Posts Tagged ‘china stocks’

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UTA takes flight, INTC has chipper volume, CTIB falters

Monday, November 15th, 2010

Universal Travel Group (NYSE: UTA) took off in Monday trading, gaining 9.59 percent in price to close at $5.94. Volume in UTA was 1,008,419, easily better than its three-month daily share average of 706,830. The Chinese-based company announced Monday that it will hold a conference call Tuesday to discuss its third-quarter financial results.

Intel Corp. (Nasdaq: INTC) was among the volume leaders Monday, trading in 42,935,569 shares, still below its three-month daily average of 68,486,200. The company stumbled a bit on the price scale, though, losing 1.02 percent to $21.31. INTC said Friday its board approved a 15-percent increase in quarterly cash dividends.

CTI Industries Corp. (NasdaqCM: CTIB) slumped 17.31 percent in price Monday to close at $ 5.35. Volume was 283,292 shares, or about nine times its average. The Lake Barrington, Ill-based company said last Tuesday its net income rose 19 percent in the third quarter as revenue edged up.

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

IIIIU flies, SIRI flies off shelves, ONP takes bruising

Monday, November 15th, 2010

Information Services Group Inc. (NasdaqGM: IIIIU) ballooned in price Monday by 66 percent to $4.27. Volume in IIIIU shares was 188,589, its three-month daily average not available at press time. The industry-leading, information-based services company is based out of Stamford, Ct.

Sirius XM Radio Inc. (NasdaqGM: SIRI) traded in 72,707,864 shares Monday, just short of its daily average of 74,926,100. SIRI shares skidded 2.46 percent, though, to $1.38. General Electric purchased two million shares of Sirius XM common stock last quarter.

Orient Paper Inc. (AMEX: ONP) took a pasting in late trading Monday, dropping 25.67 percent in price to $4.75. Volume was 2,063,827 shares, more than six times its normal daily average. ONP filed its quarterly report Monday.

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

DYP surges, LVLT busy in trading, TRIT drops

Monday, November 15th, 2010

Duoyuan Printing Company (NYSE: DYP) picked up 8.15 percent in price late Monday to $2.92. Volume was 1,000,507 shares, trumping its usual volume around 700,000.

Level 3 Communications Inc. (NasdaqGS: LVLT) traded in 43,562,750 shares Monday, compared to its usual trading volume of 30,782,200. LVLT stock gained 2.19 percent to $1.165. LVLT today announced that it has signed an agreement with the National Museum of American Jewish History, a Philadelphia-based museum dedicated to chronicling the American Jewish experience, to provide the museum with dedicated Internet access (DIA) service in support of the museum’s new interactive digital exhibits and online content.

Tri-Tech Holding. Inc. (NasdaqGS: TRIT) took a tumble of 23.19 percent in price late Monday to $9.77. Volume in TRIT was 568,717 shares, or about seven times its normal daily average. The Chinese company that provides leading turn-key solutions for water resources, water and wastewater treatment, industrial safety and the pollution control markets, announced today that revenue for the third fiscal quarter ended September 30, 2010increased 244% to $16.9 million from $4.9 million in Q3 2009. Net income for the quarter was $2.2 million, or a 109% improvement over net income of $1.1 million in Q3 2009.

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CPC soars, ALU sells, ARBX trips

Thursday, November 11th, 2010

Chemspec International Limited (NYSE: CPC) positively sang in early afternoon trading Thursday, chugging ahead 20.89 percent to $7.64. Volume in CPC was 178,054 shares, nearly quadruple its daily volume average. The Shanghai-based contract manufacturer of highly-engineered specialty chemicals has set Friday morning to announce its third-quarter financial results.

Alcatel-Lucent (NYSE: ALU) reported wide volume of 41,327,621 shortly after noon ET, nearly triple its full-day volume average. Shares took a bit of a beating, 3.18 percent, to $3.04.  The Las Vegas-based transformation partner reported Thursday that its IPTV Micro-Architecture solution designed for underserved smaller local and regional markets garnered a TelcoTV Vision Award in the “Most Innovative Middleware” category at TelcoTV 2010, the largest video conference and expo focused on the U.S. service provider market.

Arbinet Corporation (NasdaqGM: ARBX) got stung Thursday afternoon 21.02 percent in price to register at $5.45. Volume was 23,083 shares, in contrast to usual volume of 3,545. The telecommunications concern, based in Herndon, Va., reported Thursday total revenues for the third quarter 2010 were $85.2 million, a 1.4% increase from total revenues of $83.9 million for the third quarter 2009. Third-quarter 2010 gross profit was$3.5 million, down 6.8% compared with $3.8 million in the third quarter 2009

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URRE roars along, MSFT sells widely, floods take toll on CAGC

Wednesday, November 10th, 2010

Uranium Resources Inc. (NasdaqCM: URRE) jumped 18.55 percent in price Wednesday to $2.62, on volume of 6,915,808, or nearly four times its daily average. The Texas-based uranium company announced third-quarter financial results Monday, which featured cash at $10.5 million, compared with $11.4 million at the end of the trailing second quarter and $6.1 million at the end of 2009.

Microsoft Corporation (NasdaqGS: MSFT) was among the volume leaders in mid-afternoon trade Wednesday, with 38,505,718 shares changing hands. The corporation’s normal three-month daily average is 61,877,300. Share price for MSFT was up marginally; 0.19 percent to $27.00. The Redmond, Wash.-based company today announced the recipients of its Elevate America veterans’ initiative grants and the availability of new education, job training and placement programs to help give veterans and their spouses the skills and resources they need to be successful in today’s civilian workforce.

China Agritech Inc. (NasdaqGM: CAGC) took a pasting on its stock price of 19.61 percent to $12.42 in Wednesday trading. Volume was 2,862,213 shares, more than twice its daily volume average. The organic fertilizer maker said Wednesday its third-quarter net income fell 68 percent to miss analyst expectations as devastating floods in China damaged two million acres of cropland, hurting demand for its products.

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Posted in Energy Stocks, Technology Stocks | No Comments »

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