Posts Tagged ‘buzz stocks’

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MSSR gets a bite, INTC softens, RVSN stumbles

Monday, April 4th, 2011

McCormick & Schmick’s Seafood Restaurants, Inc. (Nasdaq: MSSR) shares gained 29.2% to $9.20, on volume of 515,736 shares, overwhelming an average of 78,167, after Landry Restaurant Inc.’s chief executive said he planned to launch a hostile bid for the restaurant chain.

Intel Corp. (Nasdaq: INTC) traded in 25.1 million shares before the lunch break Monday, compared to a daily average of 61.4 million. Share prices were down 1.6% to $19.42, after its estimates were reduced at Sterne, who assigned a buy rating and $28 price target.

RADVision Ltd. (Nasdaq: RVSN) shares plummeted 12% to $10.53, on volume of 212,160 shares, its daily average below 60,000. The company announced today that based on preliminary results, RVSN expects to report revenues for the first quarter of 2011 of approximately $20.5 to $21.0 million. As a result, the net loss for the first quarter of 2011 is expected to range from $0.15 to $0.19 per diluted share on a GAAP basis and from $0.10 to $0.14 per diluted share on a non-GAAP basis.

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

Viva VVUS, C active, AMIE earthward

Monday, April 4th, 2011

Vivus Inc. (Nasdaq: VVUS) shares rose 11.7% to $7.05 early Monday morning, on volume of 6.4 million shares, or double its all-day average. This, after the company said its experimental weight-loss drug yielded positive results and helped cut blood pressure.

Citigroup Inc. (NYSE: C) was an early volume leader Monday, dealing in 79 million, compared to a daily average of 494.6 million. Share prices slid 0.5% to $4.43,

Ambassadors International Inc. (Nasdaq: AMIE) shares tumbled 69.6% to 85 cents, on volume of 2.5 million shares, towering over a daily average around 101,000, after the parent of Windstar Cruises filed for bankruptcy protection on Friday.

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

LUNA shoots for the moon, S steady, SEMG sinks

Thursday, March 31st, 2011

Luna Innovations Inc. (Nasdaq: LUNA) shares gained 46.4% to $2.65, on volume of 2.7 million shares, trouncing a daily average around 20,000, after the molecular-technology provider agreed to extend a development agreement with Intuitive Surgical Inc. (Nasdaq: ISRG).

Sprint Nextel Corporation (NYSE: S) dealt in 35.1 million shares, making headway on a daily average of 64.8 million. Prices hiked 1% to $4.61.

SemGroup Corp. (NYSE: SEMG) shares were off 12.5% to $28.40, on volume of 4.2 million shares, towering over its average of 311,583, after the petroleum pipeline and storage provider reported losing $4.9 million in the fourth quarter.

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Posted in Industrial Stocks, Technology Stocks | No Comments »

CYBI climbs, CSCO, MBND skid

Thursday, March 31st, 2011

Cybex International, Inc. (Nasdaq: CYBI) shares bolted 16.9% higher to 83 cents, on volume of 116,520 shares, compared to a daily volume of 44,877, on announcing 2010 net sales were $123.0 million compared to $120.5 million for 2009, a 2% increase. The loss for the year ended December 31, 2010 was $58.2 million, or $3.40 per diluted share, compared to a net loss of $2.4 million, or $0.14 per diluted share, for 2009.

Cisco Systems Inc. (Nasdaq: CSCO) bought and sold 38.9 million shares in early afternoon trading on Thursday, compared to a daily volume of 71.9 million. Share prices for CSCO dimmed 0.8% to $17.18.

Multiband Corporation (Nasdaq: MBND) faltered 24.6% in price Thursday to $4.50. Where average share volume would run around 63,000 shares, today’s topped 1.1 million, on word income from operations was $13.7 million from a loss of $7.2 million in fiscal 2009.

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TSLA in motion, C in controversy, GMR stuck

Thursday, March 31st, 2011

Tesla Motors Inc. (Nasdaq: TSLA) shares added 19.9% to $28.42, on volume of 5.2 million shares, or four times its full-day average, after Morgan Stanley upgraded the electric-car maker to overweight from equal weight.

Citigroup Inc. (NYSE: C) bought and sold 149.2 million shares Thursday, still pursuing a daily average of 490 million. C shares trailed Wednesday’s close by 1% to $4.41. C was at the center of the deal between Berkshire Hathaway and Lubrizol, making it a key figure in the story surrounding the departure of Buffett lieutenant David Sokol.

General Maritime Corp. (NYSE: GMR) shares fell 3.2% to $2.09, on volume of 7.4 million shares, triple its daily average, a day after the debt-riddled oil carrier shipper said Oaktree Capital Management would invest $200 million in the firm.

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

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