Posts Tagged ‘F’

LEI takes off, F in drive, DEXO backpedals

Monday, November 29th, 2010

Lucas Energy Inc. (AMEX: LEI) surged 34.52 percent in price Monday afternoon to $2.65. Volume of 1,011,650 shares proved more than seven times its three-month average share volume. The Houston-based independent oil and gas company provided an internal management update based upon its revised Eagle Ford potential reserves.

Ford Motor Company (NYSE: F) was among late Monday’s volume leaders, trading in 32,426,966 shares, still quite short of its three-month average share volume of 82,101,100. Prices were down 0.99 percent to $15.94 U.S. automobile sales in November may almost match the fastest pace this year as demand for domestic manufacturers’ trucks and sport-utility vehicles rose.

Dex One Corporation (NYSE: DEXO) fell in price Monday afternoon by 15.45 percent to $4.65. Volume was 684,224 shares, or more than double its three-month average share volume. The Dex One interactive operations are based in Santa Monica, Calif., and are responsible for developing online and mobile solutions that distribute local business information to consumers.

Irish theme continues with AIB, F in gear, HEAT cools

Thursday, November 18th, 2010

Allied Irish Banks (NYSE: AIB) gained 9.26 percent in price in early trading Thursday to $1.18. Volume of 3,292,252 shares rapidly approached the stock’s three-month daily average of 5,221,820. AIB announced Thursday that it will issue an Interim Management Statement during the day on Friday, November 19.

Ford Motor Company (NYSE: F) shares flew off the shelves Thursday near noon, with volume of 109,785,493 shares towering over its usual daily volume of 77,227,800. Shares slid 1.95 percent Thursday, however, to $16.35. The carmaker currently the top shareholder in Mazda Motor Corp. announced Thursday that it will sell about 70% of its shareholdings in the Japanese automaker on the Tokyo stock market Friday, but the two automakers are expected to maintain their strategic alliance.

SmartHeat Inc. (NasdaqGM: HEAT) fell in price early Thursday by 10.71 percent to $5.05. Volume of 1,885,516 shares proved nearly five times its average for a full day. The company announced Thursday the pricing of its previously announced public offering of 5,000,000 shares of its common stock pursuant to an effective shelf registration statement at a public offering price of $5.00 per share. The transaction is expected to close on or about November 23.

LDSH jumps on buyout news, F decorated, RINO stumbles on suit

Wednesday, November 17th, 2010

Ladish Co. Inc. (NasdaqGS: LDSH) increased 55.44 percent in price Wednesday to $45.59. Volume was 3,969,419 shares, easily trumping its daily average of 86,967. Wednesday,  Allegheny Technologies, a maker of specialty metals including titanium alloys, said it would pay $778 million in cash and stock to acquire Ladish of Cudahy, Wisconsin, which makes forged and cast parts for jet engines and other industrial applications.

Ford Motor Company (NYSE: F) was a volume leader early Wednesday, dealing in 44,842,506 shares, compared to its three-month daily average of 76,199,500. The carmaker saw its stock price inch ahead 1.88 percent to $16.82. Ford said its 2011 Taurus, Super Duty and Mustang GT have earned Kelley Blue Book’s kbb.com Best Resale Value Awards in the full-size car, full-size pickup and high-performance car categories, respectively

RINO International Company (NasdaqGS: RINO) fell in price in early trading Wednesday by 16.78 percent to $5.95. Volume was 3,421,180 shares, more than triple its three-month daily average. On Wednesday, RINO revealed it was the target of a lawsuit on behalf of investors who purchased the common stock of RINO International Corporation from March 31, 2009 to November 11, 2010.

BUCY jumps on M&A news, F sells on Focus news, THOR skips a beat

Monday, November 15th, 2010

Bucyrus International Inc. (NasdaqGS: BUCY) exploded in price 28.67 percent to $89.58 Monday morning. Its pre-noon volume of 18,060,713 shares dwarfs its full-day average high of 1,896,260.  The jump comes on word that Caterpillar, the world’s largest maker of mining and construction equipment, is making a try for a $8.6-billion acquisition of Bucyrus International, a maker of draglines, drill, shovels and other equipment used by coal miners.

Ford Motor Company (NYSE: F) was among the volume leaders Monday morning, dealing in 83,650,404, surpassing the car maker’s average daily volume.  The shares price hiked 4.23 percent to $16.99. Ford announced Monday that it will introduce the battery-powered Focus compact, its first all-electric passenger car, in 19 U.S. cities in late 2011.

Thoratec Corp. (NasdaqGS: THOR) headed south in price 19.22 percent as Monday’s clock approached noon to $25.00. Volume was 7,367,749 shares, better than seven times its daily average.  The Pleasanton, Calif.-based heart device maker made news last week in announcing it was selling its diagnostic test business to private equity firm Warburg Pincus LLC for $55 million.

PRPH points higher, F rolls off lot, AH ailing

Thursday, November 11th, 2010

ProPhase Labs Inc. (NasdaqGM: PRPH) charged ahead in early afternoon trading Thursday, gaining 32.69 percent to $1.38. Volume was 25,509 shares, or more than four times its daily average. The drug company, based in Doylestown, Pa., Wednesday reported quarterly net sales of $5.20 million for the three months ended September 30, 2010, compared to net sales of $4.98 million for the prior-year quarter. PRPH realized quarterly net income of $947,000, or $0.06 per share, compared to net income of $1.2 million, or $0.09 per share, the year before.

Ford Motor Company (NYSE: F) sold widely Thursday, reporting volume in the early afternoon of 59,075,023 shares, compared to a full-day average of 69,745,000.  F shares stepped back 0.57 percent, though, to $16.55. Thursday, Ford Motor Co. Chief Executive Officer Alan Mulally said the company “deeply” appreciates the efforts by President Barack Obama and Ambassador Ron Kirk to negotiate a “meaningful” free trade agreement with Korea. Ford will continue to work closely with the Obama administration and Congress to fully open the Korean market to American-made cars and trucks.

Accretive Health Inc. (NYSE: AH) fared not so well in early Thursday afternoon trading, falling in price by 10.15 percent to $8.76. Volume in AH stock was 323,279 shares, compared to a daily average volume of 104,111 shares.  The Chicago-based company, which helps hospital systems manage their revenue cycles, said Thursday it turned a profit in the third quarter. AH said its net income totaled $2.9 million, or three cents per share. In the third quarter of 2009, the company distributed $8 million in dividends on preferred shares, and reported a loss of $3.8 million, or 11 cents per share. Its revenue rose 18 percent to $158.4 million from $134.5 million. However, analysts expected a profit of six cents per share and $172.4 million in revenue.