Posts Tagged ‘Financial Stocks’

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CTEI spikes, APTD busy, UNLA loses

Wednesday, January 19th, 2011

Cemtrex Inc. (OTCBB: CTEI) shot skyward Wednesday, gaining 122.2 percent in price to 10 cents. Volume of 31,000 shares closed the gap on a full-day average of 52, 585. CTEI is a world leader in providing environmental solutions to a variety of industries all over the world.

AlphaTrade.com (OTCBB: APTD) was one of the most widely traded micro-cap stocks Wednesday, dealing in 32.3 million, more than twice its all-day average. Prices for the stock dipped, however, 33.3 percent to six-100ths of a cent. APTD is a recognized financial data providing company specializing in real-time financial market data for major North American exchanges and markets.

Unilava Corp.. (OTCBB: UNLA) dropped sharply Wednesday, losing 52.9 percent to four cents. Volume for UNLA registered at 3.68 million, leaps an bounds better than its daily average of 158,710. UNLA announced Wednesday the first implementation of the their LOI with China Wi-Max Communications to identify funding and resource opportunities to support engineering and capital needs towards their joint venture, targeting markets of over $60 million U.S. in Beijing, Shanghai and Shenzhen.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »

OPXA pops, CSCO does business, MTG slumps

Wednesday, January 19th, 2011

Opexa Therapeutics Inc. (Nasdaq: OPXA) saw its price pop 18.1 percent to $2.48 Wednesday afternoon. Volume of 1,738,310 shares overwhelmed a full-day volume average of 269,989. OPXA is preparing to start a Phase 3 clinical study of its Tovaxin drug candidate for multiple sclerosis

Cisco Systems Inc. (Nasdaq: CSCO) traded Wednesday in 33,840,714 shares, only about half its full-day average. Prices for CSCO fell 1.9 percent to $20.82. CSCO announced Wednesday it will bring its fancy videoconference systems for teaching to several universities in Colorado, giving students at some remote, rural schools access to more classes.

MGIC Investment Corporation (NYSE: MTG) listed lower by 18.8 percent Wednesday to $9.46. Volume was 16,430,897 shares, four times its normal daily volume, on word that higher claims paid out last year hurt the company’s bottom line.

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Posted in Financial Stocks, Health Care Stocks, Technology Stocks | No Comments »

GENE jumps, BAC busy, COOL freezes

Wednesday, January 19th, 2011

Genetic Technologies Inc. (Nasdaq: GENE) vaulted 65.8 percent to $5.57 Wednesday. Volume of 538,264 shares trampled its full-day volume average of 17,027.

Bank of America Corporation (NYSE: BAC) was a volume leader Wednesday, trading in 99,658,930 shares, catching up on its full-day average of 217,463,000. Prices for the stock slid back 2.8 percent to $14.59, as lower prices for bank shares weighed on the markets.

Majesco Entertainment Company (Nasdaq: COOL) tanked 17.9 percent Wednesday to $1.15.  Volume for the stock was 1,426,060 shares, three times its normal daily volume. Tuesday, COOL reported quarterly net revenues decreased 2.2 percent to $23.4 million versus $23.9 million in the same period a year ago. During this same period, the Company reported an operating loss of $1.3 million, compared to an operating loss of $5.5 million in the fourth quarter of 2009.

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Posted in Financial Stocks, Health Care Stocks, Technology Stocks | No Comments »

CIMT catches fire, C trades widely, LNET eases off

Wednesday, January 19th, 2011

Cimatron Limited (Nasdaq: CIMT) climbed 17.4 percent to $4.30 Wednesday. Volume of 238,432 shares very nearly quadrupled its full-day volume average, on word CIMT has signed a partnership and distribution agreement with Atometric Inc., a provider of CNC micro-machining centers and contract micro-machining solutions.

Citigroup Inc. (NYSE: C) was a volume leader early Wednesday, trading in 249,690,475 shares, catching up on its full-day average of 554,789,000. Prices for the stock inched up 0.3 percent to $4.82., after Oppenheimer fixed an Outperform rating and $5.50 price target.

LodgeNet Interactive Corporation (Nasdaq: LNET) tanked 24 percent Wednesday to $3.13. Volume for the stock was 1,813,261 shares, seven times its normal daily volume. LNET is the leading provider of media and connectivity solutions designed to meet the unique needs of hospitality, healthcare and other guest-based businesses.

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LDK jumps, JPM busy, DANG slides

Tuesday, January 18th, 2011

LDK Solar Co, Inc. (NYSE: LDK) grew in price 10.7 percent to $13.40. Volume was a hefty 12,730,432 shares, more than twice its full-day volume average, on speculation that the recent buzz out of Germany about feed-in tariff cuts makes a hard cap on solar installations a lot less likely.

JP Morgan Chase & Co. (NYSE: JPM) was a volume leader Tuesday, trading in 40,111,730 shares, surpassing its full-day average of 38,489,000. Prices for the stock were flat at $44.78. This, amid word that Morgan wrongly foreclosed on 14 active-service military families and overcharged thousands more on their mortgages.

E-Commerce China Dangdang Inc. (NYSE: DANG) fell 8.5 percent to $31.00. Volume for the stock was 4,014,004 shares, just below its all-day average of 5,006,680. DANG is a leading business-to-consumer, or B2C, e-commerce company in China.

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Posted in Consumer Discretionary Stocks, Energy Stocks, Financial Stocks | No Comments »

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