Posts Tagged ‘consumer discretionary’

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CRMD healthy, F rolls off lot, PWAV subsides

Monday, December 13th, 2010

CorMedix Inc. (AMEX: CRMD) boosted its price 18.31 percent to close Monday’s trading at $1.68. Volume for the stock was 85,819 shares, or about seven times its normal daily average. CRMD is a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal disease

Ford Motor Company (NYSE: F) traded in 52,625,749 shares, but still a whole lot less than its daily average of 84,557,800 shares. Share prices retreated 1.55 percent to $16.47. Ford said Monday it will begin construction on a new plant in Nanchang City, capital of east China’s Jiangxi Province, next year.

Powerwave Technologies Inc. (NasdaqGS: PWAV) backtracked 11.48 percent to close Monday at $2.39. Volume of 5,798,434 shares, more than tripled its full-day average. The company is a global leader in end-to-end wireless coverage and capacity solutions.

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ZVTK zips higher, CMGR trades, HHWW stumbles

Monday, December 13th, 2010

Zevotek Inc. (OTCBB: ZVTK) zoomed ahead 115.69 percent Monday to 1.1 cents, on volume of 67.89 million shares, compared with a daily average of 4.09 million shares. ZVTK is a New York-based a worldwide direct marketer and distributor of consumer products.

Camelot Entertainment Group Inc. (OTCBB: CMGR) was a volume leader among micro-caps Monday, with 307.51 million of its shares changing hands, compared to 145.08 million it usually trades. Prices fell 33.33 percent, however, on Monday to two-100ths of a cent. Camelot Entertainment Group, Inc. announced today that its animated classic PUFF THE MAGIC DRAGON will air as part of ABC Family annual “25 Days of Christmas” event tomorrow, at 7:00 p.m.

Horiyoshi Worldwide Inc. (OTCBB: HHWW) rather took it on the chin Monday, losing 66.88 percent of its strength to $1.04. Volume for the stock was 15.62 million, trampling on its usual volume of 2.2 million. The Los Angeles-based HHWW announced today that the Company has secured retail distribution with multi-brand department store, DASLU.

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ROL rolls, C rocks, CYTK rocky

Monday, December 13th, 2010

Rollins Inc. (NYSE: ROL) took on 54.44 percent Monday to come out of the starting blocks at $19.84. Volume was 75,263 shares, making headway on its normal daily average of 177,065. Atlanta-based Rollins is a premier North American consumer and commercial services company.

Citgroup Inc. (NYSE: C) proved among the volume leaders early Monday, trading in a brisk 130,924,832 shares, about a quarter its normal daily average of 530,261,000. Citigroup’s price inched up 0.21 percent to $4.78. CitiMortgage, Inc. has announced plans for an upcoming Mortgage Assistance Call-a-thon to take place from 7:00 AM December 15, 2010 until 1:00 AM on the morning of December 16, Eastern Standard Time. For the event, CitiMortgage (CMI) customers who have concerns about their ability to pay their mortgage can call into the company’s foreclosure prevention centers for information and advice.

Cytokinetics Inc. (NasdaqGM: CYTK) went south 19.45 percent to $2.36 soon after Monday’s opening. Volume for CYTK was 617,809, more than double its usual full-day volume. CYTK, based in San Francisco, announced the successful completion of its Phase IIa “Evidence of Effect” (EoE) clinical trial of CK-2017357 in patients with amyotrophic lateral sclerosis (ALS), also known as Lou Gehrig’s disease, during an oral presentation included in the Clinical Trials Session at the 21st International Symposium on ALS/MND in Orlando, Florida.

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EK in the picture, WFC opens vault, GAGA goes down

Thursday, December 9th, 2010

Eastman Kodak Company (NYSE: EK) jumped 11.64 percent to $5.32. Volume in the stock was 34,437,094 shares, or greater than six times normal share volume.

Wells Fargo & Company (NYSE: WFC) proved one of the main stocks for volume Thursday, trading in 38,037,913 shares, fairly consistent with its daily average. WFC prices gained a healthy 2.38 percent to $30.07. WFC, based in San Francisco, announced Thursday it has introduced an ATM Cash Tracker service to help customers manage their finances.

Le Gaga Holdings Limited (NasdaqGS: GAGA) was one of the biggest losers on the markets Thursday, dropping 18.53 percent to close at $7.30. Volume ahead of the bell was 510,739 shares, shy of its average of 711,511. The Hong Kong-based GAGA is one of the largest greenhouse vegetable producers in China as measured by the area of greenhouse coverage and one of the fastest growing major vegetable producers in China.

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AIG jumps, F rolls off the lot, TNGN stumbles

Thursday, December 9th, 2010

American International Group, Inc. (NYSE: AIG) hiked in price Thursday by 13.03 percent to $47.72. Volume in the stock was 20,815,012, or better than five times normal volume.

Ford motor Company (NYSE: F) traded in 37,567,113 shares Thursday, but considerably less than half its daily average of 84,616,400. Share prices were flat at $16.78. The car maker Thursday boasted that its 2011 Ford Explorer V6 fuel economy ratings are now EPA-approved at 17 mpg city and 25 mpg highway, a 25-percent improvement over the previous V6 model

Tengion Inc. (NasdaqGM: TNGN) took a hit in price 12.31 percent Thursday to $2.28, on volume of 48,517 shares, more than four times its normal full-day average. The Pennsylvania-based TNGN is a leader in regenerative medicine.

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