Posts Tagged ‘communications’

« Older Entries
Newer Entries »

LTON climbs, BAC busy, SCMR slips

Wednesday, December 1st, 2010

Linktone Ltd. (NasdaqGM: LTON) spiked in price 29.79 percent to $1.83 Wednesday. Volume of 1,462,072 shares rolled over its normal daily volume of 22,877. The Chinese wireless interactive entertainment service provider announced Wednesday that its GAAP net income stood at $600,000 U.S. in the third quarter of this year, up from $100,000 U.S. in Q2, but down from the $700,000 U.S. in Q3 2009.

Bank of America Corp. (NYSE: BAC) did brisk business Wednesday, trading 119,934,419 shares, quickly closing in on its daily average volume of 198,958,000. BAC shares nipped ahead in price 0.78 percent to approach noon at $11.02. Bank of America Merrill Lynch today announced the composition and weights for the 2011 Merrill Lynch Commodity index eXtraSM. The MLCX is designed to provide a liquid benchmark for commodity market performance, tracking liquid and cost efficient investments.

Sycamore Networks Inc. (NasdaqGS; SCMR) saw its share prices fall Wednesday morning by 14.49 percent to $25.67. Share volume of 1,024,435 shares nearly quadrupled the stock’s full-day, three month average. The bandwidth solutions company reported quarterly financials Wednesday Revenue for the first quarter of fiscal 2011 was $11.7 million, compared with $15.6 million for the first quarter of fiscal 2010. Net loss for the first quarter of fiscal 2011, on a generally accepted accounting principles (“GAAP”) basis, was $6.5 million, or $0.23 per share, compared with a GAAP net loss of $10.4 million, or $0.37 per share for the first quarter of fiscal 2010.

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

NATC, GRYO shine, KRMC sells widely, LPTC falls

Monday, November 29th, 2010

Nature’s Call Brands Inc. (OTCBB: NATC) leaped in price 34.78 percent in price to 31 cents, on volume of 2,617,437 shares, more than 10 times its daily average. The Las Vegas-based company announced today that Robert Van Egmond, P.Geo, has agreed to join the Company’s advisory board.

Gryphon Resources Inc. (Pink Sheets: GRYO) gained in price 13.56 percent early Monday afternoon to 36 cents, on volume of 17,977,220. The miner, based out of Bellingham, WA., today announced completion of a $320,000 private placement which raises sufficient capital for the first stage of a new lithium exploration initiative in Arizona.

Kurrant Mobile Catering Inc. (OTCBB: KRMC) was among the volume leaders Monday afternoon, trading at 1,350,000 shares. Shares were up 40 percent to 21 cents. The Montreal-based broadcaster announced that beginning in December, there will be national coverage of its new title Charles Manson Now in major U.S. media reaching a broad and influential multi-million-sized audience.

Le@p Technology Inc. (OTCBB: LPTC) took a whacking in price, losing 76 percent early Monday afternoon to six cents. Volume was a mere 463 shares. Le@P Technology, Inc. is based in Fort Lauderdale, Florida

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

VOLT bolts higher, BAC busy, MTSL takes lickin’

Monday, November 29th, 2010

Voltaire Ltd. (NasdaqGM: VOLT) gained 34.6 percent in price Monday to $8.65. Volume approaching noon was 3,117,260 shares, easily trumping its three-month average share volume of 33,022. The leading provider of scale-out data center fabrics announced today a definitive agreement under which Mellanox Technologies Ltd. will acquire 100 percent of VOLTs outstanding ordinary shares for cash at a price of $8.75 per share, or a total equity value of approximately $218 million ($176 million net of cash).

Bank Of America Corp. (NYSE: BAC) was among late Monday morning’s volume leaders, trading in 60,345,222 shares, on track of its three-month average share volume of 197,194,000. BofA Merrill Lynch Global Research announced today it has introduced the Global Financial Stress Index (GFSI), a comprehensive, cross-market gauge of risk, hedging demand and investment flows. The index is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators, such as the VIX index.

MER Telemanagement Solutions Ltd. (NasdaqCM: MTSL) fell in price early Monday by 13.02 percent to $1.87. Volume by noon was 77,694 shares, surpassing its three-month average share volume of 51,500. MTSL is an Israeli-based global provider of business support systems for comprehensive telecommunication management, telecommunications expense management solutions and customer care & billing solutions

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

CTM solid, CMGR doing wide business, IMTO struggles

Thursday, November 18th, 2010

CTM Media Holdings Inc (Pink Sheets: CTMMB) strengthened in price 26.21 percent in late Thursday trading to $2.60. Volume, however, was a scant 100 shares. CTMMB arose from telecommunications giant IDT (based in Newark, New Jersey), and is now primarily comprised of two separate business entities, combined to form a powerful deliverer of digital media and print-based solutions.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in an incredible 490,731,872 shares in Thursday’s trading. The group’s price sank, however, 20 percent to 12-100ths of a cent. Thursday, CMGR announced that it has acquired worldwide distribution rights for the teen love story A WARRIOR’S HEART starring Twilight’s Kellan Lutz and Ashley Greene. The film follows the story of high school lacrosse star Conor Sullivan, who through his passion for the sport and a new love interest finds the strength to overcome his father’s death. A WARRIOR’S HEART is currently in post-production and will premiere in 2011.

InterMetro Communications Inc. (OTCBB: IMTO) dipped 87.5 percent in price in late Thursday trading to half a cent per share. Volume was 101,000 shares. IMTO, based in Simi Valley, Calif., claims to be a leading facilities-based provider of enhanced voice and data communication services

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

GTN spikes, RF has great volume, WSM stumbles

Thursday, November 18th, 2010

Gray Communication Systems (NYSE: GTN) improved in price by 11.58 percent in Thursday afternoon trade to $1.70 Volume of 425,772 shares proved nearly double the stock’s three-month daily average. Atlanta-based GTN is a television broadcast company, operating 36 television stations serving 30 markets.

Regions Financial Corporation (NYSE: RF) did brisk trade Thursday afternoon, with 73,128,272 shares changing hands, quadruple its usual daily volume of 18,752,300 shares. RF shares trailed Wednesday’s close by 3.43 percent to $5.35.

Williams-Sonoma Inc. (NYSE: WSM) fell in price Thursday by 8.13 percent to $32.89. Volume of 7,246,547 shares more than tripled usual daily volume of 2,129,680 shares. WSM Thursday announced third-quarter Net revenues increased 11.8 percent to $816 million versus $729 million in the third quarter of fiscal 2009. GAAP Diluted Earnings per share increased to $0.34 from $0.07 in Q3 ’09.

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

« Older Entries
Newer Entries »