HP a champion, F makes deals, MUR dips on numbers

Posted on Thursday, January 27th, 2011

Helmerich & Payne Inc. (NYSE: HP) shares rose 9.8% to $56.80. Volume was four million shares, overwhelming an average of 1.1 million. The Tulsa energy-drilling company reported fiscal first-quarter earnings surged 65 percent, beating analysts’ expectations.

Ford Motor Company (NYSE: F) traded in 51 million shares Thursday, compared to a daily average of 83.7 million. Share prices gained 2.3 percent to $18.80. Ford will post its fourth-quarter results early Friday, and Wall Street is looking for the auto maker to boast its biggest annual profit since the turn of the century.

Murphy Oil Corporation (NYSE: MUR) shares ditched 10.2 percent to $65.77. Volume was 9.5 million shares, proving more than six times its daily average. MUR had an earnings call scheduled for earlier this afternoon.


PLD is a pro, GE shows sparks, XNY fades

Posted on Thursday, January 27th, 2011

ProLogis (NYSE: PLD) shares tacked on 7.4% to $15.79, on volume of 26.3 million, or four times its normal volume. The real-estate-investment trust is in talks to merge in an all-stock transaction, with AMB Property Corp.

General Electric (NYSE: GE) traded in 54.1 million shares Thursday, compared to a daily average of 59 million. Share prices gained 1.8 percent to $20.28.

China Xiniya Fashion Limited (NYSE: XNY) shares dropped 10.3 percent to $5.81. Volume was 616,609 shares, doubling its daily average.


Lively VIVK, WLSI alive and well, REVO in reverse

Posted on Thursday, January 27th, 2011

Vivakor Inc (OTCBB: VIVK) was among the stars of the micro-cap set Thursday, tacking on 185.7 percent in price to a penny. The stock dealt in 98.8 million shares, in contrast with a usual daily volume of 1.8 million. VIVK announced today that it has received an Letter of Intent for $3 Million in investment capital from a private investment group. The financing is to be used for strategic acquisitions and working capital for the combined businesses.

Wellstar International Inc. (OTCBB: WLSI) dealt in 98.1 million shares Thursday, making it among the leaders for volume in micro-caps. Normal daily volume is 61.5 million. Share prices were flat, though, at one-100th of a cent.

Revolutionary Concepts Inc (OTCBB: REVO) moved down 73.3 percent Thursday to 16 cents, on volume of 37,910 shares. Normal daily average is 6,724 shares. REVO is a development stage company focused on the design and development of the Eye Talk Communicator.


CCME jumps, YHOO busy, GHL red

Posted on Thursday, January 27th, 2011

China MediaExpress Holdings (Nasdaq: CCME) shares leaped 16 percent to $22.69. Volume was 4.3 million shares, compared to an average of 1.3 million, on speculation the company could be subject to a massive short squeeze after short sellers have piled into the stock assuming the company is a fraud.

Yahoo Inc. (Nasdaq: YHOO) traded in 28.1 million shares Thursday, compared to a daily average of 17.4 million. Share prices gained 4.2 percent to $16.22

Greenhill (NYSE: GHL) shares dropped 10.1 percent to $73.75. Volume was 1.3 million shares, towering over its daily average of 183,502, on weak Q4 profit.


TER takes off, NOK connected, MMI drops

Posted on Thursday, January 27th, 2011

Teradyne Inc. (NYSE: TER) shares soared 11.2 percent to $16.27. Volume for TER was 13.8 million shares, better by more than twice its 5.8-million average, after the maker of semiconductor-testing equipment said its fourth-quarter profit more than tripled and gave an upbeat first-quarter forecast.

Nokia Corporation (NYSE: NOK) traded in 41.8 million shares Thursday, more than doubling daily average. Share prices slid, however, 1.2 percent to $10.60, as the company reported a 16-percent drop in fourth-quarter profit and offered a weak outlook.

Motorola Mobility Holdings Inc. (NYSE: MMI) shares dipped 11.7 percent to $30.70. Volume was 7.2 million shares, double its daily average, after the wireless-handset maker posted in-line fourth-quarter earnings but noted weaker-than-expected sales of some handsets.