Posts Tagged ‘buzz stocks’

OXPS gallops, BAC steady, DEER caught in headlights

Monday, March 21st, 2011

optionsXpress Holdings, Inc., (NASDAQ: OXPS) shares raced ahead 15.8% to $17.76, on volume of 12.7 million shares, compared to its average of 705,000. This, after an agreement under which Charles Schwab (NYSE: SCHW) will acquire optionsXpress, by which optionsXpress stockholders will receive 1.02 shares of Schwab stock for each share of optionsXpress stock.

Bank of America Inc. (NYSE: BAC) saw 93.6 million of its shares come and go Monday, in contrast to its average of 173.6 million. Share prices were flat, though, at $14.02.

Deer Consumer Products Inc. (Nasdaq: DEER) shares dipped 19.8% Monday to $8.85, on volume of 3.3 million shares, or about 10 times its norm.

MSHL moves, MSFT busy, MAJC miserable

Monday, March 21st, 2011

Marshall Edwards, Inc.(Nasdaq : MSHL) shares boosted 13.3% to $1.70, on volume of 45,250 shares, shy of its all-day average of 57,758, after it announced today the publication of results from a Phase II clinical trial of intravenous Phenoxodiol in combination with cisplatin in women with platinum-resistant ovarian cancer.

Microsoft Corporation (Nasdaq: MSFT) dealt in 26.2 million shares, making it one of the leaders, but still short of its average of 58.7 million. Shares for the computer behemoth advanced 2.1% to $25.33, amid strength in the tech industry.

Majestic Capital Inc. (Nasdaq: MAJC) lost its parachute and dropped 72.7% in price Monday to $1.18, on volume of 1.3 million shares, towering over a daily average of around 5,300, as the company mulls bankruptcy following a termination of a merger agreement with Bayside Capital Partners.

TGE shouts, CSCO sells widely, XNPT dips

Monday, March 21st, 2011

TGC Industries Inc. (Nasdaq: TGE) shares soared 14.5% to $7.82, on volume of 603,000 shares, or eight times its daily volume, after Dawson Geophysical Co. (Nasdaq: DWSN) said it would acquire the provider of seismic data to oil and gas producers for about $157 million in stock. DWSN shares advanced 1.1% to $43.00.

Cisco Systems (Nasdaq: CSCO) dealt in 24.7 million shares, catching up rapidly on a daily average of 71.2 million. Share prices gained 1.9% to $17.47.

XenoPort Inc.(Nasdaq: XNPT) shares fell 10.3% to $5.98, on volume of 4.4 million, or nine times its daily volume, after the company said it would halt development of its experimental heartburn treatment.

ARSC jumps, ELCR fires on all cylinders, GNTA falls

Monday, March 21st, 2011

American Security Resources Corp. (OTCBB: ARSC) flew out of the blocks Monday, doubling in price to two-100ths of a cent, on volume of 125 million shares, outdistancing its daily average of 72 million.

Electric Car Company Inc. (OTCBB: ELCR) revved up a lot of investors Monday, trading in 22 million, still quite a ways from its daily volume of 126.4 million. The stock’s price was flat, at however, at one-100th of a cent. The Missouri-based ELCR is a vehicle conversion company that specializes in electric conversions and manufacturing for the livery, fleet and private specialty markets.

Genta Inc. (OTCBB: GNTA) slumped in price 86.8% to 4.3 cents. Volume was 3.5 million shares, nearly quadruple its daily average. The New Jersey-based GNTA is a biopharmaceutical company with a diversified product portfolio that is focused on delivering innovative products for the treatment of patients with cancer.

CRIS soars, C active, S slips

Monday, March 21st, 2011

Curis Inc. (Nasdaq: CRIS) shares climbed 14% to $3.34, on three million shares, or five times its daily average, after the drug developer and its partner Roche Group announced positive results from a midstage study of their skin-cancer treatment.

Citigroup Inc. (NYSE: C) traded in 263 million shares Monday, closing in on a daily average of 482 million. C announced Monday it will slash the number of common shares outstanding through a 1-for-10 reverse stock split, and reintroduce a dividend

Sprint Nextel Corp. (NYSE: S) shares declined 13.4% to $4.38, on volume of 134 million shares, better than double its daily average of 55 million, a trading day after rival AT&T Inc. (NYSE: T) said it would acquire T-Mobile USA from Deutsche Telekom AG in a $39-billion deal that would make AT&T the largest U.S. wireless carrier.