Archive for January, 2011

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FUQI goes farther, INTC trades widely, LPHI under spotlight

Thursday, January 20th, 2011

Fuqi International Inc. (Nasdaq: FUQI) improved 14 percent Thursday to $5.73. Volume of 1,098,559 shares was a 40-percent boost on its full-day average.

Intel Corp. (Nasdaq: INTC) was a volume leader Thursday, dealing in 37,626,398 shares, short of its full-day average of 55,284,200. Share prices skidded 0.6 percent, however, to $20.89, on word the chip-maker was seen as winning E.U. acceptance for its deal to acquire McAfee.

Life Partners Holdings Inc. (Nasdaq: LPHI) shares peeled off 17.2 percent to $12.45. Volume was 539,205 shares, triple its daily average, on word the company is under investigation by the SEC.

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RPRX jumps, GE busy, WSTL steps back

Thursday, January 20th, 2011

Repros Therapeutics Inc. (Nasdaq: RPRX) moved 13.8 percent higher Thursday to $3.13. Volume of 851,490 shares was catching up on its full-day average of 864,758. RPRX’s Androxal drug, meant to treat men with low testosterone, is in clinical trials this month.

General Electric Company (NYSE: GE) was a volume leader Thursday, dealing in 39,598,546 shares, still shy of its full-day average of 54,691,800. Share prices regained 1.2 percent to $18.55.

Westell Technologies Inc. (Nasdaq: WSTL) shares stumbled 15 percent to $3.00. Volume was 1,212,492 shares, triple its daily average, on word that its quarterly income edged up 7 percent.

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DDS climbs, F steady, GENE fades

Thursday, January 20th, 2011

Dillard’s Inc. (NYSE: DDS) moved 14.8 percent higher Thursday to $43.11. Volume of 5,212,355 shares proved better than five times its full-day average, after the department store chain said it plans to form a wholly-owned real estate investment trust subsidiary to improve its liquidity.

Ford Motor Company (NYSE: F) was a volume leader Thursday, dealing in 70,636,808 shares, closing the gap on its full-day average of 84,309,500. Share prices dipped 1.2 percent to $17.68.

Genetic Technologies Ltd. (Nasdaq: GENE) shares stumbled 22.1 percent to $3.78. Volume was 353,535 shares, more than six times its daily average. GENE is a leading-edge genetic testing business which, together with an extensive range of international patents and allied research activities, aims at uncovering the impact of DNA on health.

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SOYL green, ELCR in gear, SRRL sinks

Thursday, January 20th, 2011

American Soil Technologies Inc. (OTCBB: SOYL) skyrocketed 280 percent to 1.9 cents Thursday. Volume for the stock was 50,750 shares, compared to 16,399, its daily average. SOYL develops, manufactures and markets cutting-edge technology that decreases the need for water and improves the soil in the ‘Green Industry’.

Electric Car Company (OTCBB: ELCR) had an exciting Thursday, trading in 50.2 million shares, compared with 82.3 million shares on average. Prices were flat, though, at one-100th of a cent.

Stellar Resources Ltd. (OTCBB: SRRL) fell in price Thursday by 45 percent to 11 cents. Volume of 25,000 shares nearly tripled its daily average volume.

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MOBI clicks, FITB active, IBCP tumbles

Thursday, January 20th, 2011

Sky-Mobi Limited (Nasdaq: MOBI) shot 12.9 percent higher Thursday to $5.83. Volume of 1,239,238 shares proved better than double its full-day average. MOBI operates the leading mobile application store in China.

Fifth Third Bancorp (Nasdaq: FITB) dealt in 73,558,234 shares, six times its full-day average. Share prices dipped 1.6 percent to $14.38, after revealing it had repaid $1.7 billion to TARP.

Independent Bank Corporation (Nasdaq: IBCP) shares slid 18.5 percent to $2.90. Volume was 677,526 shares, more than double the daily average. IBCP is is a Michigan-based bank holding company with total assets of approximately $2.7 billion.

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