Posts Tagged ‘DV’

DV spreads wings, GE turns light on, SE mulls bids

Wednesday, January 26th, 2011

DeVry Inc. (NYSE: DV) shares hurtled skyward 13.3 percent to $53.66 Wednesday, on volume of nearly three million shares, or about triple its daily average, on quarterly profits jumped 22 percent over the same quarter last year and its revenue rose 17 percent.

General Electric Company (NYSE: GE) traded in 52.1 million shares Wednesday, just shy of its daily average of 58.8 million. Share prices crept up 0.2 percent to $20.02, as President Obama’s State of the Union address made reference to bolstering infrastructure, boosting companies like GE.

Sara Lee Corporation (NYSE: SLE) shares lost 6.3 percent to $18.40 Wednesday, on volume of 27.2 million shares, nearly four times its daily average. The Downers Grove, Illinois-based packaged food company appears to be weighing bids from two suitors, bids that could be made public as early as Friday.

PLA jumps, BAC busy, DV falters

Monday, January 10th, 2011

Playboy Enterprises Inc. (NYSE: PLA) shares gained 16.8% to $6.08 Monday. Volume of 6,658,738 shares dwarfed its usual volume of 126,632, after the publisher said it had inked a deal with IconAcquisition Holdings LP to be taken private.

Bank of America Corp. (NYSE: BAC) traded in volume of 90,768,343 shares, catching up on its daily average of 222,870,000. Prices for BAC nipped up 0.6 percent to $14.33.

DeVry, Inc. (NYSE: DV) tanked 14.2 percent in Monday to $40.79. Volume for the stock was 1,839,619 shares, nearly double its daily average. DeVry University is one of the largest, private sector universities in North America, with nearly 93,000 students enrolled in the United States and Canada.