Posts Tagged ‘consumer discretionary’

GBE is a star, MSFT busy, SGOC sinks

Monday, December 20th, 2010

Grubb & Ellis Co. (NYSE: GBE) added 18.26 percent in price Monday to $1.36. Volume of 1,407,630 shares proved more than four times its full-day average. GBE is a leading real estate services and investment firm out of Santa Ana, Calif.

Microsoft Corp. (Nasdaq: MSFT) traded in 33,909,397 shares, making it a volume leader, but still below its daily average of 61,214,100. Share prices moved down 0.37 percent to $27.80. Microsoft and China Mobile signed a strategic cooperation memorandum on Friday.

SGOCO Technology, Ltd. (Nasdaq: SGOC) gave back 37.12 percent in price Monday to $5.03, on volume of 230,400 shares, its daily average not available at press time. The Chinese-based SGOC is a national distributor, designer and manufacturer of flat panel displays.

ADES goes skyward, MGM does loads of business, AMN trips

Monday, December 20th, 2010

ADA-ES, Inc. (Nasdaq: ADES) tacked on 11.05 percent in price Monday to $10.85 Volume of 378,513 shares proved more than 12 times its full-day average. ADES announced that the Tax Relief and Job Creation Act of 2010 extended the “placed-in-service” date for the Section 45 tax credits by two years to January 1, 2012.

MGM Resorts International (NYSE: MGM) traded in 29,662,833 shares, making it a volume leader, but still below its daily average of 35,939,000. Share prices moved up 4.55 percent to $14.27. MGM is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage.

Ameron International Corp. (NYSE: AMN) gave back 8.11 percent in price Monday to $77.29, on volume of 195,639 shares, nearly triple its daily average. AMN is a multinational manufacturer of highly-engineered products and materials for the chemical, industrial, energy, transportation and infrastructure markets.

CGSYQ takes flight, CMGR big on volume, ESYR price halved

Monday, December 20th, 2010

Capital Growth Systems Inc. (OTCBB: CGSYQ) climbed 525 percent to 25-100ths of a cent Monday. Volume of 1.73 million shares triumphed over its usual full-day average of 236,466. The Chicago-based CGSYQ is a leading telecommunications information and logistics company.

Camelot Entertainment Group Inc. (OTCBB: CMGR) did good business Monday, trading in 214.03 million shares, surpassing its usual full-day average of 161.76 million shares. The studio announced Monday that gross sales are expected to top 2,200,000 for 2010, with revenues expected to exceed $500,000.

EcoSystem Corp. (OTCBB: ESYR) took some punishment on Monday markets, losing 50 percent in price to one-100th of a cent. Volume of 3.33 million was way below its daily average of 19 million. ESYR is innovating industrial-scale applications of bioreactor technology that are designed to resolve compelling ecological challenges while producing valuable products.

JTX bounces, F trades, NBG slumps

Monday, December 20th, 2010

Jackson Hewitt Tax Service Inc. (NYSE: JTX) gained 13.57 percent in price Monday to $1.59. Volume of 3,350,769 shares more than quadrupled its full-day average. Based in Parsippany, N.J., JTX is an industry-leading provider of full service individual federal and state income tax preparation.

Ford Motor Co. (NYSE: F) traded in 27,160,761 shares, making it a volume leader, but still well below its daily average of 83,535,700. Share prices for the car maker moved up a mere 0.54 percent to $16.89. Ford said Monday U.S. auto sales in December are running at a 12-million unit annual rate, and it forecast sales to rise to almost 13 million next year.

National Bank of Greece SA Spon (NYSE: NBG.PA) gave back 5.55 percent in price Monday to $17.01, on volume of 165,026 shares.

ETM beaming, UNG strong volume, YOKU stumbles

Thursday, December 16th, 2010

Entercom Communications Corp. (NYSE: ETM) vaulted 10.16 percent in price Thursday to close at $10.30. Volume of 203,323 shares outdid its daily average of 158,803 shares. Entercom Communications Corp. is one of the five largest radio broadcasting companies in the United States, with a nationwide portfolio in excess of 100 stations in 23 markets.

United States Natural Gas Fund (NYSEArca: UNG) was a volume leader Thursday, trading in 48,552,547 shares, doubling its daily average of 24,676,700. Share prices for UNG eased 4.85 percent to $5.54.

Youku.com Inc. (NYSE: YOKU) fell 9.31 percent Thursday to close at $30.20, on volume of 5,865,290 shares, just better than half its daily average. YOKU is a leading Chinese Internet television company.