Posts Tagged ‘Energy Stocks’

BNVI gains, MSFT active, CVVT falls hard

Thursday, January 13th, 2011

Bionovo Inc. (Nasdaq: BNVI) shares jumped 34.9 percent to $1.41 Thursday afternoon. Volume was 666,578, or nearly four times its full-day volume average. BNVI is a pharmaceutical company focused on the discovery and development of safe and effective treatments for women’s health and cancer.

Microsoft Inc. (Nasdaq: MSFT) traded in 53,058,639 shares Thursday, just a shade below its daily average of 57,799,300. Prices for the software maker tailed off 1.5 percent to $28.11.

China Valves Technology Inc. (Nasdaq: CVVT) got beaten up 16.3 percent Thursday to $7.30. Volume for the stock was 2,744,317 shares or more than five times its full-day average. CVVT is a leading Chinese metal valve manufacturer, based in Zhengzhou.

CT capital, AA does great business, MSCI muzzled

Thursday, January 13th, 2011

Capital Trust Inc. (NYSE: CT) shares climbed 22.8 percent to $2.32 Thursday afternoon. Volume was 657,552, or nearly six times its full-day volume average. CT is a finance and investment management company focused on the commercial real estate industry.

Alcoa Inc. (NYSE: AA) traded in 57,942,316 shares Thursday, more than doubling its daily average. Prices for AA were down 3.4 percent to $15.69, just days after reporting improved revenue and income figures for fiscal 2010.

MSCI Inc. Class A (NYSE: MSCI) plummeted 9.1 percent Thursday to $36.11. Volume for the stock was 1,538,410 shares or three times its full-day average after the investment analysis and market index company said margin growth may slow down in next few quarters as it increases its capital spending.

PCE pops, PAL steady, QBC reverses

Thursday, January 13th, 2011

Pacific Office Properties Trust. (AMEX: PCE) shares ballooned 75.5 percent to $3.58 early Thursday afternoon. Volume was 674,108, or more than 33 times its full-day volume average, after saying it will no longer attempt an initial public offering on the New York Stock Exchange.

North American Palladium Inc. (AMEX: PAL) traded in 5,700,732 shares Thursday, nearly doubling its daily average of 3,334,090. Prices for were up 2.6 percent to $7.38. Toronto-based PAL is a precious metals company focused on growing its production of palladium and gold in mining-friendly jurisdictions.

Cubic Energy Inc. (AMEX: QBC) fell 6.9 percent Thursday to $1.08. Volume for the stock was 192,919 shares besting its full-day average of 141,700. QBC is an independent company engaged in the development and production of, and exploration for, crude oil and natural gas.

SSN rises, F gets a jolt, LOOK down

Thursday, January 13th, 2011

Samson Oil and Gas Ltd. (AMEX: SSN) shares gained 22.6 percent to $1.90 early Thursday afternoon. Volume was 3,082,016, or more than five times its full-day volume average. The Australia-based SSN’s principal business is the exploration and development of oil and natural gas properties in the United States

Ford Motor Company (NYSE: F) traded in 65,058,288 shares Thursday, catching up to its daily average of 82,882,200. Prices for the car maker were up 0.6 percent to $18.82. F announced Thursday its Focus Electric will offer an innovative home charging station for customers that delivers several benefits for a convenient and simple experience. The unit was jointly developed with Leviton, a leading North American producer of electrical devices.

LooKSmart Ltd. (Nasdaq: LOOK) fell 13.7 percent Thursday to $1.70. Volume for the stock at 612,508 shares proved 11  times its full-day average. Thursday, LOOK projected fourth-quarter revenues in the range of $9.7 million to $9.9 million, Net income for the fourth quarter of 2010 is expected to be in the range of $0.0 million to $0.1 million.

BRN gains momentum, MSFT has good volume, FRBK loses air

Wednesday, January 12th, 2011

Barnwell Industries Inc. (AMEX: BRN) shares gained 23.6% to $7.50 Wednesday. Volume of 183,617 shares dwarfed its full-day average of 9,411. Barnwell engages in oil and natural gas exploration, development, production and sales in Canada.

Microsoft Inc. (Nasdaq: MSFT) traded in 42,033,218 shares Wednesday, approaching its daily average of 57,414,000. Prices for MSFT nudged ahead 1.2 percent to $28.45.

Republic First Bancorp. (Nasdaq: FRBK) fell 8 percent Wednesday to $2.75 Volume for the stock was 132,273 shares, or about 2 1/2 its daily average. FRBK is a full-service, state-chartered commercial bank with offices and branches throughout Pennsylvania and New Jersey.