Posts Tagged ‘consumer discretionary’

TYRIA on tear, CMGR busy, VMCT ailing

Wednesday, January 12th, 2011

Trey Resources Inc. (OTCBB: TYRIA) doubled in price Wednesday to two-100ths of a cent. Volume for the stock was 1.9 million shares, catching up on its full-day average of 19.1 million. TYRIA provides business consultants for small and medium sized businesses and value-added resellers and developers of financial accounting software.

Camelot Entertainment Group Inc. (OTCBB: CMGR) did solid business early Wednesday, dealing in 40.7 million shares, compared to usual daily output of 316.4 million. Prices for CMGR were flat at one-100th of a cent.

Virtual Medical Centre Inc. (OTCBB: VMCT) slid in price 67.1 percent Wednesday to 4.6 cents. Volume for the stock was 50,000 shares, better than double its usual volume of 21, 596. VMCT is engaged in the business of providing online medical content, continuing medical education and health information to consumers, patients and medical professionals.

ZLC a jewel, C moving, LF dives

Wednesday, January 12th, 2011

Zale Corp.(NYSE: ZLC) shares gained 31.8% Wednesday to $5.31, on volume of 4,860,848 shares, or nearly five times its full-day average. This, after the jewelry retailer said sales at stores open at least a year rose 8.5% during the holiday-shopping season

Citigroup Inc. (NYSE: C) traded in 164,176,079 shares early Wednesday, catching up on its all-day average of 545,199,000. Prices for C moved forward 1.9 percent to $5.04.

Leapfrog Enterprises Inc. (NYSE: LF) fell 24.7 percent Wednesday to $4.07. Volume for the stock was 4,035,933 shares or nearly seven times its daily average, after forecasting 2010 earnings below expectations.

BORN kicks higher, MGM has high volume, BPI falters

Monday, January 10th, 2011

China New Borun Corp. (NYSE: BORN) shares rose 11.6% to close at $12.02 Monday. Volume for the stock was 874,687 shares, falling short of its full-day average of 1,119,340. BORN is a leading producer and distributor of corn-based edible alcohol in China.

MGM Resorts International (NYSE: MGM) traded in 42,584,466 shares Monday, inching by its daily average of 36,782,900. Prices for MGM faded 0.1 percent to $16.33. Tuesday, MGM will launch M life (www.mlife.com), a loyalty program that leverages the combined power of its resorts in Las Vegas, Mississippi and Detroit.

Bridgepoint Education Inc. (NYSE: BPI) fell 8.7 percent Monday to $16.08. Volume for the stock of 946,302 shares more than doubled its daily average. BPI was among a host of education-based stocks that lost ground Monday.

HILL climbs, MSFT busy, CPLA schooled

Monday, January 10th, 2011

Dot Hill Systems Corp. (Nasdaq: HILL) shares gained 28.6% to $2.43 Monday. Volume of 1,025,822 shares proved more than six times its usual volume, on word that the Colorado-based storage solutions company projects fourth-quarter net revenue in the range of $65.0 to $65.5 million, compared to previous guidance of $58.0 to $62.0 million. Non-GAAP gross margin is expected to be in the range of 21% to 22%, compared to previous guidance of 19% to 20%.

Microsoft Corp. (Nasdaq: MSFT) did great volume Monday, trading in 31,172,497 shares, more than half its daily average of 57,160,700. Prices for MSFT demurred 1.4 percent to $28.20. Microsoft Corp. today announced that business-critical Windows 7 applications for the retail and hospitality industry will be demonstrated in its booth (No. 836) this year at the National Retail Federation’s 100th Annual Convention & Expo.

Capella Education Company (Nasdaq: CPLA) sustained a loss of 18.4 percent Monday to $54.79. Volume for the stock was 956,579 shares or nearly quadruple its daily average. CPLA provides exclusively online post-secondary education through its wholly-owned subsidiary Capella University.

ACAD climbs, F hiring, INUV suffers

Monday, January 10th, 2011

ACADIA Pharmaceuticals Inc. (Nasdaq: ACAD) shares gained 34.8% to $1.55 Monday. Volume of 8,207,414 shares proved 12 times its usual volume of 674,665, after ACAD entered into an agreement, to fund its research into Parkinson’s disease.

Ford Motor Company (NYSE: F) was a volume leader Monday, trading in 38,100,313 shares, nearly half its daily average of 82,773,700. Prices for F nipped up 0.9 percent to $18.43. The car maker Monday announced that it planned to hire more than 7,000 workers in the next two years.

Inuvo, Inc (Amex: INUV) got bruised 20.5 percent by noon ET Monday to $4.03. Volume for the stock was 153,338 shares, already surpassing its daily average of 131,311 shares. INUV announced today that revenue for the quarter ended December 31, 2010 would be approximately $14 million. This represents a 46% increase over the $9.6 million of revenue in the same quarter of 2009 and is slightly lower than the third quarter of 2010.