Archive for January, 2011

WG wild and good, PFE popular, CPF reacts to proposed split

Monday, January 24th, 2011

Willbros Group Inc.(NYSE: WG) shares rose 15.2% to $11.47 Monday. Volume for the stock was 1.4 million, swallowing up a full-day average of 579,364, after Johnson Rice hiked its view of the oil-industry contractor to overweight from equal-weight.

Pfizer (Nasdaq: PFE) dealt in 36.8 million shares Monday, just shy of its full-day average of 45.4 million. Share prices were up 0.3 percent to $18.42, after Mylan Inc. said Monday it is now shipping a generic version of Pfizer Inc.’s heartburn drug Protonix.

Central Pacific Financial Corporation (NYSE: CPF) went south 10.6 percent to $1.61 Monday. Volume for the stock was 584,318 shares, doubling its daily average, after Friday letting out word of plans for a reverse stock split.

NEI stronger, NWSA into heavy trading, JTX taxed

Monday, January 24th, 2011

Network Engines Inc. (Nasdaq: NEI) shares muscled 21.8 percent higher to $2.18, on 1.5 million shares, routing a daily average of 373,698. The Canton, Mass.-based provider of server-based application platforms, appliances and lifecycle support services will be reporting financial numbers this Thursday.

News Corporation (Nasdaq: NWSA) dealt in 28.3 million shares Monday, more than double its full-day average . Share prices picked up 2.5 percent to $15.70.

Jackson Hewitt Tax Services (NYSE: JTX) let go of 11.6 percent to $1.52 Monday. Volume for the stock was 1.7 million shares, beating its daily average of 1.2 million. New Jersey-based JTX last week launched a new product. MyTaxManager is a free online tax management tool and one-stop personalized Web destination that gives consumers a secure, centralized home for a range of tax-related documents and information.

NVGN leaps, MU active, MCOX in doldrums

Monday, January 24th, 2011

Novogen Limited (Nasdaq: NVGN) shares accelerated 41.1 percent to $1.58, on 1.8 million shares, overwhelming a daily average of 42,778. Australia-based NVGN has a consumer healthcare business, providing research and development services to its 71.3-per-cent-owned subsidiary, Marshall Edwards, Inc.

Micron Technology Inc. (Nasdaq: MU) dealt in 48 million shares Monday, more than 50 percent better than its full-day average of 32.3 million. Share prices improved 1.9 percent to $10.02. Over the past 12 months, Micron Technology generated $2,483 million cash on net income of $1,801 million.

Mecox Lane Limited (Nasdaq: MCOX) sagged 9.6 percent to $5.56 Monday. Volume for the stock was 335,728 shares, rearing behind its daily average of 823,049, as the days wound down toward the deadline for plaintiff action in its upcoming lawsuit.

OCCF eye-popping, F busy, GENE falling

Monday, January 24th, 2011

Optical Cable Corporation (Nasdaq: OCCF) shares gathered 41.9% to $5.25, on 534,791 shares, overwhelming a daily average of 10,781, on word that quarterly earnings increased 47.9 percent to $7.2 million over the prior-year quarter.

Ford Motor Company (NYSE: F) dealt in 26.8 million shares Monday, still trailing its full-day average of 84.3 million. Share prices subsided 0.5 percent to $17.87, on word the carmaker was about to sell $1.137 billion of bonds backed by automotive debt.

Genetic Technologies Inc. (Nasdaq: GENE) jettisoned 10.8 percent to $3.65 Monday. Volume for the stock was 220,041 shares, or triple its daily average.

TRBX in gear, GERS grows, JAVO down

Monday, January 24th, 2011

TRB Systems International Inc. (OTCBB: TRBX) vaulted in price Monday afternoon by 96.7 percent to 2.95 cents. Volume for the stock was 50,000, just shy of its daily average of 56,031. TRBX was established to produce and market bicycle, fitness and motorized two-wheel transportation products.

Greenshift Corporation (OTCBB: GERS) traded in 461.8 million shares Monday, in contrast with a daily average of 62.6 million. Share prices doubled to two-100ths of a cent, after U.S. Patent and Trademark Office issued a Notice of Allowance for GreenShift’s corn oil refining process.

Javo Beverage Company Inc (OTCBB: JAVO) sank in price 69.7 percent to 42-100ths of a cent Monday, on volume of 8.1 million shares, dwarfing its daily average of 446,709, on word the company was filing for Chapter 11.