Posts Tagged ‘CEU’

WGO travels, LVS flexes muscle, CEU sued

Thursday, December 16th, 2010

Winnebago Industries, Inc. (NYSE: WGO) zoomed up 13.94 percent in price Thursday to $14.91. Volume of 1,661,360 shares triumphed over its full-day average of 285,609 shares. The motor home giant Thursday announced quarterly results. Revenues for the first quarter of Fiscal 2011 ended November 27, 2010 were $123.7 million, an increase of 52.7 percent, versus $81.0 million for the first quarter of Fiscal 2010. The Company reported an operating profit of $4.9 million for the quarter, versus an operating loss of $6.0 million for the first quarter of Fiscal 2010.

Las Vegas Sands Corp. (NYSE: LVS) was a volume leader Thursday, trading in 41,953,024 shares, surpassing its full-day average shortly before 3 p.m. ET. LVS share prices gained 6.27 per cent, to $44.92. LVS said Thursday it expects Vegas group room-rates to rise at least 10% by 2012.

China Education Alliance, Inc. (NYSE: CEU) gave back 7.57 percent Thursday to $2.32, on volume of 335,933 shares were about half its full day average of 620,807. The drop comes amid news that a class action securities fraud lawsuit has been filed in the United States District Court for the Central District of California on behalf of purchasers of CEU common stock between March 31, 2009 and November 29, 2010

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Posted in Consumer Discretionary Stocks | No Comments »

CEU marches on, CSCO in brisk trade, MCOX drops

Wednesday, December 1st, 2010

China Education Alliance Inc. (NYSE: CEU) proved one of the price champions mid Wednesday afternoon, gaining 14.81 percent to $3.10. Volume was 1,197,917 shares, compared to normal daily volume of 363,286

Cisco Systems Inc. (NasdaqGS: CSCO) early Wednesday afternoon traded in 54,088,994 shares, its normal share average around 69,116,300. Shares nudged up 0.78 percent to $19.31.

Mecox Lane Limited (NasdaqGM: MCOX) took its lumps in Wednesday afternoon trading, falling 13.5 percent to $7.50, on volume of 1,943,456 shares edging past its normal full-day average of 1,340,500. Mecox Lane Ltd.’s third-quarter net income more than tripled, as consumers snapped up its online products. The Chinese clothing and accessories company earned $797,404 million, or breakeven, for the three months ended Sept. 30. That’s up sharply from $230,217, or breakeven, a year ago.

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Posted in Technology Stocks | No Comments »

AMRN flies on positive tests, C sells widely, CEU staggers

Monday, November 29th, 2010

Amarin Corp. PLC (NasdaqCM: AMRN) enjoyed a gain of gained 58.03 percent in price early Monday to $5.61. Volume in the first hour was a staggering 17,200,902 shares, trampling its three-month average share volume of 767,131. The Connecticut and Ireland-based pharmaceutical company today reported positive, statistically significant top-line results from the MARINE study, its first Phase 3 clinical trial of lead drug candidate AMR101.

Citigroup Inc. (NYSE: C) was among Monday morning’s volume leaders, trading in 104,926,884 shares, nearly a quarter of its normal daily volume of 117,592,265 shares, with its three-month average share volume pegged at 464,971,000. The banking behemoth upped its price by 0.97 percent to $4.15. C today announced that it has won a mandate to provide third-party securities lending services for Global X Funds’ family of exchange traded funds.

China Education Alliance Inc. (NYSE: CEU) fell in price early Tuesday by 12.7 percent to $3.85. Volume was 165,878 shares, its three-month average share volume not available at press time. CEU is a leading China-based company experiencing fast-growing, offering high-quality education resources and services to students ages 6 to 18 and adults (university students and professionals) ages 18 and over.

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Posted in Financial Stocks | No Comments »