Posts Tagged ‘communications’

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.

IDT moves up, CSCO passes volume avg., CRC falls

Wednesday, November 17th, 2010

IDT Corporation (NYSE: IDT) increased 9.69 percent in price Wednesday to $22.18. Volume was 587,063 shares, more than doubling its daily average. IDT is a consumer services company with operations primarily in the telecommunications and energy industries

Cisco Systems Inc. (NasdaqGS: CSCO) Wednesday dealt in 71,003,842 shares, surpassing its three-month daily average of 67,852,400. CSCO shares inched forward 0.69 percent to $19.57. CSCO today announced that it leads in total USGv6 certification for routers, switches and firewalls, aligning with President Barack Obama’s recent directive that all U.S. government agencies upgrade their IT infrastructures in support of Internet Protocol version 6 (IPv6), as the remaining pool of IPv4 addresses shrinks.

Chromcraft Revington Inc. (AMEX: CRC) fell in price Wednesday afternoon by 18.5 percent to $1.63. Volume of 40,675 shares, dwarfed its three-month daily average of 3,592. Tuesday, CRC reported sales of $13,808,000 and a net loss of $1,933,000 for the three months ended October 2, 2010 as compared to sales of $16,030,000 and a net loss of $979,000 for the prior year period.

TRYF, ZAAP lead small-cap brigade, DIRV provides drag

Wednesday, November 17th, 2010

Trycera Financial, Inc. (OTCBB: TRYF) gained 21.15 percent in price to 6.3 cents Wednesday on 7.08 million shares. TYRF today announced that it has entered into a licensing agreement with Simply Budgets to allow Trycera prepaid cardholders access to card-based money management services that include budgeting, debt management and savings tools. TRYF focuses on marketing financial products and services.

ZAP (OTCBB: ZAAP) picked up 12.61 percent in price to 67 cents Wednesday, on volume of 190,806 shares. ZAAP engages in the development, acquisition, and commercialization of electric vehicles and electric vehicle power systems in the United States

Direct View Holdings, Inc. (OTCBB: DIRV) slid in price by 91.3 percent to 13 cents, on volume of 20,000 shares. Monday, DIRV announced today that its Board of Directors declared a stock dividend payable in shares of its common stock to its stockholders of record on November 9, whereby each stockholder would receive nine shares of common stock for each one share owned on the record date.

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.

Zanett, Inc.(ZANE) – Buzz Stock of the Day

Tuesday, April 6th, 2010

Shares of leading IT consulting company, Zanett, Inc. (Nasdaq: ZANE) soared more than 100 percent from yesterday’s close after the company announced it set an in-house corporate record for contracts signed in a single quarter since the company was founded more than a decade ago.

For the first three months of 2010, Zanett closed more than $17 million in new business from 57 customers.
Volume topped 10 million shares, compared to the 50-day average daily volume of 1.14 million, according to the Nasdaq.
“Throughout the US, corporations are currently hesitant about hiring individuals, due to unknown and unfunded mandates from Washington DC, so they are spending their money on increased capital expenditures,” said Dennis Harkins, President of Zanett. “For any corporation out there , Oracle ERP and other IT spending are a natural beneficiary of a reduction in labor force. Here at Zanett, we have a great national sales force, and they can barely keep up with the demand they see.”