Posts Tagged ‘CSCO’

« Older Entries
Newer Entries »

CDTI leaps, CSCO posts strong volume, VRGY bruised

Thursday, November 18th, 2010

Clean Diesel Technologies Inc. (NasdaqCM: CDTI) prospered 19.13 percent in price in early Thursday afternoon trade to $18.25  Volume of 286,570 shares trumped the stock’s three-month daily average of 48,333. The Ventura, Calif.-based CDTI is a cleantech emissions reduction company.

Cisco Systems Inc. (NasdaqGS: CSCO) was a volume leader early Thursday afternoon, with 55,840,000 shares changing hands, against its usual daily volume of 68,212,800 shares. CSCO shares nipped ahead 0.8 percent Thursday in price to $19.56.

Verigy Ltd. (NasdaqGS: VRGY) fell in price early Thursday by 6.17 percent to $8.36. Volume of 4,340,000 shares trampled over usual daily volume of 628,148 shares. It was announced Thursday that LTX-Credence Corporation was being investigated for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to Verigy Ltd.

Tags: , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

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.

Tags: , , , , , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

FTK runs, CSCO does brisk business, MMYT tagged on taxes

Monday, November 15th, 2010

Flotek Industries Inc. (NYSE: FTK) galloped ahead 9.7 percent to $2.94. Volume was 1,511,761 shares, or triple its daily average in volume. Houston-based FTK manufactures and markets innovative specialty chemicals, downhole drilling and production equipment, and manages automated bulk material handling, loading and blending facilities.

Cisco Systems Inc. (NasdaqGS: CSCO) engaged in share volume of 79,993,770 in mid-afternoon trading Monday, climbing over its daily average of 67,017,800. CSCO stock skidded, though, by 0.62 percent in price to $20.02. The San Jose-based software giant announced Monday it will host a live Cisco TV broadcast and Q-and-A session to discuss what organizations need to consider as they transition to IPv6, a version of the Internet Protocol that is designed to succeed the current IPv4 protocol.

MakeMyTrip Limited (NasdaqGM: MMYT) got bruised in mid-afternoon trading Monday, losing 23.25 percent in price to $29.28. MYMT volume was 2,008,990 shares, or four times its daily average. The Indian travel company reported weak quarterly results and said it received a demand of service tax from regulators. For the second quarter, MakeMyTrip reported an adjusted profit of two cents a share in line with analysts view, according to Thomson Reuters I/B/E/S. Excluding service costs, revenue totalled $12.9 million, below estimates of $13.7 million.

Tags: , , , , ,
Posted in Industrial Stocks, Technology Stocks | No Comments »

OPTC greets new suitor, CSCO sells widely, ANW sinks

Thursday, November 11th, 2010

Optelecom-NKF Inc. (NasdaqCM: OPTC) leaped out of the blocks Thursday morning, gaining 50.57 percent to $2.38. Volume was 635,042 shares, in contrast with a three-month daily average of just over 5,600. The news comes amid word that Dutch company TKH Group N.V. has agreed to acquire all of the outstanding shares of Optelecom-NKF in an all cash merger transaction for $2.45 per share.

Cisco Systems Inc. (NasdaqGS: CSCO) proved the early volume leader Thursday, trading in 226,596,870 shares, nearly quadruple its daily average in just the session’s first hour.  The stock’s price, however, trailed yesterday’s close by 14.94 percent to $20.84. The news follows the networking equipment giant’s second-quarter forecast. Late Wednesday, Cisco said it expects sales for the three months ending in January to rise just three to five percent from a year ago — well short of the 13-percent growth that analysts surveyed by FactSet Research had been anticipating for year-over-year revenue.

Aegean Marine Petroleum Network (NYSE: ANW) fell hard in early dealings Thursday, losing 34.75 percent in price to $10.40, a new 52-week low. Volume of 7,332,076 shares dwarfed the daily average of 520,606. The Greek company said Wednesday its net income slid to $4.6 million, or 10 cents per share, compared with $14.1 million, or 33 cents per share, in the year-ago period. Excluding items it earned 16 cents, less than half what analysts expected.

Tags: , , , , , ,
Posted in Energy Stocks, Technology Stocks | No Comments »

CCCLU clicking, CSCO awaits Q1 results, IDSA slides on earnings info

Wednesday, November 10th, 2010

China Ceramics Company Ltd. (NasdaqCM: CCCLU) took off solidly, gaining 28 percent in mid-afternoon trade Wednesday to $8.00. Volume was only 200 shares, with daily average volume not available at press time. The leading Chinese manufacturer of ceramic tiles reported third-quarter revenues of $43.3 million, up 24.7 percent from the prior-year quarter, and gross profit of $13.8 million, up 24.2 percent from last year’s Q3.

Cisco Systems Inc. (NasdaqGS: CSCO) added 0.45 percent in price in mid-Wednesday trading to $24.46. Volume was 43,238,999 shares, reducing the gap with its daily volume average of 56,281,400 shares. The San Francisco-based tech giant is set to report results for the first quarter after Wednesday’s close.

Industrial Services of America Inc. (NasdaqCM: IDSA) dumped 20.38 percent in price Wednesday afternoon to $12.31. Share volume of 622,023 towered over its average of 171,574 shares. The dismal news follows word that IDSA reported Wednesday that net income for the third quarter fell 13.6 percent to $1.9 million, or 28 cents per share, from $2.2 million, or 37 cents per share in Q3 2009.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Industrial Stocks, Technology Stocks | 1 Comment »

« Older Entries
Newer Entries »