Posts Tagged ‘CCME’

FRG shines, CSCO busy, CCME staggers

Thursday, February 3rd, 2011

Fronteer Gold Inc. (AMEX: FRG) shares traveled 38.6 percent to $14.46 Thursday, on volumes of 14.9 million, dwarfing its full-day average of 1.4 million, after announcing that Newmont Mining would acquire FRG.

Cisco Systems Inc, (Nasdaq: CSCO) traded in 35.7 million Thursday, catching an all-day average of 73.3 million. Share prices gained one percent to $21.83, after Oppenheimer pegged CSCO as a potential $25 stock.

China MediaExpress Inc. (Nasdaq: CCME) took a price header Thursday, sliding 22.6 percent to $12.86. Volume was 10.5 million or six times its daily average.

Tags: , , , , , , , ,
Posted in Energy Stocks, Technology Stocks | No Comments »

TNB quiets doubters, CSCO gets jolt, CCME takes bath

Monday, January 31st, 2011

Thomas & Betts Corp. (NYSE: TNB) shares gained 8.7% to $51.38, on volume of 1.5 million shares, triumphing over its daily average of 323,268, after the electrical component manufacturer reported fourth-quarter profit that beat expectations.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 36.6 million shares, barely half its daily volume of 73.3 million. Prices for the stock increased 1.1 percent to $21.15, after learning CSCO and Ecototality were teaming up on a new electric car charging mechanism.

China MediaExpress Holdings (Nasdaq: CCME) shares plunged 14.5 percent to $17.84, on volume of 7.2 million shares, more than five times its daily average, after Citron Research opined the stock was “too good to be true.”

Tags: , , , , , ,
Posted in Technology Stocks | No Comments »

CCME jumps, YHOO busy, GHL red

Thursday, January 27th, 2011

China MediaExpress Holdings (Nasdaq: CCME) shares leaped 16 percent to $22.69. Volume was 4.3 million shares, compared to an average of 1.3 million, on speculation the company could be subject to a massive short squeeze after short sellers have piled into the stock assuming the company is a fraud.

Yahoo Inc. (Nasdaq: YHOO) traded in 28.1 million shares Thursday, compared to a daily average of 17.4 million. Share prices gained 4.2 percent to $16.22

Greenhill (NYSE: GHL) shares dropped 10.1 percent to $73.75. Volume was 1.3 million shares, towering over its daily average of 183,502, on weak Q4 profit.

Tags: , , , , , , ,
Posted in Consumer Discretionary Stocks, Financial Stocks, Technology Stocks | No Comments »