ITT is it, GE active, CPF falters

ITT Corp. (NYSE: ITT) shares gained 13.9% to $60.10 Wednesday after the defense contractor said it would split into three separate publicly traded companies. Volume of 14,510,255 overwhelmed a full-day average of 1,262,170.

General Electric Company (NYSE: GE) traded in 31,018,867 shares Wednesday, just better than half its all-day average of 57,041,400. Prices for GE were flat at $18.64. Wednesday, GE Intelligent Platforms announced the PCIE-5565PIORC low profile PCI Express reflective memory node card

Central Pacific Financial Corp. (NYSE: CPF) fell 8.2 percent Wednesday to $2.25. Volume for the stock was 924,167 shares or nearly 4 1/2 times its daily average, only a day after double-digit stock gains.

Tags: CPF, Financial Stocks, GE, Industrial Stocks, ITT, NYSE, Technology Stocks

This entry was posted on Wednesday, January 12th, 2011 at 1:41 pm by Glenn and is filed under Financial Stocks, Industrial Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.