Posts Tagged ‘buzz stocks’

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CAK soars, LVLT basks, YUII ails

Wednesday, April 13th, 2011

CAMAC Energy Inc. (AMEX: CAK) was a surprise victor among market movers Wednesday, gaining 51.8% in price to $2.08. Volume was 6.1 million shares, or 12 times its normal full-day average.

Level 3 Communications Inc. (Nasdaq: LVLT) proved one of the most popular movers on Wall Street Wednesday, trading in 39.4 million shares, or twice its full-day average. Prices for the stock inched ahead 0.6% to $1.68, a day after announcing it was buying Global Crossing for $3 billion.

Yuhi International Inc. (Nasdaq: YUII) took a slip Wednesday, docking its price by 18.6% to $5.42, on 447,000 shares, compared to normal volume around 92,600.

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Posted in Consumer Staples Stocks, Energy Stocks, Technology Stocks | No Comments »

RVBD flows, BAC solid, CPF swoons

Wednesday, April 13th, 2011

Riverbed Technology Inc. (Nasdaq: RVBD) shares rose 12.8% to $34.88, on volume of 12.3 million shares, compared to a daily average of 5.4 million, a day after the maker of computer-networking products projected first-quarter earnings above expectations.

Bank of America Corp. (NYSE: BAC) traded in 69.2 million shares, catching up on its daily average of 152.5 million. Prices slid 1.2% to $13.31, amid a general retreat among bank stocks.

Central Pacific Financial Corp. (NYSE: CPF) dipped 21.2% in price to $15.05 early Wednesday afternoon. Volume of 219,000 shares quadrupled its daily average.

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Posted in Financial Stocks, Technology Stocks | No Comments »

GRM vaults, C busy, INVE falls

Wednesday, April 13th, 2011

Graham Packaging Co. (NYSE: GRM) shares climbed 25.7% to $21.01, on volume of 10.6 million shares, dwarfing a daily average around 437,000, after Silgan Holdings Inc. (Nasdaq: SLGN) said it would acquire its rival supplier of consumer-goods packing products in a deal worth roughly $4.1 billion, including debt. Shares of Silgan gained 12.4% to $41.38.

Citigroup Inc. (NYSE: C) was a volume behemoth on Wednesday, trading in 178.1 million shares, compared to a daily average of 477.1 million, at prices of $4.49, down 1.3% from Tuesday’s close.

Identive Group Inc. (Nasdaq: INVE) took a nose dive in Wednesday, losing 30.1% to $3.98, on volume of 13.1 million shares, well above its daily average of 624,000.

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Posted in Consumer Discretionary Stocks, Financial Stocks, Technology Stocks | No Comments »

TSTY tasty, YHOO steady, CIGX less than stellar

Monday, April 11th, 2011

Tasty Baking Co. (Nasdaq: TSTY) shares jumped to 146% to $3.96 after Flowers Food Inc. (NYSE: FLO) said it would pay $4 a share, or $34.4 million, for the packaged-sweets manufacturer. Flowers shares grew 2% to $28.21.

Yahoo Inc. (Nasdaq: YHOO) outdistanced its daily average of 22.6 million shares by trading Monday in 25.6 million. Prices faded, though, 1.5% to $16.52.

Star Scientific, Inc. (Nasdaq: CIGX) dropped sharply in price Monday by 16.6% to $3.36. Volume of seven million nearly doubled its daily average.

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Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

BIIB big, INTC popular, TDSC bruised

Monday, April 11th, 2011

Biogen Idec Inc. (Nasdaq: BIIB) shares climbed 7% to $78.44. Volume for the stock was 4.9 million, trumping its daily average of 1.8 million, after the biotechnology company said its experimental multiple-sclerosis drug showed promising results in two late-stage studies.

Intel Corp. (Nasdaq: INTC) was a busy company Monday, trading in 31.7 million shares, still short of its daily average of 59.8 million. Share prices for the chips-maker nipped up 0.3% to $20.07, after the company said its new processor for tablets is now available, as it tries to break into the fast-growing mobile market dominated by designs based on rival ARM Holdings PLC’s architecture.

3D Systems Corporation (Nasdaq: TDSC) took a 10.5% tumble in price Monday afternoon to $50.60, on volume of 1.2 million shares, far above its daily average of 247,000.

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

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