Posts Tagged ‘C’

GRM vaults, C busy, INVE falls

Wednesday, April 13th, 2011

Graham Packaging Co. (NYSE: GRM) shares climbed 25.7% to $21.01, on volume of 10.6 million shares, dwarfing a daily average around 437,000, after Silgan Holdings Inc. (Nasdaq: SLGN) said it would acquire its rival supplier of consumer-goods packing products in a deal worth roughly $4.1 billion, including debt. Shares of Silgan gained 12.4% to $41.38.

Citigroup Inc. (NYSE: C) was a volume behemoth on Wednesday, trading in 178.1 million shares, compared to a daily average of 477.1 million, at prices of $4.49, down 1.3% from Tuesday’s close.

Identive Group Inc. (Nasdaq: INVE) took a nose dive in Wednesday, losing 30.1% to $3.98, on volume of 13.1 million shares, well above its daily average of 624,000.

GLBC flies, C steady, ADES ails

Monday, April 11th, 2011

Global Crossing Ltd. (Nasdaq: GLBC) shares surged 60.4% to $23.74, on volume of close to seven million shares, overwhelming a daily average around 146,000, after Internet infrastructure provider Level 3 Communications Inc. (Nasdaq: LVLT) said it would acquire its smaller rival..

Citigroup Inc. (NYSE: C) was a volume champion in early trading Monday morning on Wall Street, dealing in 94.5 million shares, compared to 478.8 million. Share prices were off 0.6% to $4.54, after announcing C was putting its European headquarters on the market for $1.6 billion.

ADA-ES Inc. (Nasdaq: ADES) swooned 38% Monday morning to $13.68, on volume of 335,700 shares, compared to regular volume of 52,729, after an arbitration panel ordered ADES to $38 million to Norit Americas for breach of contract.

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.

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.

CEPH, VRX could be a match, C clicks, ZZ bottoms

Wednesday, March 30th, 2011

Cephalon Inc. (Nasdaq: CEPH) shares surged 28.3% to $75.37, on volume of 25.2 million shares, towering over an average of 1.1 million, after Canadian drug manufacturer Valeant Pharmaceuticals International Inc. (NYSE: VRX) said it made an unsolicited offer valued at about $5.7 billion in cash to acquire the U.S. drug maker. Valeant’s shares climbed 8.9% to $48.27.

Citigroup Inc. (NYSE: C) was a volume leader early Wednesday, trading in 60.2 million shares, compared to a daily average of 487.3 million. C shares nipped up 0.7% to $4.48

Sealy Corp. (NYSE: ZZ) shares declined 4.3% to $2.66, on volume of 315,582 shares, closing in a daily average of 320,276, a day after the mattress maker unexpectedly reported a first-quarter loss.