Posts Tagged ‘consumer discretionary’

ICRD sprints, CIST sizzles, DOLV dives

Thursday, December 2nd, 2010

International Card Establishment Inc. (OTCBB: ICRD) leaped in price 150 percent to 2.5 cents Thursday, on volume of 48,110, edging past its normal share volume of 42,535 shares. The Company is a provider of products and services to the electronic transaction processing industry,

Causeway Entertainment Co. (Pink Sheets: CIST) did a fair bit of business Thursday afternoon, trading in 1.39 million shares. The stock’s normal daily average is around 547,541. Shares advanced 2.78 percent to 1.85 cents. Boston-based Causeway Entertainment is focused on capitalizing on the constantly growing Mixed Martial Arts (MMA) sports industry.

Dolat Ventures Inc. (OTCBB: DOLV) plummeted 79.33 percent in price Thursday afternoon to 3.1 cents. Volume in this stock was about 5,000 shares, slightly more than its normal-share average of 4,659. New York-based DOLV intends to mine, sell, market, cut and distribute its diamonds and gems around the world.

KUTV sings, LVS deals, CYDE goes south

Thursday, December 2nd, 2010

Ku6 Media Co., Ltd.(NasdaqGM: KUTV) gained in price 26.66 percent to $7.60 in afternoon trading Thursday. Volume was 503,156 shares, more than 11 times its normal full-day average volume. Ku6 Media Co., Ltd. operates as an online video company in the People’s Republic of China.

Las Vegas Sands Corp. (NYSE: LVS) had great volume Thursday afternoon, dealing in 68,612,504 shares, more than double its full-day average of 33,340,400. Shares dropped 4.32 percent, however, to $49.12. LVS’ Hong Kong- listed unit Sands China Ltd. said the Macau government rejected an application to develop the final two land parcels in its China expansion plan.

CyberDefender Corporation (NasdaqGM: CYDE) dropped 14.89 percent early afternoon Thursday to $2.80, on volume of 229,988 shares, more than six times its full-day average. The Los Angeles-based CYDE, a provider of Internet security software today announced the award of a patent on its Threat Protection Network.

MOV moves, S does brisk trade, CN sheds in price

Thursday, December 2nd, 2010

Movado Group Inc. (NYSE: MOV) gained in price 21.99 percent to $15.20 in early afternoon trading Thursday. Volume was 176,688 shares, more than double its normal full-day average volume. The company based in Paramus, N.J., said Thursday that it earned $16.9 million, or 68 cents per share, for the three months ended Oct. 31. That compares with a loss of $20.9 million, or 85 cents per share, a year ago.

Sprint Nextel Corporation (NYSE: S) had great volume leaders Thursday afternoon, dealing in 87,500,069 shares, more-than double its full-day average of 44,845,900. Shares nudged up 4.38 percent to $3.93. Digi International today introduced the industry’s first commercial-grade integrated 4G routers – the Digi Connect WAN 4G and ConnectPort X4 4G. Certified by Sprint and Clearwire, the routers provide next generation, high-speed, low latency connectivity via 4G networks to remote sites, devices and device/sensor networks.

CNinsure Corp. (NasdaqGS: CISG) dropped 21.17 percent early afternoon Thursday to $17.46, on volume of 1,560,720 shares, nearly twice-and-a-half its average daily volume. The Chinese-based CISG is a leading independent insurance intermediary company.

KKR up, BAC a volume leader, KR slips

Thursday, December 2nd, 2010

Krispy Kreme Doughnuts (NYSE: KKD) found its stock price 18.18 percent sweeter to $7.28 as the clock approached noon ET Thursday. Volume was 3,325,872 shares, more than five times its normal full-day average volume. The North Carolina-based chain reported third-quarter results Wednesday showing revenues increased 7.9% to $90.2 million from $83.6 million in the same quarter last year.. Operating income rose to $4.1 million from $633,000

Bank of America Corporation (NYSE: BAC) was among the volume leaders Thursday noon ET, dealing in 153,785,857 shares, closing in on its full day average of 201,913,000. Shares nudged up 2.88 percent to $11.61.

Kroger Company (NYSE: KR) dropped 8.76 percent by noon Thursday to $21.77, on volume of 22,100,457 shares, nearly four times its average daily volume. Today, KR reported third-quarter net earnings totaled $202.2 million, or $0.32 per diluted share. In the third quarter of fiscal 2009, Kroger reported a net loss of $874.9 million, or $1.35 per diluted share

SUGO grows, CMGR trades

Thursday, December 2nd, 2010

Sungro Minerals Inc. (OTCBB: SUGO) flew out of the starting gate Thursday, rocketing up in price 135.29 percent to four cents. Volume for this stock topped 2.05 million, trampling over its usual volume of 186,864 shares. The Rhode Island-based SUGO is an early-stage mining and exploration company seeking to acquire, develop, and manage various mineral properties and resources.

Camelot Entertainment Group Inc. (OTCBB: CMGR) proved one of the volume leaders among micro-caps Thursday morning, trading in 71.57 million shares, compared to a daily average of 105.7 million. Prices were off 20%, however, to four-100ths of a cent.