Posts Tagged ‘communications’

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OCCF eye-popping, F busy, GENE falling

Monday, January 24th, 2011

Optical Cable Corporation (Nasdaq: OCCF) shares gathered 41.9% to $5.25, on 534,791 shares, overwhelming a daily average of 10,781, on word that quarterly earnings increased 47.9 percent to $7.2 million over the prior-year quarter.

Ford Motor Company (NYSE: F) dealt in 26.8 million shares Monday, still trailing its full-day average of 84.3 million. Share prices subsided 0.5 percent to $17.87, on word the carmaker was about to sell $1.137 billion of bonds backed by automotive debt.

Genetic Technologies Inc. (Nasdaq: GENE) jettisoned 10.8 percent to $3.65 Monday. Volume for the stock was 220,041 shares, or triple its daily average.

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Posted in Consumer Discretionary Stocks, Health Care Stocks, Technology Stocks | 1 Comment »

NVDA steps on gas, CSCO sizzles, REDF slides

Monday, January 24th, 2011

Nvidia Corp. (Nasdaq: NVDA) shares added 12.1% to $24.90, after Barron’s said the chip maker’s stock might rise as much as 80% in the next year. Volume for NVDA was 29.1 million shares, better than its daily average of 22.3 million.

Cisco Systems Inc, (Nasdaq: CSCO) dealt in 25 million shares Monday, making headway against its full-day average of 72 million. Share prices moved higher 1.7 percent to $21.08, on word of its price target being raised at Barclays to $24 from $22.

Rediff.com India Limited (Nasdaq: REDF) dropped 8.4 percent to $7.39 Monday. Volume for the stock was 806,955 shares, just now nosing out its daily average. The Mumbai-based REDF is one of the premier worldwide online providers of news, information, communication, entertainment, mobile and shopping services.

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Posted in Technology Stocks | 1 Comment »

RPRX jumps, GE busy, WSTL steps back

Thursday, January 20th, 2011

Repros Therapeutics Inc. (Nasdaq: RPRX) moved 13.8 percent higher Thursday to $3.13. Volume of 851,490 shares was catching up on its full-day average of 864,758. RPRX’s Androxal drug, meant to treat men with low testosterone, is in clinical trials this month.

General Electric Company (NYSE: GE) was a volume leader Thursday, dealing in 39,598,546 shares, still shy of its full-day average of 54,691,800. Share prices regained 1.2 percent to $18.55.

Westell Technologies Inc. (Nasdaq: WSTL) shares stumbled 15 percent to $3.00. Volume was 1,212,492 shares, triple its daily average, on word that its quarterly income edged up 7 percent.

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Posted in Health Care Stocks, Technology Stocks | No Comments »

MOBI clicks, FITB active, IBCP tumbles

Thursday, January 20th, 2011

Sky-Mobi Limited (Nasdaq: MOBI) shot 12.9 percent higher Thursday to $5.83. Volume of 1,239,238 shares proved better than double its full-day average. MOBI operates the leading mobile application store in China.

Fifth Third Bancorp (Nasdaq: FITB) dealt in 73,558,234 shares, six times its full-day average. Share prices dipped 1.6 percent to $14.38, after revealing it had repaid $1.7 billion to TARP.

Independent Bank Corporation (Nasdaq: IBCP) shares slid 18.5 percent to $2.90. Volume was 677,526 shares, more than double the daily average. IBCP is is a Michigan-based bank holding company with total assets of approximately $2.7 billion.

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Posted in Financial Stocks, Technology Stocks | No Comments »

KONE soars, BAC busy, FFIV falters

Thursday, January 20th, 2011

Kingtone Wireless Info Solutions (Nasdaq: KONE) climbed 14.4 percent in price Thursday to $3.65. Volume of 433,351 shares nearly quadrupled its full-day average. KONE Thursday announced quarterly revenues increased 36.1% to $5.33 million from $3.92 million in the prior year period. Gross profit increased 104.7% to $4.64 million from $2.27 million in the prior year period

Bank of America Corp. (NYSE: BAC) dealt in 130,095,328 shares, short of its full-day average of 214,812,000. Share prices were flat at$14.38.

F5 Networks Inc. (Nasdaq: FFIV) shares slid 21.7 percent to $108.64. Volume was 12,376,855, far better than the daily average of 2,678,010, after the Internet-traffic software company projected second-quarter revenue below Wall Street expectations.

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Posted in Financial Stocks, Technology Stocks | No Comments »

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