Posted on Monday, February 7th, 2011
Pride International Inc. (NYSE: PDE) shares rose 16.2 per cent to $39.98, on volume of 15.5 million, thumping its two-million-share daily average, on news that the offshore oil driller will be acquired by Ensco PLC (NYSE: ESV) in a cash-and-stock deal worth $41.60 a share. Ensco shares slid 3.8 percent to $52.35.
Sirius XM Radio Inc. (Nasdaq: SIRI) was active Monday, trading in 18.6 million shares, catching up on a daily average of 52.1 million. Share prices added 1.7 percent to $1.79.
Omega Navigation Enterprises Inc. (Nasdaq: ONAV) lost 6.2 percent Monday to $1.06. Volume was 221,053 shares, nearly four times its normal daily average. ONAV is a provider of global marine transportation services focusing on product tankers.
Tags: buzz stocks, Energy Stocks, Industrial Stocks, nasdaq, NYSE, ONAV, PDE, siri, Technology Stocks
Posted in Energy Stocks, Industrial Stocks, Technology Stocks by Glenn | No Comments »
Posted on Monday, February 7th, 2011
Beckman Coulter Inc. (NYSE: BEC) shares gained 9.7 percent to $82.49, on volume of nearly 27 million shares, towering over its average of 1.3 million, after industrial company Danaher Corp. (NYSE: DHR) said it would buy the medical-diagnostics firm in a deal valued at about $6.8 billion. Danaher shares traveled higher 3.5 percent to $49.68.
Citigroup Inc. (NYSE: C) was busy on the markets Monday, trading in 75 million shares, catching up on a daily average of 561 million. Share prices added 0.9 percent to $4.86. C announced that its Global Transaction Services has launched a new module within its TreasuryVision® portal that simplifies how companies manage internal lending relationships between their legal entities.
Dearborn Bancorp Inc. (Nasdaq: DEAR) lost 11 percent Monday to $1.54. Volume for the stock was 165,420 shares, leading its normal daily average of 116,091, after reporting Friday a quarterly loss of $2.4 million, still less than half its loss in the prior-year quarter.
Tags: BEC, buzz stocks, C, DEAR, DHR, Financial Stocks, healthcare, nasdaq, NYSE
Posted in Financial Stocks, Health Care Stocks by Glenn | No Comments »
Posted on Thursday, February 3rd, 2011
Estee Lauder Cos. (NYSE: EL) shares gained 14.8 percent to $92.49, on volume of 4.9 million – or quadruple its daily average, after the cosmetics maker raised its fiscal-year forecast.
Pfizer Inc. (NYSE: PFE) was busy on the markets Thursday, trading in 52.5 million shares, beating out its daily average of 47 million. Share prices marched again 1.4 percent to $19.22, although biotechs in general were flat to downward Thursday.
Furniture Brands International (NYSE: FBN) lost 17.7 percent of its price strength Thursday to $3.78. Volume for the stock was 4.9 million shares, or more than 12 times its normal daily average, after reporting Thursday a net Q4 loss of $44.7 million, still an improvement from the quarterly loss of $65 million it suffered a year earlier.
Tags: Biotech Stocks, buzz stocks, consumer discretionary, EL, FBN, healthcare, NYSE, PFE
Posted in Consumer Discretionary Stocks, Health Care Stocks by Glenn | No Comments »
Posted on Thursday, February 3rd, 2011
Brightpoint Inc. (Nasdaq: CELL) shares moved north 32 percent Thursday to $12.57, on volumes of nearly three million, six times its full-day average, a day after presenting Q4 earnings that beat Street estimates.
Intel Inc. (Nasdaq: INTC) traded in 27.3 million shares Thursday, trailing its all-day average of 55.5 million. Shares for the chipmaker nosed ahead 0.6 percent to $21.50.
Icagen Inc. (Nasdaq: ICGN) got thumped 12.6 percent in price to $3.25 Thursday. Volume was 809,218, besting its daily average of 563,036, after the FDA lifted its hold on ICGN’s epilepsy drug.
Tags: buzz stocks, CELL, consumer discretionary, healthcare, ICGN, INTC, nasdaq, Technology Stocks
Posted in Consumer Discretionary Stocks, Health Care Stocks, Technology Stocks by Glenn | No Comments »
Posted on Thursday, February 3rd, 2011
Cadence Design Systems Inc. (Nasdaq: CDNS) shares rose 7.5 percent to $9.49, on volumes of 10.4 million – more than quadruple its average — after the software maker forecast first-quarter earnings above expectations.
Yahoo! Inc. (Nasdaq: YHOO) dealt in 24.1 million shares Thursday, topping its all-day average of 18.3 million. Prices for YHOO nipped up 1.7 percent to $16.85, after linking up with Zillow on a real-estate site.
Ameriprise Financial Inc. (NYSE: AMP) shares shed 7.1 percent to $58.07, amid volumes of 6.1 million shares, compared to an average of 1.8 million, after the asset manager’s fourth-quarter profit came in below expectations.
Tags: AMP, buzz stocks, CDNS, Financial Stocks, nasdaq, NYSE, technology, Technology Stocks, YHOO
Posted in Financial Stocks, Technology Stocks by Glenn | No Comments »