Posted on Monday, January 31st, 2011
Callon Petroleum Company (NYSE: CPE) shares galloped 13.3 percent to $8.72, on volume of 680,235 shares, or 50 percent more than its daily average, after a recent poll predicting the Miss.-based CPE would outperform the S&P 500 going forward.
Bank of America Corp. (NYSE: BAC) dealt in 57.3 million shares, rapidly catching up on a daily volume of 87.7 million. Prices improved 1.1 percent to $13.75, on news that BAC is appealing a Nevada judge’s order that blocked 8,900 foreclosures in the state.
Talbots Inc. (NYSE: TLB) shares were off 6.7 percent to $5.57 on volume of seven million shares, compared to a daily average of four million.
Tags: bac, buzz stocks, consumer discretionary, CPE, Energy Stocks, Financial Stocks, NYSE, TLB
Posted in Consumer Discretionary Stocks, Energy Stocks, Financial Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
Videolocity International Inc. (Pink Sheets: VCTY) came in with a price of 18-100th of a cent Monday morning, 38.5 percent better than its Friday close, on 54.9 million shares, about six times its usual daily volume. VCTY through its subsidiaries, operates as a Chinese management education and consulting firm in the People’s Republic of China.
Electric Car Company (OTCBB: ELCR) carried volume of 42.4 million shares, compared to a daily average of 84.2 million. Share prices were flat at one-100th of a cent.
China Crescent Enterprises Inc. (OTCBB: CCTR) tumbled 11.1 percent Monday to 16-100ths of a cent, on volume of 67.8 million shares, compared to a full-day average of 62.3 million.
Tags: CCTR, china stocks, consumer discretionary, ELCR, Penny Stocks, pink sheets, small cap stocks, Technology Stocks, VCTY
Posted in Consumer Discretionary Stocks, Technology Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
NPS Pharmaceuticals Inc. (Nasdaq: NPSP) shares climbed 28.9 percent to $9.91, on volume of 4.1 million shares, or more than eight times its daily average, after it said a study yielded positive results on its drug candidate for a rare bowel condition.
Ford Motor Company (NYSE: F) was a volume leader Monday, trading in 61.3 million shares, rapidly catching up on a daily volume of 87.7 million. Prices, however, dipped one percent to $16.10, after Credit Suisse trimmed its price target by following the company’s 4Q10 earnings miss.
Alpha Natural Resources Inc. (NYSE: ANR) shares were off 7.3% to $53.70 on news over the weekend that it will acquire coal producer Massey Energy Co. (NYSE: MEE). Volume for ANR was 18.2 million shares, more than six times normal.
Tags: ANR, buzz stocks, consumer discretionary, Energy Stocks, F, healthcare, nasdaq, NPSP, NYSE
Posted in Consumer Discretionary Stocks, Energy Stocks, Health Care Stocks by Glenn | No Comments »
Posted on Monday, January 31st, 2011
Depomed Inc. (Nasdaq: DEPO) shares gained 30 percent to $8.11, on volume of 5.5 million shares, more than five times what it would trade during an average day, after the drug developer said late Friday that regulators approved its marketing of its treatment for shingles.
Citigroup Inc. (NYSE: C) held its usual place atop the volume ladder Monday, trading in 95.2 million shares. Its daily volume averages around 551 million. Share prices were up 1.4 percent at $4.76, after a portfolio manager for the Artio Global Equity Fund said the run in C shares is far from over.
Champion Industries Inc. (Nasdaq: CHMP) lost a bit of its grip early Monday, tumbling 7.8 percent to $1.78, on volume of 30,111 or nearly twice its full-day average, only days after reporting better results for 2010’s full year and last quarter. The West Virginia-based company announced net income of $0.5 million or $0.05 per share on a basic and diluted basis for the year ended October 31, 2010 compared to a net loss of $(27.5) million or $(2.76) per share on a basic and diluted basis for the year ended October 31, 2009.
Tags: buzz stocks, C, CHMP, DEPO, Financial Stocks, healthcare, nasdaq, NYSE
Posted in Financial Stocks, Health Care Stocks by Glenn | No Comments »
Posted on Thursday, January 27th, 2011
Rite Aid Corporation (NYSE: RAD) shares hiked 15.5 percent to $1.27. Volume was 26.2 million shares, swamping its usual share volume of 3.7 million, after reporting positive January same-store sales figures.
AT &T Inc. (NYSE: T) traded in 58.2 million shares Thursday, compared to a daily average of 24.2 million. Share prices for T eased 2.1 percent to $28.13, after noticing a 60-percent drop in Q4 net income.
Media General Inc. (NYSE: MEG) shares descended 9.1 percent to close Thursday at $5.20. Volume was 219,543 shares outdistanced its daily average of 169,017. MEG reported lower Q4 earnings as print ads declined.
Tags: buzz stocks, consumer discretionary, MEG, NYSE, RAD, T, Technology Stocks
Posted in Consumer Discretionary Stocks, Technology Stocks by Glenn | No Comments »
