Posts Tagged ‘buzz stocks’

BKI makes bucks, MSFT dialed in, XIN goes south

Wednesday, January 26th, 2011

Buckeye Technologies Inc. (NYSE: BKI) shares spiked 18.1 percent to $24.94, on volume of 1.6 million shares, beating its daily average of 449,548, on strong quarterly earnings of $17.1 million, or 42 cents a share, on sales of $209.5 million. That compares to net income of $46.3 million, of $1.18 per share, on sales of $183.3 million, a year ago.

Microsoft Corporation (Nasdaq: MSFT) was among the volume leaders Wednesday, exchanging 45.7 million shares compared to a daily average of 57.9 million. Share prices improved 1.2 percent to $28.80, on news the software giant shipped two million Windows phones last quarter.

China Xiniya Fashion Inc. (NYSE: XNY) shares tumbled 11.7 percent to $6.50, on volume of 483,556 shares, nearly double its daily average, after renewing its sponsorship agreement with a leading pop star in China

MMTE energetic, CGFIA busy, MCET miserable

Wednesday, January 26th, 2011

Mammoth Energy Group (OTCBB: MMTE) climbed 18.2 percent Wednesday to 13-100ths of a cent. Volume was 120.4 million shares, compared to a daily average of 43.8 million.

Colorado Goldfields Inc. (OTCBB: CGFIA) traded in 138.2 million shares Wednesday, compared to an average of 50.6 million. Prices for the stock tumbled, however, 87.4 percent, to 12-100ths of a cent. CGFIA is a mining exploration stage company engaged in the acquisition and exploration of mineral properties, mainly for gold, silver, zinc, copper and lead.

MultiCell Technologies Inc. (OTCBB: MCET) dumped 25.7 percent Wednesday to 1.04 cents, on volume of 57.2 million shares, or about eight times its usual daily average. MCET has specialized in developing main liver cell immortalization technologies to produce cell-based assay systems for use in drug discovery.

MCBF in green, INTC popular, SLAB slips

Wednesday, January 26th, 2011

Monarch Community Bancorp (Nasdaq: MCBF) shares skyrocketed 65.4 percent to $2.20, on volume of 153,590 shares, dwarfing a daily average of less than 5,000. Tuesday, the bank returned to profitability in the fourth quarter of 2010, after six successive quarters of losses. Net income for the quarter was $76,934, compared to a loss of $(17.5) million for the same period a year ago.

Intel Corporation (Nasdaq: INTC) exchanged 18.8 million shares Wednesday, compared to a daily average of nearly 55 million. Share prices improved 1.2 percent to $21.82, after the company was upgraded at BMO from Market Perform to Outperform.

Silicon Laboratories Inc. (Nasdaq: SLAB) shares dove 9.1 percent to $43.28, on volume of 1.3 million – nearly three times its daily average — after reporting revenue of $112 million for the fourth quarter and record revenue for the full year of $493 million.

MSTR a master, YHOO trades, RFMD slumps

Wednesday, January 26th, 2011

Microstrategy Inc. (Nasdaq: MSTR) shares vaulted 18.6 percent to $110.32, on volume of 395,309 shares, or better than four times its daily average. The software maker reported third-quarter revenue of $139.11 million, up 32 percent from $105.8 million in the same quarter a year earlier. Net income was $17.9 million, or $1.60 per share, compared to $20.5 million, or $1.66 per share in the year-ago period.

YAHOO Inc. (Nasdaq: YHOO) traded in 16.7 million shares Wednesday, very nearly catching its full-day average of 16.9 million. Share prices for YHOO fell three percent to $15.53, after the company’s first-quarter sales outlook missed analysts’ estimates, dragged down by early results from its search agreement with Microsoft Corp.

RF Micro Devices Inc. (Nasdaq: RFMD) shares declined 9.3 percent to $6.95. Volume for the stock was 12.1 million, nearly double its full-day average, after the manufacturer of chips for wireless phones late Tuesday reported third-quarter sales that came in shy of forecasts.

DSCI takes off, SIRI beams up, USAT loses grip

Monday, January 24th, 2011

Derma Sciences Inc. (Nasdaq: DSCI) shares mushroomed 25.63 percent to close Monday at $6.63. Volume for the stock was 308,259 shares, leaving in the dust a full-day average of 8,308. Princeton-based DSCI is a medical device and pharmaceutical company focused on advanced wound care.

Sirius XM Radio Inc. (Nasdaq: SIRI) dealt in 50.8 million shares Monday, just a hair below its full-day average. Share prices were up 1.9 percent to $1.58, after expressing desire to raise its basic monthly subscription price from $12.95.

USA Technologies, Inc. (Nasdaq: USAT) dunked 7.8 percent to $1.53 Monday. Volume for the stock was 874,814 shares, doubling its daily average. Malvern, Pa.-based USAT is a leader in the networking of wireless cashless transactions.