Posts Tagged ‘buzz stocks’

FARO fabulous, GE does business, GM profits

Thursday, February 24th, 2011

Faro Technologies Inc. (Nasdaq: FARO) shares rose 17.9% to $35.19, on share volume of 396, 461, or six times its normal daily share volume, after the manufacturer of portable software measuring systems reported fourth-quarter results that exceeded estimates late Wednesday.

General Electric Company (NYSE: GE) was among the volume champions Thursday, dealing in 64.9 million shares, outdistancing a daily average of 59.4 million. Prices for GE forged 1.7% higher at $20.58.

General Motors Co. (NYSE: GM) shares slumped 4.5% to $33.02, on share volume of 63.3 million, more than triple its normal average, after the automaker reported an annual profit of $4.7 billion in 2010, its first annual profit since 2004.

GTLS tops chart, SIRI volume star, GSS loses shine

Thursday, February 24th, 2011

Chart Industries Inc. (Nasdaq: GTLS) shares rose 12.7% to $42.74, on share volume of just over one million, triple its average, after the engineered-equipment maker forecast 2011 results higher than analyst predictions.

Sirius XM Radio Inc. (Nasdaq: SIRI) bought and sold 33.2 million shares Thursday, making it a volume leader, but shy of its daily average of 52.1 million. Prices jumped 1.5% to $1.71.

Golden Star Resources Inc. (AMEX: GSS) prices capitulated 14.8% to $3.34 Thursday, on share volume of 10.7 million or three times its normal average, after announcing Wednesday full-year gold revenues of $432.7 million, up 8% over 2009, and a net loss of $8.3 million or $0.032 per share.

BKD grows, S rings it up, ALAN slumps

Thursday, February 24th, 2011

Brookdale Senior Living Inc. (NYSE: BKD) shares gained 9% to $25.55, on share volume of 1.8 million, or twice its average, a day after the operator of assisted-living housing reported a narrower fourth-quarter loss. Earlier Thursday, the company announced an agreement for an expanded corporate line of credit.

Sprint Nextel Corp. (Nasdaq: S) traded Thursday in 56.8 million shares, surpassing its daily average of 52.3 million. Prices added 1.8% to $4.28, after taking the wraps off its HTC Arrive smart phone.

Alanco Technologies Inc. (Nasdaq: ALAN) subsided 13.3% to $1.04 Thursday, on share volume of 113,000, more than six times its daily average.

KAI crows, MU moves along, AXT declines

Thursday, February 24th, 2011

Kadant Inc. (NYSE: KAI) gained 13.6% Thursday to $23.64, on share volume of 612,000, or 15 times its all-day average, after announcing Q4 revenues of $73.3 million, an increase of $16.5 million, or 29% over last year.

Micron Technology Inc. (Nasdaq: MU) traded Thursday in 24.5 million shares, closing in on a daily average of 36.9 million. MU shares picked up 1% to $10.65.

AXT Inc. (Nasdaq: AXTI) demurred 17.5% to $6.90 Thursday, on share volume of 3.1 million, more than four times its daily average, after reporting full-year earnings of $18.7 million on revenue of $95.5 million. In 2009, it lost $1.9 million on revenue of $55.4 million.

CRFN warms to buyout, MSFT high volume, VSCP goes backwards

Thursday, February 24th, 2011

Crescent Financial Corporation (Nasdaq: CRFN) rocketed 93.6% in price to $4.20, on share volume of 391,000, dwarfing an all-day average of 11,259, after announcing that Piedmont Community Bank Holdings was about to buy CRFN.

Microsoft Inc. (Nasdaq: MSFT) traded Thursday in 31.3 million shares, closing in on a daily average of 57.5 million. MSFT shares were flat at $26.61, after announcing a battle with Google to acquire more public school contracts in the U.S.

VirtualScopics Inc. (Nasdaq: VSCP) subtracted 17.3% to $2.15 Thursday, on share volume of 693,000, triple its daily average, after reporting full-year revenues were up 29% from last year.