Posts Tagged ‘BORN’

BORN kicks higher, MGM has high volume, BPI falters

Monday, January 10th, 2011

China New Borun Corp. (NYSE: BORN) shares rose 11.6% to close at $12.02 Monday. Volume for the stock was 874,687 shares, falling short of its full-day average of 1,119,340. BORN is a leading producer and distributor of corn-based edible alcohol in China.

MGM Resorts International (NYSE: MGM) traded in 42,584,466 shares Monday, inching by its daily average of 36,782,900. Prices for MGM faded 0.1 percent to $16.33. Tuesday, MGM will launch M life (, a loyalty program that leverages the combined power of its resorts in Las Vegas, Mississippi and Detroit.

Bridgepoint Education Inc. (NYSE: BPI) fell 8.7 percent Monday to $16.08. Volume for the stock of 946,302 shares more than doubled its daily average. BPI was among a host of education-based stocks that lost ground Monday.

BORN soars in price, INTC big seller, UQM sinks

Thursday, November 18th, 2010

China New Borun Corporation (NYSE: BORN) saw a spike in price of 11.8 percent in Thursday afternoon trade to $12.41 Volume of 903,056 shares is to within sight of its daily average of 1,246,800 shares. The Beijing-based producer and distributor of corn-based edible alcohol in China, this week announced third-quarter revenue increased 26.1 percent to RMB417.7 million ($62.3 million U.S.) from RMB331.1 million in the third quarter of 2009. Gross profit increased 31.2 percent to RMB100.9 million ($15.1 million).

Intel Corp. (NasdaqGS: INTC) traded in 48,084,401 shares Thursday afternoon, approaching its usual daily volume of 67,954,000 shares. Shares of the chipmaker fell back 0.38 percent to $21.00. The company announced its storage division has recently added new major wins with five storage vendors, illustrating the company’s momentum around developing advanced integrated storage features and capabilities.

UQM Technologies Inc. (AMEX: UQM) fell in price Thursday by 3.81 percent to $2.02. Volume of 224,907 shares was still shy of UQM’s usual daily volume of 281, 265 shares. The Colorado-based UQM develops of alternative energy technologies.