Posts Tagged ‘amex’

PCE pops, PAL steady, QBC reverses

Thursday, January 13th, 2011

Pacific Office Properties Trust. (AMEX: PCE) shares ballooned 75.5 percent to $3.58 early Thursday afternoon. Volume was 674,108, or more than 33 times its full-day volume average, after saying it will no longer attempt an initial public offering on the New York Stock Exchange.

North American Palladium Inc. (AMEX: PAL) traded in 5,700,732 shares Thursday, nearly doubling its daily average of 3,334,090. Prices for were up 2.6 percent to $7.38. Toronto-based PAL is a precious metals company focused on growing its production of palladium and gold in mining-friendly jurisdictions.

Cubic Energy Inc. (AMEX: QBC) fell 6.9 percent Thursday to $1.08. Volume for the stock was 192,919 shares besting its full-day average of 141,700. QBC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.

SSN rises, F gets a jolt, LOOK down

Thursday, January 13th, 2011

Samson Oil and Gas Ltd. (AMEX: SSN) shares gained 22.6 percent to $1.90 early Thursday afternoon. Volume was 3,082,016, or more than five times its full-day volume average. The Australia-based SSN’s principal business is the exploration and development of oil and natural gas properties in the United States

Ford Motor Company (NYSE: F) traded in 65,058,288 shares Thursday, catching up to its daily average of 82,882,200. Prices for the car maker were up 0.6 percent to $18.82. F announced Thursday its Focus Electric will offer an innovative home charging station for customers that delivers several benefits for a convenient and simple experience. The unit was jointly developed with Leviton, a leading North American producer of electrical devices.

LooKSmart Ltd. (Nasdaq: LOOK) fell 13.7 percent Thursday to $1.70. Volume for the stock at 612,508 shares proved 11  times its full-day average. Thursday, LOOK projected fourth-quarter revenues in the range of $9.7 million to $9.9 million, Net income for the fourth quarter of 2010 is expected to be in the range of $0.0 million to $0.1 million.

BIOD, MU climb, YMI stalls

Thursday, January 13th, 2011

Biodel Inc. (Nasdaq; BIOD) shares gained 29.6 percent to $2.51 Thursday. Volume was 5,866,108, nearly six times its full-day volume average. The company is expected to issue a corporate update today, to include detailed information about the development of follow-on formulations of its lead product Linjeta.

Micron Technology Inc. (Nasdaq: MU) traded in 44,726,493 shares Thursday, better by half its daily average. Prices for MU were up by 4.34 percent to $9.74, after a Baird analyst upgraded the memory chip maker citing stabilizing prices and a strong outlook for NAND flash memory chips.

YMI BioSciences Inc. (AMEX: YMI) fell 16.3 percent Thursday to $2.21 Volume for the stock was 836,963 shares, better than twice its full-day average. The Canadian-based YMI is a drug development company advancing three clinical-stage products.

BRN gains momentum, MSFT has good volume, FRBK loses air

Wednesday, January 12th, 2011

Barnwell Industries Inc. (AMEX: BRN) shares gained 23.6% to $7.50 Wednesday. Volume of 183,617 shares dwarfed its full-day average of 9,411. Barnwell engages in oil and natural gas exploration, development, production and sales in Canada.

Microsoft Inc. (Nasdaq: MSFT) traded in 42,033,218 shares Wednesday, approaching its daily average of 57,414,000. Prices for MSFT nudged ahead 1.2 percent to $28.45.

Republic First Bancorp. (Nasdaq: FRBK) fell 8 percent Wednesday to $2.75 Volume for the stock was 132,273 shares, or about 2 1/2 its daily average. FRBK is a full-service, state-chartered commercial bank with offices and branches throughout Pennsylvania and New Jersey.

CRMD takes wing, NVDA dizzy, RFMI turfs

Wednesday, January 12th, 2011

CorMedix Inc. (AMEX: CRMD) shares gained 20.5% to $2.14 Wednesday. Volume of 157,948 proved nine times its full-day average. CRMD is a pharmaceutical company that seeks to in-license, develop and commercialize therapeutic products for the prevention and treatment of cardiac and renal dysfunction.

NVIDIA Corporation (Nasdaq: NVDA) traded in 57,205,492 shares Wednesday, nearly tripling its daily average. Prices for NVDA leapt 12.5 percent to $22.85. The chip maker’s stock is now up more than 100% over the past three months amid upbeat analyst reviews of its recent initiatives, particularly in the tablet and smart phone markets.

RF Monolithics, Inc. (Nasdaq: RFMI) fell 5.7 percent Wednesday to $1.82 Volume for the stock was 252,129 shares or more than eight times its daily average. Tuesday, the Dallas-based RFMI reported quarterly net income of $160,000 or $0.01 per share.