Archive for February, 2011

DBD cashes in, BAC busy, NOK knocked

Monday, February 14th, 2011

Diebold Inc. (NYSE: DBD) shares added 6.4% to $34.91, on volume of 1.2 million shares, or more than triple its daily average, after the ATM manufacturer reported better-than-expected fourth-quarter results.

Bank of America Corporation (NYSE: BAC) traded in 62 million shares Monday, compared to a daily average of 189 million. Share prices inched up 0.5% to $14.84.

Nokia Corp. (NYSE: NOK) shares declined 5.4% to $8.85, on volume of 65.1 million shares, towering over a daily average of 24.2 after the Finnish phone maker announced an alliance with software giant Microsoft Corp. (Nasdaq: MSFT), whose stock fell 0.4% to $27.13.

CLGZ chugs along, TEMN teeming, CYBA bruised

Monday, February 14th, 2011

China Logistics Inc. (OTCBB: CLGZ) shot higher by 620% Monday to 18 cents. Volume topped 2.1 million shares, where it normally would trade around 125,000. The Company is a logistic company specializing in logistical services for car manufacturers, car components, food assortments, chemicals, paper, and machinery in China.

Team Nation Holdings Corp. (OTCBB: TEMN) traded in 96.7 million shares Monday, compared to daily average of 13.6 million. Share prices climbed 38.1% to 29-100ths of a cent, after announcing a one-time adjustment increasing its 2009/2010 revenue by $997,120. The increase will be reflected in the company’s 10k, when filed in accordance with SEC deadlines.

Canyon Bancorp (OTCBB: CYBA) took a nose-dive Monday in price, falling 83.3% to 11 cents, on volume of 38,440 shares, compared to daily average of 2,120. The Bank is a community bank that offers a full complement of convenience-oriented services including ATMs and ATM/debit cards, 24-hour telephone banking, Internet banking, lock box processing, direct payroll and social security deposits.

AAWW jumps, SIRI steady, ENOC bails

Monday, February 14th, 2011

Atlas Air Worldwide Holdings (Nasdaq: AAWW) share prices climbed 16.9% to $65.85. Volume was 773,502, more than three times its all-day volume, after it reported its fourth-quarter earnings increased 47% on improving airfreight demand, especially out of Asia.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 52.6 million shares Monday, compared to a daily average of 72.8 million. Share prices inched up 0.3% to $1.85, one day ahead of the company’s fourth-quarter report. Sirius is slated to release its earnings numbers on Tuesday.

EnerNOC Inc. (Nasdaq: ENOC) faded 12.6% to $17.91 Monday, on volume of 3.6 million shares, or 10 times its all-day volume, as an analyst cut its rating and price target for the company due to a billing issue that may create problems for the energy company.

RLOG proves bargains, CSCO creeps ahead, MOBI moves south

Monday, February 14th, 2011

Rand Logistics Inc. (Nasdaq: RLOG) added 19% to $6.30, on volumes of 103,328 shares, or more than three times its daily average, after reporting quarterly income decreased by $470,000 to $7.9 million from $8.4 million.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 60 million shares early Monday, compared to a daily average of 84.5 million. Share prices increased 1.2% to $18.92.

Sky-Mobi Limited (Nasdaq: MOBI) dove 13.9% to $7.90 Monday, on volume of 1.2 million shares, doubling its all-day volume, after announcing quarterly revenues increased 2.5%. Net profit was RMB184.7 million ($27.7 million U.S.) in third quarter 2011, compared to net loss of RMB27.9 million in third quarter 2010.

HERO strong, C active, FCFL flubs

Monday, February 14th, 2011

Shares of Hercules (Nasadaq: HERO) added 18% to $4.27, on volumes of 8.1 million shares, or three times its daily average, after Seahawk Drilling Inc. (Nasdaq: HAWK), an offshore-oil driller, on Friday filed for bankruptcy protection and said it would sell its assets to rival Hercules. Seahawk Drilling Inc. shares plunged 36.1% to $5.05.

Citigroup Inc. (NYSE: C) traded in 136.9 million shares early Monday, making it among the volume leaders, gaining momentum toward its daily average of 541.5 million. Share prices dipped 0.3% to $4.86, on word the bank is recruiting about 20 new European banking experts.

First Community Bank Corporation (Nasdaq: FCFL) skidded 58.3% to 50 cents Monday, on volume of 434,781 shares, towering over an all-day volume of 6,355, only days after revealing it was being bought by Community Bank of Manatee.