Posts Tagged ‘buzz stocks’

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ADAT gains, SIRI tunes in, CYH under pressure

Monday, April 11th, 2011

Authentidate Holding Corp. (Nasdaq: ADAT) shares shot forward 22.2% to 88 cents, on volume of nearly 532,000 shares, compared to an average of just under 120,000, after it announced that it has been selected by the Department of Veteran Affairs (VA) as a supplier for its Telehealth Program, already one of the largest in the world.

Sirius XM Radio Inc. (Nasdaq: SIRI) made its presence felt Monday afternoon, dealing in 24.9 million shares, compared to a daily average of 54.2 million. Share prices improved 2% to $1.80.

Community Health Services Inc. (NYSE: CYH) skidded 32.4% to $27.26 Monday, on share volume of 25.7 million, triumphing over a daily average of 1.3 million, on word the company was being sued by Tenet Healthcare.

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

GLBC flies, C steady, ADES ails

Monday, April 11th, 2011

Global Crossing Ltd. (Nasdaq: GLBC) shares surged 60.4% to $23.74, on volume of close to seven million shares, overwhelming a daily average around 146,000, after Internet infrastructure provider Level 3 Communications Inc. (Nasdaq: LVLT) said it would acquire its smaller rival..

Citigroup Inc. (NYSE: C) was a volume champion in early trading Monday morning on Wall Street, dealing in 94.5 million shares, compared to 478.8 million. Share prices were off 0.6% to $4.54, after announcing C was putting its European headquarters on the market for $1.6 billion.

ADA-ES Inc. (Nasdaq: ADES) swooned 38% Monday morning to $13.68, on volume of 335,700 shares, compared to regular volume of 52,729, after an arbitration panel ordered ADES to $38 million to Norit Americas for breach of contract.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »

LB living large, SIRI masterful, GD groggy

Monday, April 4th, 2011

LaBarge Inc. (AMEX: LB) shares rose 9.1% to $19.02 a piece, on volume of 1.9 million shares, dwarfing a daily average of less than 35,000. This, after Ducommun Inc. (NYSE: DCO) said it would buy the electronic manufacturing-services company for $19.25 a share. Ducommun shares improved 3.9% to $25.00.

Sirius XM Radio Inc. (Nasdaq: SIRI) saw 25.9 million of its shares change hands, trailing its daily average of 54 million. Prices inched up 2.7% to $1.70, after announcing today it would provide live radio coverage of this week’s Masters Golf Tournament from Augusta, Ga.

General Dynamics Corp. (NYSE: GD) shares fell 5.7% to $73.00, on volume of 9.7 million shares, far surpassing its daily average of 1.9 million. This, after a unit of the defense contractor said four employees died Saturday when an aircraft crashed during a test flight.

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EPIC excels, CSCO flat, OVTI thumped

Monday, April 4th, 2011

Epicor Software Corp. (Nasdaq: EPIC) shares climbed 11.3% to $12.51, on volume of 11 million shares, routing its daily average of 274,000, after the business supplier agreed to be acquired in a deal worth about $976 million.

Cisco Systems Inc. (Nasdaq: CSCO) dealt in 41.2 million shares Monday, compared to a 73.1-million-share average. Prices were flat, though, at $17.03. Shares of video conferencing products maker Radvision (see previous blog) are down $1.69, or 14%, at $10.27 after the company this morning cut its Q1 outlook, saying that revenue from Cisco Systems is coming in much lower than expected, at about $2 million versus $5 million expected.

OmniVision Technologies Inc. (Nasdaq: OVTI) shares slid 8.6% to $33.09, on volume of 7.5 million shares, or triple its daily average, on worries it might be replaced as Apple Inc.(Nasdaq: AAPL) image-sensor supplier in the next version of the iPhone. Apple shares dipped 1.4% to $339.70.

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OXGN moves up, F trades widely, LUV grounded

Monday, April 4th, 2011

Oxigene Inc. (Nasdaq:OXGN) shares advanced 6.5% to $1.82, on volume of 165,014, nosing out its all-day average of 134,773, after it announced the presentation of positive preclinical data supporting development of its novel, non-peptidic cathepsin L inhibitors as anticancer agents.

Ford Motor Company (NYSE: F) was a volume champion early Monday afternoon, trading in 59.4 million shares, although shy of its full-day average of 90 million. Prices for F were up 3% to $15.61, on word its CEO Alan Mulally was to receive the Edison Achievement Award, at a ceremony in New York on Tuesday.

Southwest Airlines Co. (NYSE: LUV) was among the more notable stocks losing ground in Monday trading, its shares shedding 2.5% to $12.35, on 8.3 million shares – just nosing out its daily average — after the carrier said Sunday that two planes were found to have cracks like those in a plane that developed a hole in flight on Friday.

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

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