Posts Tagged ‘amex’

ZBB zips along, PFE has healthy volume, ICGN downward

Thursday, January 20th, 2011

ZBB Energy Corporation (AMEX: ZBB) gained 14.8 percent Thursday to $1.24, on volume of 1,384,173 shares, more than four times its full-day average, after signing lucrative contracts in China.

Pfizer Inc. (NYSE: PFE) dealt in 43,708,033 shares, to within a few aces of its full-day average of 45,414,700. Share prices were flat at $18.27

Icagen Inc. (Nasdaq: ICGN) dipped 17 percent to $2.44. Volume was 1,761,812 shares, four times its daily average.

CT gallops, CSCO active, KUN mum

Thursday, January 20th, 2011

Capital Trust Inc. (NYSE: CT) improved 16.8 percent Thursday to $2.16 Volume of 329,904 shares bested its full-day average of 138,500. CT is a real estate finance and investment management company that specializes in credit sensitive structured financial products.

Cisco Systems Inc. (Nasdaq: CSCO) dealt in 44,648,109 shares, short of its full-day average of 69,622,200. Share prices were flat at $20.84.

China Shenghuo Pharmaceutical (AMEX: KUN) dipped 21.6 percent to $1.38. Volume was 262,948 shares, four times its daily average. When approached to comment on this unusual market activity, KUN told reporters that is not its policy to discuss activity.

GENT far from spent, F steady, SHZ sheds

Wednesday, January 19th, 2011

Gentium SpA (Nasdaq: GENT) rocketed up 14.1 percent to $8.99 Wednesday afternoon. Volume of 154,050 shares proved four times its full-day average. Italian-based GENT is a biopharmaceutical company focused on the development and manufacture of drugs to treat and prevent a variety of diseases and conditions.

Ford Motor Company (NYSE: F) was among the top traders Wednesday, dealing in 59,850,360 shares, making headway on its full-day average of 83,462,800. Prices for F fell 4.5 percent, though, to $17.86.

China Shen Zhou Mining and Resources (AMEX: SHZ) settled in price 18.3 percent Wednesday to $6.63. Volume was 5,817,660 shares, surpassed its aevrage daily volume of 3,876,320. Wednesday, SHZ announced that it has entered into a securities purchase agreement with several institutional investors for a registered direct placement of approximately $20 million of common stock at a price of $7.05 per share.

LEE leaps, MRK trades widely, MCZ struggles

Tuesday, January 18th, 2011

Lee Enterprises Inc. (NYSE: LEE) leaped 14.9 percent in price to $3.31. Volume was 808,866, or better than twice its full-day volume average, on reports the company enjoyed 38-percent better ad revenue in its first fiscal quarter.

Merck & Company Inc. (NYSE: MRK) was active Tuesday, dealing in 36,816,766 shares Thursday, better than twice its full-day average. Share prices were off, though, 0.8 percent to $33.95. Merck is teaming up with Ariad Pharmaceuticals on a drug to target cancerous tumors of the soft tissue or bone.

Mad Catz Interactive Inc. (AMEX: MCZ) skidded 16.5 percent to 96 cents, while volume for the stock was 2,819,600 shares, more than four times its all-day average. MCZ designs, manufactures, markets, and distributes accessories for videogame platforms, personal computers (PC), and iPod and other audio devices.

ARIA leaps, BAC busy, HDY takes beating

Tuesday, January 18th, 2011

Ariad Pharmaceuticals Inc. (Nasdaq: ARIA) prospered 30.5 percent in price to $6.85. Volume was 10,153,861, or six times its full-day volume average, amid generally positive news in the drug sector.

Bank of America Corp. (NYSE: BAC) was an active trader Tuesday, dealing in 126,455,431 shares Thursday, compared to a full-day average of 228,170,000. Share prices were off, though, two percent to $14.95.

Hyperdynamics Corporation (AMEX: HDY) fell 16.9 percent Tuesday to $5.95. Volume for the stock was 7,220,720 shares, nearly five times its all-day average. Even so, experts point out that the shares are up more than an astonishing 500% over the past six months