Posts Tagged ‘buzz stocks’

AUMN awesome, F rolls along, NCT sheds

Wednesday, March 23rd, 2011

Golden Minerals Company (AMEX: AUMN) zoomed ahead 24.9% Wednesday to $22.98. Volume for the stock was 206,435 shares, or two-and-a-half times its normal daily volume, amid general buying of gold shares.

Ford Motor Company (NYSE: F) traded in 52.6 million shares, compared with a daily average of 86.6 million. Share prices were up 0.2% late in the session to $14.37.

Newcastle Investment Corp. (NYSE: NCT) shares shed 9.3% to $6.05 after the real-estate investment trust said it would sell 15 million shares. Volume was two million shares, compared to a daily average of 815,000.


CTAS pops, CSCO busy, ADBE ails

Wednesday, March 23rd, 2011

Cintas Corp.(Nasdaq: CTAS) shares rose 5.3% to $29.63 Wednesday, on volume of 2.2 million shares, better than double its daily average, after the uniform supplier projected earnings above Wall Street’s expectations.

Cisco Systems Inc. (Nasdaq: CSCO) did fair business Wednesday, trading in 29.6 million shares, compared to an average of 71.4 million shares. Share prices inched up 0.5% to $17.55

Adobe Systems Inc. (Nasdaq: ADBE) shares fell 5% to $31.25, on volume of 11.3 million shares, more than twice its daily average, after the graphic-design software company projected second-quarter results below Wall Street estimates.

JBL has jump, BAC backtracks, KFS get crowned

Wednesday, March 23rd, 2011

Jabil Circuit Inc. (NYSE: JBL) shares gained 10.9% to $20.99, on 9.1 million shares, or triple its full-day average, a day after the manufacturer of electronic parts projected third-quarter results that beat analysts’ estimates.

Bank of America Corporation (NYSE: BAC) traded in 110.6 million shares Wednesday, catching up rapidly on a daily average of 172.3 million. Share prices, though, demurred 2.5% to $13.53, after the Federal Reserve put a halt on BAC’s proposed dividend hike for this year.

Kingsway Financial Services Inc. (NYSE: KFS) took a drubbing in early Wednesday trading, falling 15.7% to 91 cents, on volume of 148,079, more than double its daily average. This, after announcing its fourth-quarter shareholder equity was likely to fall.

FORM firm, SIRI flat, CELL is selling

Monday, March 21st, 2011

FormFactor Inc.(Nasdaq: FORM) shares climbed 14.6% Monday to $9.90, on volume of just over a million shares, nearly twice what it would normally trade in a day, after a Citigroup analyst noted that the provider of test equipment to the semiconductor industry had a large order.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 30 million shares Monday, and while impressive, it was just barely half of its normal volume of 56 million. Share prices were flat at $1.71, on word that meal ticket Howard Stern announced he was cutting back on his workload.

Brightpoint Inc. (Nasdaq: CELL) fell 15.3% Monday to $10.70, on volume of 2.8 million shares, or four times its normal volume, after the company entered into a strategic alliance with Intcomex.

CMT balloons, INTC in disarray, CCI falls off throne

Monday, March 21st, 2011

Core Molding Technologies Inc. (AMEX: CMT) shares gained 19.7% to $7.30, on 96,756 shares, dwarfing its all-day average of 7,634 after the maker of truck accessories reported higher sales in its fourth quarter.

Intel Corporation (Nasdaq: INTC) traded in 36.6 million shares, making headway against an all-day average of 57.3 million shares, after the resignation of its senior vice president Anand Chandrasekher

Crown Castle International Corp. (NYSE: CCI) shares shed 4.7% to $37.32, on volume of 12.2 million shares, or six times its daily average, after Raymond James & Associates downgraded the operator of wireless infrastructure to outperform from strong buy.