Posts Tagged ‘BBX’

BBX takes flight, MU solid, ACUR drubbed

Wednesday, December 22nd, 2010

BankAtlantic Bancorp, Inc. (NYSE: BBX) propelled itself higher 15.24 percent in price Wednesday to $1.21. Volume of 3,957,107 shares was more than six times its daily average, as BBX joined lots of regional banks in popping in price Wednesday.

Micron Technology Inc. (Nasdaq: MU) traded in 31,662,200 shares Wednesday, closing in against its daily average of 33,146,500. Prices for MU inched up 1.6 percent to $8.27. MU was set to announce first fiscal-quarter earnings after the closing bell.

Acura Pharmaceuticals Inc. (Nasdaq: ACUR) took it on the chin Wednesday, losing 12.8 percent in price Wednesday to $3.27, on volume of 410,363 shares, or 11 times its full-day average. ACUR is a specialty pharmaceutical company out of Palatine, Illinois.

BASI soars, MI probed, BBX stumbles

Monday, December 20th, 2010

Bioanalytical Systems Inc. (Nasdaq: BASI) celebrated a hike of 23.97 percent in price Monday to $3.31. Volume of 193,397 shares overwhelmed its full-day average of 8,971. Indiana-based BASi is a pharmaceutical development services company providing contract research services and instruments and supplies to the world’s leading drug development companies and medical research organizations.

Marshall & Ilsley Corp. (NYSE: MI) traded in 33,286,748 shares Monday, more than doubling its daily average of 14,042,100. Share prices for MI skidded 3.65 percent, however, to $6.61. MI’s board of directors is under investigation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Marshall & Ilsley to BMO Financial Group in a transaction with a value of approximately $4.1 billion.

BankAtlantic Bancorp, Inc. (NYSE: BBX) found itself downward in price, 10.76 percent Monday to $1.41, on volume of 2,579,650 shares, or more than five times its full-day average. BBX is one of the largest financial institutions headquartered in Florida.