Posts Tagged ‘china stocks’

EXMT zooms, CHTL trades widely, ENRJ stalls

Thursday, November 18th, 2010

Anything Technologies Media Inc. (Pink Sheets: EXMT) saw its share price climb 2,508.7% to 12 cents. Volume was a scant 835 shares, however.

China Tel Group Inc. (OTCBB: CHTL) was a volume leader among micro-caps Thursday, trading in 887,279 shares. Shares, though were flat in Thursday trading at 17 cents. CHTL announced Tuesday that it has entered into two related stock subscription and shareholder agreements with Shanghai Ying Yue Network Technology Ltd and Azur Capital under which ChinaTel will control approximately 34,000 km of fiber optic cable that connects all major population centers within the People’s Republic of China (PRC).

Enerjex Resources, Inc. (OTCBB: ENRJ) dipped in price 86.67 percent in early Thursday trading to six cents. Volume was 600 shares.

UCBI triumphs, SIRI among volume leaders, DQ wounded

Wednesday, November 17th, 2010

United Community Banks Inc. (NasdaqGS: UCBI) gained 10.37 percent in price Wednesday to $1.49. UCBI stock traded in 3,128,377 shares, nearly quadrupling its daily average. Headquartered in Blairsville, Ga., UCBI is the third-largest bank holding company in the state, with assets of $7.0 billion. It operates 27 community banks with 106 banking offices throughout north Georgia, the Atlanta region, coastal Georgia, western North Carolina and east Tennessee.

Sirius XM Radio Inc. (NasdaqGS: SIRI) was active in Wednesday trading, with volume of 39,654,072, albeit just better than half of its three-month average daily volume of 75,176,000. SIRI shares fell back 1.46 percent to greet the closing bell Wednesday at $1.35. The satellite radio provider announced Wednesday announces “Sound of Change,” an initiative designed to generate awareness, action and funds for designated charitable causes on a year-round basis. The initiative officially launches on November 20, as several of SIRIUS XM’s music, talk and sports channels will participate in WhyHunger’s 25th annual Hungerthon campaign featuring live and on-line auctions of rare memorabilia and experiences donated by popular musicians, athletes and celebrities.

DAQO New Energy Corp. (NYSE: DQ) fell in price Wednesday afternoon by 16.39 percent to close at $11.19. Its volume of 1,644,379 shares, still more than double its three-month daily average. Tuesday, the Chinese-based polysilicon manufacturer reported third-quarter net revenues were $63.2 million, an increase of 20.5% from the second quarter of 2010, and 108.5% year-over-year. Net income was $17.7 million, an increase of 50.8% from the second quarter of 2010, and 207.6% increase year-over-year.

CMED leaps, RF sells, CBMX capsizes

Wednesday, November 17th, 2010

China Medical Technologies Inc. (NasdaqGS: CMED) saw its price improve 18.52 percent Wednesday to $13.95. Today’s volume was 1,775,545 shares, which trumps its daily average of 235,312. The Beijing-based CMED reported revenues of RMB201.8 million (US$30.2 million) for 2Q FY2010, representing a 21.5% increase from the corresponding period of FY2009. Net loss was RMB2.9 million (US$0.4 million) for 2Q FY2010, representing a 94.1% decrease from the corresponding period of FY2009.

Regions Financial Corp. (NYSE: RF) had an active Wednesday, trading in 49,964,333 shares, nearly triple its three-month daily average. RF shares sank 8.11 percent in price to $5.44. RF serves customers in 16 states across the South, Midwest and Texas, and through its subsidiary, Regions Bank, operates approximately 1,800 banking offices and 2,200 ATMs.

CombiMatrix Corporation (NasdaqGM: CBMX) fell in price Wednesday afternoon by 15.65 percent to $2.21. Volume was a scant 27,295 shares, still more than double its three-month daily average. The Irvine, Calif.-based molecular diagnostics company reported last week that revenues for the third quarter of 2010 increased 68 percent to $1.0 million from $603,000 in Q3 2009.

SIHI climbs, MSFT a hot trader, NPD limps

Wednesday, November 17th, 2010

SinoHub Inc. (AMEX: SIHI) gained 22.09 percent in price Wednesday to $3.04. Today’s volume was 2,531,278 shares, towering over its daily average of 71,867. Last week, the China-based electronics company reported Q3 sales of $55.8 million, a 54.1-percent jump over the prior-year quarter. Gross profit increased 58.1 percent to $10.2 million

Microsoft Inc. (NasdaqGS: MSFT) was among the most active stocks Wednesday, trading in 31,599,424 shares, its three-month daily average is 61,267,300, however. MSFT today announced the general availability of Microsoft Lync, the next generation of communications that connects people in new ways. Lync is a single platform that integrates instant messaging, presence, audio, video, web conferencing and voice to bring people together in the ways they communicate best, with one interface that works with the applications businesses know and use today, including Microsoft Office, Microsoft SharePoint and Microsoft Exchange.

China Nepstar Chain Drugstore (NYSE: NPD) fell in price Wednesday afternoon by 17.1 percent to $3.98. Volume was 1,239,458 shares, more than tripled its three-month daily average of 371,977. NPD reported quarterly results Wednesday, which showed revenue was RMB597 million (US$89 million), reflecting a 7.3-percent increase compared to revenue of RMB556 million in the third quarter of 2009. Income from operations was RMB14 million (US$2 million), compared to a loss of RMB13 million in the second quarter of 2010 and a loss of RMB4 million in the first quarter of 2010

LDSH jumps on buyout news, F decorated, RINO stumbles on suit

Wednesday, November 17th, 2010

Ladish Co. Inc. (NasdaqGS: LDSH) increased 55.44 percent in price Wednesday to $45.59. Volume was 3,969,419 shares, easily trumping its daily average of 86,967. Wednesday,  Allegheny Technologies, a maker of specialty metals including titanium alloys, said it would pay $778 million in cash and stock to acquire Ladish of Cudahy, Wisconsin, which makes forged and cast parts for jet engines and other industrial applications.

Ford Motor Company (NYSE: F) was a volume leader early Wednesday, dealing in 44,842,506 shares, compared to its three-month daily average of 76,199,500. The carmaker saw its stock price inch ahead 1.88 percent to $16.82. Ford said its 2011 Taurus, Super Duty and Mustang GT have earned Kelley Blue Book’s kbb.com Best Resale Value Awards in the full-size car, full-size pickup and high-performance car categories, respectively

RINO International Company (NasdaqGS: RINO) fell in price in early trading Wednesday by 16.78 percent to $5.95. Volume was 3,421,180 shares, more than triple its three-month daily average. On Wednesday, RINO revealed it was the target of a lawsuit on behalf of investors who purchased the common stock of RINO International Corporation from March 31, 2009 to November 11, 2010.