritis (RA) dramatically ameliorates the clinical symptoms of the disease. These results, combined with earlier results in an animal model of multiple sclerosis (MS), strongly support the therapeutic potential of CGEN-15001 for multiple autoimmune diseases and inflammatory conditions.

General Electric Company (NYSE: GE) was a volume leader Thursday, trading in 52,211,672 shares, falling short of its daily average of 59,748,000. Share prices for GE nipped up 1.60 percent to $17.77. GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30

Cereplast Inc. (NasdaqCM: CERP) fell 10.46 percent Thursday to close at $3.51, on volume of 99,792 shares, better by a half than its daily average. CERP is a leading manufacturer of proprietary bio-based, compostable and sustainable plastics.

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

CBSO skyrockets, CGFIA sells widely, HSYT bruised

Thursday, December 16th, 2010

CommunitySouth Financial Corp. (OTCBB: CBSO) watched its stock travel to the stratosphere, gaining 200 percent to 15 cents shortly before Thursday’s closing. Volume was 31,030 shares, overwhelming its usual share volume of 4,969. The Easley, S.C.-based CBSO is the parent company of CommunitySouth Bank & Trust.

Colorado Goldfields Inc. (OTCBB: CGFIA) saw its shares fly off the shelves Thursday, trading in 292.88 million shares, compared to a daily average of 59.16 million. Share prices scaled back 50 percent, however, to one-10th of a cent. CGFIA is a Denver-based junior exploration and mining company primarily exploring for gold and silver.

Home System Group (OTCBB: HSYT) dipped 55 percent to $1.26 Thursday, on volume of 16,380 shares, compared to usual volume of 1,981. HSYT is a Chinese – based manufacturer of a variety of household appliances sold by large retailers.

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

JADE sings, CGR sells, V sued

Thursday, December 16th, 2010

LJ International Inc. (NasdaqGM: JADE) prospered 13.88 percent in price Thursday to $4.02. Volume of 942,250 shares nosed out its full-day average of 643,849 shares. The Hong Kong-based JADE is engaged in the designing, branding, marketing and distribution of a full range of jewelry

Claude Resources, Inc. (AMEX: CGR) blew its volume average out of the water Thursday, trading in 1,935,525 shares, quadrupling what it normally exchanges in a day. Share prices for CGR chugged ahead 17.42 percent to $2.09, after announcing positive results from sampling in excess of 22,000 metres of drill core from a total of 278 historic drill holes on the 13,900 hectare Amisk Gold Property in Manitoba.

Visa Inc. (NYSE: V) fell 12.63 percent Thursday to $67.22, on volume of 19,014,157 shares that quadrupled its daily average, on word of a lawsuit by the Canadian Competition Bureau.

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

WGO travels, LVS flexes muscle, CEU sued

Thursday, December 16th, 2010

Winnebago Industries, Inc. (NYSE: WGO) zoomed up 13.94 percent in price Thursday to $14.91. Volume of 1,661,360 shares triumphed over its full-day average of 285,609 shares. The motor home giant Thursday announced quarterly results. Revenues for the first quarter of Fiscal 2011 ended November 27, 2010 were $123.7 million, an increase of 52.7 percent, versus $81.0 million for the first quarter of Fiscal 2010. The Company reported an operating profit of $4.9 million for the quarter, versus an operating loss of $6.0 million for the first quarter of Fiscal 2010.

Las Vegas Sands Corp. (NYSE: LVS) was a volume leader Thursday, trading in 41,953,024 shares, surpassing its full-day average shortly before 3 p.m. ET. LVS share prices gained 6.27 per cent, to $44.92. LVS said Thursday it expects Vegas group room-rates to rise at least 10% by 2012.

China Education Alliance, Inc. (NYSE: CEU) gave back 7.57 percent Thursday to $2.32, on volume of 335,933 shares were about half its full day average of 620,807. The drop comes amid news that a class action securities fraud lawsuit has been filed in the United States District Court for the Central District of California on behalf of purchasers of CEU common stock between March 31, 2009 and November 29, 2010

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

BWOW wows, CSCO busy, LPHI steps back

Thursday, December 16th, 2010

Wowjoint Holdings Ltd. (NasdaqGS: BWOW) ballooned 44.44 percent in price Thursday to $3.77. Volume of 60,600 shares proved 20 times its full-day average. The Beijing-based BWOW is a leading provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction

Cisco Systems Inc. (NasdaqGS: CSCO) traded Thursday in 36,433,475 shares, or about half its full-day average. CSCO share prices gained 1.23 per cent, to $19.71.

Life Partners Holdings Inc (NasdaqGS: LPHI) tumbles 15.79 percent Thursday to $16.75, on volume of 291,687 shares, dwarfing its full day average of 85,703. LPHI, the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, announced earlier this month a five-for-four split in its common stock.

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

« Older Entries
Newer Entries »