Posts Tagged ‘consumer discretionary’

SCON super, F and ACLS slump

Wednesday, February 2nd, 2011

Superconductor Technologies (Nasdaq: SCON) shares vaulted 41.1 percent to $2.85, on volume of 5.1 million, overwhelming a daily average of about 105,000, after the company said it had produced samples of second-generation high-temperature superconductors that met customers’ specifications.

Ford Motor Company (NYSE: F) traded in 117.4 million shares, making it a volume leader, besting a daily average of 93.1 million. F shares trailed Tuesday’s close, however, by 3.1 percent to $15.40, as the carmaker teamed with Gogo to offer buyers complimentary Facebook access.

Axcelis Technologies (Nasdaq: ACLS) shares declined 22.8 percent to $2.75 Wednesday. Volume for the stock was nine million shares, dwarfing a daily average of 1.3 million. Tuesday, the company reported higher Q4 profits as sales grew.

BIOR leads way, JUNP jumps with activity, CNSV drops

Wednesday, February 2nd, 2011

Biodrain Medical Inc (OTCBB: BIOR) stole the thunder from most other micro-caps Wednesday, growing 190.9 percent to 32 cents, on volume of 50,000 shares, quadruple its usual share volume. BIOR an early-stage medical device company and its mission is to provide hospitals and surgical centers an effective, efficient and affordable means to safely dispose of contaminated fluids generated in the operating room.

Juniper Group Inc. (OTCBB: JUNP) was a volume leader among micro-caps, dealing in 286.7 million shares, dwarfing its usual average of 12.7 million. Share prices also leaped, 25 percent, to one-10th of a cent, a day after reporting nine-month revenues had spiked to $2.1 million from $200,000 the previous year.

Consolidation Services Inc. (OTCBB: CNSV) dove 58.8 percent in price to seven cents Wednesday, on volume of 22,700 shares. CNSV is an oil and gas exploration company based in Kentucky.

ERTS buzzes, SIRI beams, GNW gives back

Wednesday, February 2nd, 2011

Electronic Arts Inc. (Nasdaq: ERTS) shares climbed 15.2 percent to $17.99. Volume for the stock was 20.3 million shares, compared to an average of less than five million, after the video-game publisher late Tuesday announced a $600-million share-buyback plan and hiked its 2011 earnings outlook.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 60.2 million shares, catching its daily average volume of 51.5 million. Prices for the stock leaped 5.2 percent to $1.72, as speculation as to who will buy SIRI from Citigroup.

Genworth Financial Inc. (NYSE: GNW) shares fell 10 percent to $12.54. Volume for the stock was 11.7 million shares, compared to daily average of 6.1 million, after the insurer reported a surprise fourth-quarter loss as its mortgage operation weighed on results.

TNB quiets doubters, CSCO gets jolt, CCME takes bath

Monday, January 31st, 2011

Thomas & Betts Corp. (NYSE: TNB) shares gained 8.7% to $51.38, on volume of 1.5 million shares, triumphing over its daily average of 323,268, after the electrical component manufacturer reported fourth-quarter profit that beat expectations.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 36.6 million shares, barely half its daily volume of 73.3 million. Prices for the stock increased 1.1 percent to $21.15, after learning CSCO and Ecototality were teaming up on a new electric car charging mechanism.

China MediaExpress Holdings (Nasdaq: CCME) shares plunged 14.5 percent to $17.84, on volume of 7.2 million shares, more than five times its daily average, after Citron Research opined the stock was “too good to be true.”

SSN mighty, GE active, CHKE cutting

Monday, January 31st, 2011

Samson Oil & Gas Inc. (AMEX: SSN) shares soared 22 percent to $2.66, on volume of five million shares, better than four times its daily average, after filing its quarterly report.

General Electric (NYSE: GE) was busy Monday, dealing in 30 million shares, or about half its daily volume. Prices were fairly flat at $20.17, on news that the company, which agreed to $4.3 billion in energy acquisitions over the past four months, plans to boost results at the oil and gas unit by investing in research and plants.

Cherokee Inc. (Nasdaq: CHKE) shares demurred 11.5 percent to $16.06 on volume of 282,476 shares, five times its daily average, after slashing its quarterly dividend in order to invest more resources in its various brands of clothing, footwear, fashion accessories and home furnishings.