Posted on Wednesday, February 2nd, 2011
Acme Packet Inc. (Nasdaq: APKT) shares were up 16.3% to $65.03, on volume of 3.8 million, better than twice its full-day average, after the maker of transmission devices for telecommunications late Tuesday reported fourth-quarter earnings that beat expectations and hiked its 2011 outlook.
Citigroup Inc. (NYSE: C) traded in 99.7 million shares, catching up on its daily average volume of 566 million. Prices for the stock dipped 0.7 percent to $4.87, after seizing control of music’s EMI Group.
JDA Software Group Inc (Nasdaq: JDAS) shares plunged 6 percent to $29.05, on volume of 769,205 shares, or double its daily average, after the maker of software used by retailers late Tuesday forecast 2011 revenue below Wall Street’s expectations.
Tags: APKT, buzz stocks, C, Financial Stocks, JDAS, nasdaq, NYSE, Technology Stocks
Posted in Financial Stocks, Technology Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
Thomas & Betts Corp. (NYSE: TNB) shares gained 8.7% to $51.38, on volume of 1.5 million shares, triumphing over its daily average of 323,268, after the electrical component manufacturer reported fourth-quarter profit that beat expectations.
Cisco Systems Inc. (Nasdaq: CSCO) traded in 36.6 million shares, barely half its daily volume of 73.3 million. Prices for the stock increased 1.1 percent to $21.15, after learning CSCO and Ecototality were teaming up on a new electric car charging mechanism.
China MediaExpress Holdings (Nasdaq: CCME) shares plunged 14.5 percent to $17.84, on volume of 7.2 million shares, more than five times its daily average, after Citron Research opined the stock was “too good to be true.”
Tags: CCME, china stocks, communications, consumer discretionary, CSCO, Technology Stocks, TNB
Posted in Technology Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
Shelron Group Inc. (OTCBB: SRNG) surged an incredible 900 percent late Monday to 2.5 cents. Volume for the stock was 40,920 shares, compared to a daily average of 12,527. SLNG is a company that develops and markets e-commerce advertising and comparative shopping software products and services.
Juniper Group Inc. (OTCBB: JUNP) was a volume leader among micro-caps Monday, buying and selling in 49.8 million shares, or nearly seven times its usual daily average. JUNP specializes in the wireless infrastructure service industry.
Marketing Worldwide Corp. (OTCBB: MWWC) halved its price Monday to two cents, on volume of 50,000 shares, more than double usual volume of 24,000. Michigan-based MWWC is a global automotive firm providing design and engineering services and manufacturing of accessories to many of the world’s leading automotive manufacturers.
Tags: communications, JUNP, MWWC, otcbb, SRNG, Technology Stocks
Posted in Industrial Stocks, Technology Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
Orexigen Therapeutics Inc. (Nasdaq: OREX) shares were up 8.4 percent to $9.02, on volume of 4.9 million, towering over a daily average of 2.8 million, as a regulatory decision was expected Monday on its diet pill.
Micron Technology Inc. (Nasdaq: MU) traded in 26.9 million shares, trailing its daily volume of 35.8 million. Prices for the stock increased 1.5 percent to $10.53, after Sterne Agee & Leach raised its price target to $17 from $12. Sterne continues to rate MU at Buy.
First Federal Bancshares of Ark (Nasdaq: FFBH) shares fell 12.2 percent to $2.15, on volume of 123,318 shares, eight times its daily average. The small southwestern bank announced a recapitalization plan that will allow an investment group to buy up to $55 million of common stock, diluting shareholders.
Tags: FFBH, Financial Stocks, healthcare, MU, nasdaq, orex, Technology Stocks
Posted in Financial Stocks, Health Care Stocks, Technology Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
Masimo Corp. (Nasdaq: MASI) shares advanced 9.1 percent to $30.09, on volume of 2.2 million shares, or four times its usual daily average, after the medical-technology firm extended a royalty agreement with Covidien PLC.
Microsoft Corporation (Nasdaq: MSFT) traded in 46.9 million shares, trailing its daily volume of 60.7 million. Prices were flat at $27.66.
Rediff.com India (Nasdaq: REDF) shares fell 11.5 percent to $6.24, on volume of 788,347 shares, falling behind its daily average of 859,473.
Tags: healthcare, MASI, msft, nasdaq, REDF, Technology Stocks
Posted in Health Care Stocks, Technology Stocks by Glenn | No Comments »
