Posts Tagged ‘bac’

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ZOOM takes off, BAC busy, EMKR loses traction

Wednesday, December 22nd, 2010

Zoom Technologies Inc. (Nasdaq: ZOOM) hiked 37.07 percent in price Wednesday to $5.25. Volume of 4,118,839 shares blew its daily average of 167,512 out of the water. Zoom Technologies is a holding company with subsidiaries that engage in the manufacturing, research and development, and sale of electronic and telecommunication products for the latest generation mobile phones.

Bank of America Corp. (NYSE: BAC) traded in 122,766,272 shares, catching up to its daily average of 214,627,000. Share prices gained 3.35 percent by noon to $13.41.

EMCORE Corp. (Nasdaq: EMKR) fell 20.13 percent in price Wednesday to $1.27, on volume of 3,157,836 shares, nearly four times its full-day average. The Albuquerque-based EMKR is a leading provider of compound semiconductor-based components.

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WSP goes skyward , BAC active, MGIC heads south

Monday, December 20th, 2010

WSP Holdings Limited (NYSE: WH) moved higher 33.65 percent in price Monday to $1.39. Volume of 2,025,559 shares proved about 20 times its full-day average, as the Chinese drilling pipe manufacturer said its subsidiary received about $91.8 million in new orders.

Bank of America Corp. (NYSE: BAC) was a volume leader Monday, trading in 61,883,919 shares, making progress against its daily average of 214,418,000. Share prices for BAC inched 0.84 percent up to $12.68. AEGON USA Realty Advisors, LLC and Bank of America Merrill Lynch today announced that they have entered into a formal agreement in which BofA Merrill Lynch will utilize AEGON’s commercial real estate lending expertise and significant industry relationships to source new lending opportunities.

Magic Software Enterprises Ltd. (Nasdaq: MGIC) took a header in price, 11.80 percent Monday to $6.74, on volume of 1,908,951 shares, or more than triple its full-day average. The Israeli global provider of cloud and on-premise enabled application platform and business integration solutions today announced that it entered into definitive agreements, to sell securities to institutional investors in a private placement for aggregate gross proceeds of approximately $21.2 million.

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OCZ takes off, BAC busy, RGS misfires

Thursday, December 16th, 2010

OCZ Technology Group Inc (NasdaqCM: OCZ) gained 16.55 percent in price Thursday to $4.79. Volume of 3,360,842 shares trampled its full-day average of 187,183. San Jose-based OCZ, a leading provider of high-performance solid-state drives (SSDs) and memory modules for computing devices and systems, today announced that certain shareholders of OCZ Technology Group, Inc. have signed definitive agreements with various institutional and accredited investors for the sale of OCZ common stock. OCZ will not receive any of the proceeds of such sale.

Bank of America Corp. (NYSE: BAC) traded Thursday in 135,742,489 shares, catching up on its daily average of 211,203,000. BAC share prices gained 3.13 per cent, to $12.68.

Regis Corp. (NYSE: RGS) reversed 10.31 percent Thursday to $16.44. Volume of 3,063,146 shares more than tripled its full day average. RGS is the global leader in the $150-$170-billion hair care industry.

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THLD jumps, BAC active, SYX slumps

Wednesday, December 15th, 2010

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) vaulted 21.05 percent Wednesday noon to $1.38. Volume of 1,028,078 left its full-day average of 34, 640 in the dust. THLD, based in Redwood City, Calif., is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

Bank of America Corp. (NYSE: BAC) was among the volume leaders Wednesday noon, trading in 57,485,230 shares, nearing its full-day average of 210,883,000. Share prices improved 0.7 per cent, to $12.48. U.S. equities are the primary beneficiary of the continuing upswing in global investor sentiment, according to the BofA Merrill Lynch Survey of Fund Managers for December. A net 44 percent of the respondents predict the world’s economy to strengthen in 2011, compared to 35 percent a month earlier.

SYSTEMAX INC. (NYSE: SYX) ) fell 4.96 percent in Wednesday morning trading to $12.45. Volume of 116,067 shares better than doubled its full-day average. The Company sells personal computers, computer components and supplies, consumer electronics and industrial products

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RES revved up, BAC solid, LCI wobbles

Monday, December 13th, 2010

RPC Inc. (NYSE: RES) spiked 50.21 percent Monday to $21.11. Volume was 675,973 shares, just above pulling even with its normal daily average. The Atlanta-based RES provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies engaged in the exploration, production and development of oil and gas properties throughout the U.S.

Bank of America Corp. (NYSE: BAC) took its place among the volume leaders mid-morning Monday, trading in 63,254,656 shares, compared to its normal daily average of 209,350,000. BAC’s price inched back 0.16 percent to $12.78. Bank of America Merrill Lynch today announced that it has launched electronic FX options trading capabilities for institutional and corporate clients.

Lannett Co. Inc. (AMEX: LCI) dipped in price 13.28 percent to $5.21 soon after Monday’s opening. Volume was 74,742 shares, compared to a full-day average of 51,394. LCI develops, manufactures, packages, markets and distributes generic pharmaceutical products for a wide range of indications.

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