Posts Tagged ‘Biotech Stocks’

« Older Entries
Newer Entries »

CHTP jumps, CSCO trades wide, BLTI tumbles

Monday, December 20th, 2010

Chelsea Therapeutics International Ltd. (Nasdaq: CHTP) zoomed higher 19.13 percent in price Monday to $7.16. Volume of 3,471,695 shares better than tripled its full-day average. The Charlotte-based CHTP announced it has completed a pre-NDA assessment with the FDA and intends to accelerate its new drug application (NDA) for NORTHERA™(droxidopa) for the treatment of symptomatic, neurogenic orthostatic hypotension.

Cisco Systems Inc. (Nasdaq: CSCO) was busy early Monday afternoon, trading in 26,465,845 shares, making headway against its daily average of 71,898,900. Share prices for CSCO crept ahead 0.69 percent to $19.68.

BioLase Technology Inc. (Nasdaq: BLTI) fell in price 11.05 percent Monday to $1.69, on volume of 64,212 shares, approaching its full-day average of 78,005. BLTI, based in Irvine, Calif., is the world’s leading dental laser manufacturer and distributor.

Tags: , , , , , , ,
Posted in Health Care Stocks, Technology Stocks | No Comments »

CGEN boosted, GE busy, CERP slides

Thursday, December 16th, 2010

Compugen Ltd. (NasdaqCM: CGEN) prospered 16.32 percent in price Thursday to $4.49. Volume of 488,799 shares swamped its daily average of 76,429 shares. CGEN this week announced that administration of CGEN-15001 in an animal model of rheumatoid arthritis (RA) dramatically ameliorates the clinical symptoms of the disease. These results, combined with earlier results in an animal model of multiple sclerosis (MS), strongly support the therapeutic potential of CGEN-15001 for multiple autoimmune diseases and inflammatory conditions.

General Electric Company (NYSE: GE) was a volume leader Thursday, trading in 52,211,672 shares, falling short of its daily average of 59,748,000. Share prices for GE nipped up 1.60 percent to $17.77. GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30

Cereplast Inc. (NasdaqCM: CERP) fell 10.46 percent Thursday to close at $3.51, on volume of 99,792 shares, better by a half than its daily average. CERP is a leading manufacturer of proprietary bio-based, compostable and sustainable plastics.

Tags: , , , , , , ,
Posted in Consumer Discretionary Stocks, Health Care Stocks, Technology Stocks | No Comments »

ACLS excels, MSFT gains, THLD throttled

Thursday, December 16th, 2010

Axcelis Technologies Inc. (NasdaqGS: ACLS) gained 12.91 percent in price Thursday to $3.41. Volume of 1,723,617 shares nearly doubled its full-day average.  The Mass-based ACLS announced that its IntegraTM ES plasma dry strip system has been selected as the process tool of record by one of the world’s largest semiconductor manufacturers.

Microsoft Corp. (NasdaqGS: MSFT) traded Thursday in 32,635,809 shares, or about half its full-day average. MSFT share prices gained 0.22 per cent, to $27.90. Microsofts’s board of directors Wednesday declared a quarterly dividend of $0.16 per share.

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) lost 10.61 percent Thursday to $1.18. Volume of 236,558 shares more than tripled its full day average. The California-based THLD 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.

Tags: , , , , , ,
Posted in Health Care Stocks, Industrial Stocks, Technology Stocks | No Comments »

ASUR scores, CSCO busy, CLSN steps back

Wednesday, December 15th, 2010

Asure Software Inc (NasdaqCM: ASUR) was a sure winner Wednesday, gaining 13.03 percent in price to $2.95. Volume of 53,579 shares proved 10 times its full-day average. The Austin-based ASUR is a leading provider of workforce management software

Cisco Systems Inc. (NasdaqGS: CSCO) did a brisk business Wednesdy afternoon, trading in 38,063,070 shares, achieving only better than half its full-day average. Share prices stepped back 0.33 per cent, to $19.47. CSCO announced this week it had completed its acquisition of privately held Mass.-based LineSider Technologies, Inc., a leading provider of network management software.

Celsion Corp. (NasdaqCM: CLSN) surrendered 11.38 percent Wednesday afternoon to $2.18. Volume of 384,651 shares quadrupled its full-day average and then some. CLSN is a biotechnology drug development company based in Columbia, Md.

Tags: , , , , , ,
Posted in Health Care Stocks, Technology Stocks | No Comments »

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

Tags: , , , , , , ,
Posted in Financial Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »