Archive for February, 2011

NDSN stronger, GE charged up, LL falls

Wednesday, February 23rd, 2011

Nordson Corp. (Nasdaq: NDSN) shares rose 13.1% to $109.12, on share volume of nearly 960,000, or more than four times its average, a day after the manufacturer of precision-dispensing equipment reported a rise in first-quarter profit.

General Electric Company (NYSE: GE) traded Wednesday in 84.1 million shares, surpassing a daily average of 59 million. Prices for GE turned downward 2.2% to $20.37, after announcing it was going to battle rival Siemens to produce a better quality electric-car charger.

Lumber Liquidators Holdings (NYSE: LL) tumbled 10.6% to $24.44 Wednesday, on share volume of more than 1.6 million, nearly five times its daily average, after missing its revenue targets for Q4.

HLF healthy, MU active, RMTR slumps

Wednesday, February 23rd, 2011

Herbalife Ltd. (NYSE: HLF) shares added 9.8% to $76.71, on share volume of 2.1 million, or nearly five times its average, after the seller of weight-reduction supplements late Tuesday projected a first-quarter profit that beat predictions.

Micron Technology (Nasdaq: MU) traded Wednesday in 52.2 million shares, surpassing a daily average of 36.3 million. Prices for MU faded 3.4% to $10.55

Ramtron International Corporation (Nasdaq: RMTR) capsized 13.7% to $2.20 Wednesday, on share volume of more than 419,000, nearly four times its daily average, a day after announcing quarterly numbers that featured total revenue of $16.1 million, compared with total revenue of $14.4 million for the same quarter last year. Net income for the fourth quarter of 2010 was $471,000, or $0.02 per share, compared with net income of $755,000, or $0.03 per share, in the prior-year quarter.

ROYL a king, HPQ busy, TSON takes beating

Wednesday, February 23rd, 2011

Royale Energy Inc. (Nasdaq: ROYL) increased its share price 46.7% to $3.08, on share volume of 2.4 million, leaving in the dust its daily average of 48,357.

Hewlett-Packard Company (NYSE: HPQ) traded Wednesday in 72.4 million shares, squashing a daily average of 17.3 million. Prices for HPQ skidded 10.5% to $43.17, after the computer company issued a disappointing outlook and quarterly sales figures.

TranS1 Corp. (Nasdaq: TSON) dipped 11.9% to $3.12, on share volume of 202,000, surpassing a daily average around the 158,000 mark, after reporting fourth-quarter revenues at $5.9 million, while net loss per share was around $5.7 million or $0.27 per share.

ELGX excels, INTC moving, IDSA idles

Wednesday, February 23rd, 2011

Endologix Inc. (Nasdaq: ELGX) shares rose 13.6% to $6.25, on share volume topping two million, more six times its average, after the maker of medical devices reported fourth-quarter income that beat Wall Street’s expectations.

Intel Corp. (Nasdaq: INTC) traded Wednesday in 72.2 million shares, surpassing a daily average of 53.3 million. Prices for the chip-maker skidded 2.7% to $21.22.

Industrial Services of America (Nasdaq: IDSA) faded 16.4% to $10.75 Wednesday, on share volume of more than 301,000, quintuple its daily average, after issuing guidance for last year’s fourth quarter, during which revenue is expected to be between $96 and $101 million compared with $37.7 million for the fourth quarter of 2009.

BDCO swims, CSCO busy, FFHL futile

Wednesday, February 23rd, 2011

Blue Dolphin Energy Corp. (Nasdaq: BDCO) galloped 53.8% to $5.75, on share volume of 1.2 million, towering over its daily average of 17,444.

Cisco Systems Inc. (Nasdaq: CSCO) was among the volume leaders Wednesday, trading in 46.8 million shares, pursuing a daily average of 71.6 million. Prices for CSCO settled 1.2% to $18.36.

Fuwei Films Holdings, INC. (Nasdaq: FFHL) faded 24.4% to $4.73 Wednesday, on share volume of more than 370,000, nearly four times its daily average, after the company announced that it received lowest anti-dumping duty (ADD) rate of 30.91%, while the ADD for four other Chinese companies was 36.93%, as the US Department of Commerce began its annual anti-dumping duty review.