Posts Tagged ‘C’

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ROL rolls, C rocks, CYTK rocky

Monday, December 13th, 2010

Rollins Inc. (NYSE: ROL) took on 54.44 percent Monday to come out of the starting blocks at $19.84. Volume was 75,263 shares, making headway on its normal daily average of 177,065. Atlanta-based Rollins is a premier North American consumer and commercial services company.

Citgroup Inc. (NYSE: C) proved among the volume leaders early Monday, trading in a brisk 130,924,832 shares, about a quarter its normal daily average of 530,261,000. Citigroup’s price inched up 0.21 percent to $4.78. CitiMortgage, Inc. has announced plans for an upcoming Mortgage Assistance Call-a-thon to take place from 7:00 AM December 15, 2010 until 1:00 AM on the morning of December 16, Eastern Standard Time. For the event, CitiMortgage (CMI) customers who have concerns about their ability to pay their mortgage can call into the company’s foreclosure prevention centers for information and advice.

Cytokinetics Inc. (NasdaqGM: CYTK) went south 19.45 percent to $2.36 soon after Monday’s opening. Volume for CYTK was 617,809, more than double its usual full-day volume. CYTK, based in San Francisco, announced the successful completion of its Phase IIa “Evidence of Effect” (EoE) clinical trial of CK-2017357 in patients with amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease, during an oral presentation included in the Clinical Trials Session at the 21st International Symposium on ALS/MND in Orlando, Florida.

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Posted in Financial Stocks, pharmaceutical stocks | No Comments »

FRC scores big in IPO, C sells briskly, SDTH staggers

Thursday, December 9th, 2010

First Republic Bank (NYSE: FRC) was among the price champions early Thursday, strengthening 95.99 percent in price to $27.34. Volume was 4,503,158 shares, upon its IPO Thursday. First Republic Bank had $22 billion in total assets as of June 30 and its wealth management assets totaled $17.2 billion.

Citigroup Inc, (NYSE: C) traded in 275,979,360 shares, making it a leader in volume, making loads of headway against its daily average of 517,995,000. Shares hiked 0.97 percent to $4.68. Citi today announced that it has hired Benjamin Poor as Manager of Market Intelligence for the Securities and Fund Services (SFS) unit within Global Transaction Services.

Shengdah Tech, Inc. (NasdaqGS: SDTH) tumbled in price 16.01 percent Thursday to wind up at $5.14, on volume of 570,864 shares, better than triple its full-day volume average. The leading manufacturer of nano-precipitated calcium carbonate in China, today announced that it intends, subject to market and other conditions, to offer an aggregate of $90.0 million of senior convertible notes due 2015 in a private offering.

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VRGY leaps, C busy, LTXC fades

Monday, December 6th, 2010

Verigy Ltd. (NasdaqGS: VRGY) improved 30.42 percent in Monday’s first hour to $11.92. Volume of 6,269,040 shares easily outdistanced its normal full-day average volume of 846,028. VRGY, which makes semiconductor test equipment, this morning said it received an unsolicited $12.15-a-share cash acquisition bid from Advantest

Citigroup (NYSE: C) assumed its place among the volume leaders early Monday morning, trading in 134,580,936 shares, its full-day average around 464,320,000. Share prices backtracked, however, 0.11 percent to $4.45.

LTXCredence Corp. (NasdaqGM: LTXC) gave back 16.8 percent in price Monday to $7.03, on volume of 1,523,632 shares, nearly doubling its full-day average in just the first hour. The global provider of ATE solutions weighed in this morning on the prospective Adventest-Verigy deal, believe that it, LTXCredence, would be a better fit for Verigy.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »

WBD goes wild, C busy, ARO loses air

Thursday, December 2nd, 2010

Wimm Bill Dann Foods OSJC (NYSE: WBD) gained 28.12 percent to $31.40 soon after Thursday’s open. Volume was 3,024,031 shares, more than seven times its normal full-day average volume. PepsiCo. today announced that it has agreed to acquire 66% of Wimm-Bill-Dann for $3.8 billion, pending the required government approvals.

Citigroup Inc. (NYSE: C) found its shares flying off the shelves early Thursday, dealing in 157,979,787, its full day average being 466,277,000. Shares nudged up 2.44 percent to $4.41.

Aeropostale Inc. (NYSE: ARO) dropped 13.25 percent in late Thursday morning trading, to $23.25, on volume of 5,770,554 shares, nearly double its average daily volume. The specialty clothing retailer Wednesday reported net income of $58.5 million, or 63 cents per diluted share, on sales of $602.8 million for the quarter ending Oct. 30. That compares to net income of $62.6 million, or 61 cents per diluted share, on sales of $567.8 million in the same quarter last year.

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Posted in Consumer Discretionary Stocks, Financial Stocks | No Comments »

MIGP soars, C does brisk trade, APWR loses some power

Wednesday, December 1st, 2010

Mercer Insurance Group Inc. (NasdaqGM: MIGP) jumped in price 47.93 percent to open trading Wednesday at $27.88. Volume of 340,855 squashed its normal daily voume of 4,312. Kendall Law Group announced Wednesday it is investigating Mercer Insurance Group, Inc. for shareholders in connection with the proposed acquisition by United Fire & Casualty Company. The national securities firm’s investigation seeks to determine whether Mercer Insurance Group and its Board breached their fi

Citigroup Inc. (NYSE: C) was the volume leader in early trading Wednesday, exchanging 154,660,124 shares, rapidly catching closing in on its daily average volume of 465,835,000. Citigroup shares were 2.02 percent more expensive at $4.28.

APower Energy Generation Systems Ltd. (NasdaqGS: APWR) saw its share prices fall Wednesday morning by 27.99 percent to $4.58. Early share volume of 3,099,954 shares more than tripled the stock’s full-day average. The Chinese-based power company reported Wednesday revenues decreased 40.7% to $57.3 million from $96.6 million in the third quarter 2009. Gross profit decreased 2.5% to $12.3 million in the third quarter from $12.6 million in the third quarter 2009.

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