Posts Tagged ‘consumer discretionary’

GTN spikes, RF has great volume, WSM stumbles

Thursday, November 18th, 2010

Gray Communication Systems (NYSE: GTN) improved in price by 11.58 percent in Thursday afternoon trade to $1.70 Volume of 425,772 shares proved nearly double the stock’s three-month daily average. Atlanta-based GTN is a television broadcast company, operating 36 television stations serving 30 markets.

Regions Financial Corporation (NYSE: RF) did brisk trade Thursday afternoon, with 73,128,272 shares changing hands, quadruple its usual daily volume of 18,752,300 shares. RF shares trailed Wednesday’s close by 3.43 percent to $5.35.

Williams-Sonoma Inc. (NYSE: WSM) fell in price Thursday by 8.13 percent to $32.89. Volume of 7,246,547 shares more than tripled usual daily volume of 2,129,680 shares. WSM Thursday announced third-quarter Net revenues increased 11.8 percent to $816 million versus $729 million in the third quarter of fiscal 2009. GAAP Diluted Earnings per share increased to $0.34 from $0.07 in Q3 ’09.

CHS chugs along, INTC among volume kings, TKMR thumped

Wednesday, November 17th, 2010

Chico’s Fas, Inc. (NYSE: CHS) prospered 9.41 percent in price Wednesday to $11.02. Volume was 10,782,229 shares, more than doubling its daily average of 4,519,330. CHS, based in Fort Myers, Fla., Wednesday reported third-quarter net income of $28.8 million, or $0.16 per diluted share, for the third quarter compared to net income of $22.7 million, or $0.13 per diluted share, for last year’s third quarter.

Intel Inc. (NasdaqGS: INTC) had an active Wednesday, trading in 33,245,903 shares, though less than half of its three-month daily average of 68,021,700. The software giant’s shares lost 0.28 percent worth of steam in Wednesday trading to $21.01 just half an hour before the closing bell. INTC announced Wednesday that it has inked a letter of intent with China’s homegrown auto electronics enterprise Hangsheng to jointly set up an auto electronics laboratory,

Tekmira Pharmaceuticals Inc. (NasdaqCM: TKMR) fell in price Wednesday afternoon by 17.02 percent to $5.80. Its volume of 34,300 shares was still nearly double TKMR’s three-month daily average. The Vancouver-based in RNA interference therapeutics announced Monday third-quarter financials, featuring net loss of $2.7 million ($0.26 per common share) as compared to a net loss of $2.8 million ($0.27 per common share) for Q3 2009.

JGPK hits peak, CMGR moves shares, SPRA spurred back

Wednesday, November 17th, 2010

Jagged Peak Inc. (OTCBB: JGPK) ballooned in price by 471.43 percent Wednesday afternoon to 40 cents. Volume of 4,000 shares trumps JGPK’s 3-month daily average of 1,012.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in 769,140,544 shares Wednesday. Its price moved skyward 333.33 percent to 13-100ths of a cent. CMGR announced today that Camelot Distribution Group has signed a domestic deal for all-media rights with Grindstone Entertainment Group for its action movie “Fink!”, to be released through Lionsgate Home Entertainment in 2011.

Spur Ranch Inc. (OTCBB: SPRA) slid 92 percent in price Wednesday to 10 cents, on volume of 61,667 shares. Austin-based SPRA announced the formation of Spur Ranch Holdings, Inc., a wholly-owned subsidiary of Spur Ranch, Inc. Spur Ranch Holdings, Inc. is an equestrian-themed real estate development company that plans to offer the very finest amenities associated with high-end, exclusive, country club living.

IDT moves up, CSCO passes volume avg., CRC falls

Wednesday, November 17th, 2010

IDT Corporation (NYSE: IDT) increased 9.69 percent in price Wednesday to $22.18. Volume was 587,063 shares, more than doubling its daily average. IDT is a consumer services company with operations primarily in the telecommunications and energy industries

Cisco Systems Inc. (NasdaqGS: CSCO) Wednesday dealt in 71,003,842 shares, surpassing its three-month daily average of 67,852,400. CSCO shares inched forward 0.69 percent to $19.57. CSCO today announced that it leads in total USGv6 certification for routers, switches and firewalls, aligning with President Barack Obama’s recent directive that all U.S. government agencies upgrade their IT infrastructures in support of Internet Protocol version 6 (IPv6), as the remaining pool of IPv4 addresses shrinks.

Chromcraft Revington Inc. (AMEX: CRC) fell in price Wednesday afternoon by 18.5 percent to $1.63. Volume of 40,675 shares, dwarfed its three-month daily average of 3,592. Tuesday, CRC reported sales of $13,808,000 and a net loss of $1,933,000 for the three months ended October 2, 2010 as compared to sales of $16,030,000 and a net loss of $979,000 for the prior year period.

UTA takes flight, INTC has chipper volume, CTIB falters

Monday, November 15th, 2010

Universal Travel Group (NYSE: UTA) took off in Monday trading, gaining 9.59 percent in price to close at $5.94. Volume in UTA was 1,008,419, easily better than its three-month daily share average of 706,830. The Chinese-based company announced Monday that it will hold a conference call Tuesday to discuss its third-quarter financial results.

Intel Corp. (Nasdaq: INTC) was among the volume leaders Monday, trading in 42,935,569 shares, still below its three-month daily average of 68,486,200. The company stumbled a bit on the price scale, though, losing 1.02 percent to $21.31. INTC said Friday its board approved a 15-percent increase in quarterly cash dividends.

CTI Industries Corp. (NasdaqCM: CTIB) slumped 17.31 percent in price Monday to close at $ 5.35. Volume was 283,292 shares, or about nine times its average. The Lake Barrington, Ill-based company said last Tuesday its net income rose 19 percent in the third quarter as revenue edged up.