Archive for January, 2011

HAUP hops, C jumping, PSUN sets

Thursday, January 6th, 2011

Hauppage Digital Inc. (Nasdaq: HAUP) rushed ahead 34.2 percent in price Thurday to $3.18. Volume of 3,586,458 shares overwhelmed its daily average of 256,305. The world’s leading developer and manufacturer of TV tuner products for personal computers launched its new Colossus internal PCI Express board capable of recording component video and unencrypted HDMI video at up to 1080i from sources such as the Xbox360 and digital SLR cameras.

Citigroup Inc. (NYSE: C) was busy Thursday, trading in 343,135,504 shares, catching up on a full-day average of 541,733,000. Prices for the stock gained 0.3 percent to $4.99.

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) faltered 15 percent to $4.65 on volume of 752,638 shares, catching up on its daily average of 986,812. Pacific announced that its quarter-to-date same-store sales through January 1, 2011 declined 7%. The Company’s fourth quarter and fiscal year ends on January 29, 2011.

NLS flexes muscle, PFE trades widely, CHGS fades

Wednesday, January 5th, 2011

Nautilus Inc. (NYSE: NLS) galloped ahead 23.4 percent in price Wednesday to $2.32. Volume of 594,877 shares nearly tripled its daily average. Headquartered in Vancouver, Wash., NLS is a fitness products company providing innovative, quality solutions to help people achieve a healthy lifestyle.

Pfizer Inc. (NYSE: PFE) was busy Wednesday, trading in 62,394,395 shares, beating by half its daily average. Prices for the stock gained 0.7 percent to $18.11.

China Gengsheng Minerals Inc. (AMEX: CHGS) dropped 14.9 percent Wednesday to $3.72, on volume of 6,463,930 shares, 4 1/2 times its daily average. CHGS, a leading China-based high-tech industrial materials manufacturer, today announced that it has entered into definitive agreements with several institutional investors for a registered direct placement of 2,500,000 shares of common stock at a price of $4.00 per share for gross proceeds of $10 million.

STLY steams along, INTC has high volume, ARSD falls

Wednesday, January 5th, 2011

Stanley Furniture Company Inc. (Nasdaq: STLY) soared 30.5 percent in price Wednesday to $4.49. Volume was 614,486 shares, trounced its normal all-day average of 43,612. STLY is a leading designer and manufacturer of wood furniture targeted at the premium price range of the residential market.

Intel Corp. (Nasdaq: INTC) was a volume leader Wednesday, trading in 49,231,123 shares, even so, INTC trailed its daily average of 54,447,500. Prices for the stock slid 0.9 percent to $20.97. INTC introduced its game-changing 2nd Generation Intel® Core™ processor family today at a press conference at the Consumer Electronics Show.

Arabian American Development Company (Nasdaq: ARSD) dropped 7.8 percent Wednesday to $4.61, on volume of 106,085 shares, more than five times its full-day average. ARSD owns and operates a petrochemical facility located in southeast Texas just north of Beaumont which specializes in high purity petrochemical solvents and other solvent type manufacturing.

VG clicks, S sprints, FDO bogs down

Wednesday, January 5th, 2011

Vonage Holdings Corp. (NYSE: VG) soared 17 percent in price Wednesday to $2.69. Volume for VG was 11,214,128 shares, more than its all-day average, as the company said that it added 6,000 lines in the most recent quarter — the first quarterly gain in subscribers in more than two years.

Sprint Nextel Corporation (NYSE: S) was a volume leader Wednesday, trading in 61,162,329 shares, or about 10 percent more than its daily average. Prices for the stock gained 4.5 percent to $4.65. The third-largest U.S. wireless carrier refused to purchase debt form Clearwire Corp. (Nasdaq: CLWR), which is running a risk of defaulting its loan agreements. Sprint shares rose on this news.

Family Dollar Stores Inc. (NYSE: FDO) dropped 8.4 percent Wednesday to $45.17, on volume of 8,908,228 shares, nearly five times its full-day average. FDO said that its fiscal first-quarter profit climbed 10 percent as more shoppers came to its stores to purchase items like candy and food.

DEXO surges, CSCO selling, MTSN falters

Wednesday, January 5th, 2011

Dex One Corporation (NYSE: DEXO) climbed 13.5 percent in price Wednesday to $8.75. Volume of 950,282 shares surpassed its all-day average of 621,472. The marketing consulting firm helps local businesses reach, win and keep ready-to-buy customers.

Cisco Systems Inc. (Nasdaq: CSCO) was a volume whiz Wednesday, trading in 50,051,376 shares, still below its daily average of 70,740,300. Prices for the stock gained 1.2 percent to $20.76. CSCO has a news conference planned for today in Las Vegas, during which it will make an announcement regarding its role in helping service providers and content providers meet the challenges and opportunities presented by the convergence of pay TV, online and on-demand video.

Mattson Technology Inc. (Nasdaq: MTSN) dropped 10.2 percent Wednesday to $2.30, on volume of 3,698,718 shares, nearly seven times its full-day average. MTSN, based in Fremont, Calif., is a leading supplier of advanced process equipment used to manufacture semiconductors.