Posts Tagged ‘Financial Stocks’

BTC soars, MSFT deals, ANTP fazed

Thursday, January 6th, 2011

Community Bankers Trust Corp. (AMEX: BTC) grew 36.1 percent in price Thursday to $1.47. Volume of 253,884 shares better than tripled its normal volume. Virginia-based BTC the holding company for Essex Bank.

Microsoft Corp. (Nasdaq: MSFT) traded in 65,285,889 shares traded, surpassing its daily average of 56,645,700. Prices for the stock gained 2.5 percent to $28.96. Thursday, MSFT unveiled the next generation of the Microsoft Surface experience featuring PixelSense technology.

Phazar Corp. (Nasdaq: ANTP) fell 17 percent in Thursday trading to $4.48. Volume for the stock was 51,639 shares, short of its daily average of 63,499, after announcing it was dropping its True Mesh Network Radio program.

IBCP higher, BAC busy, MCP downward

Thursday, January 6th, 2011

Independent Bank Corp. (Nasdaq: IBCP) shot 42 percent in price Thursday to $2.30. Volume of 859,892 shares trounced its daily average of 140,452. IBCP is the holding company of Independent Bank, a Michigan-based community bank.

Bank of America (NYSE: BAC) was again among the volume leaders, trading in 156,548,729 shares, catching up on a full-day average of 218,378,000. Prices for the stock lost one percent to $14.36.

Molycorp Inc. (NYSE: MCP) fell 11% to $54.00 Thursday, on volume of 9,154,013 shares, better than double its daily average. Colorado-based MCP is the only rare earth oxide, or REO, producer in the Western Hemisphere.

HAUP hops, C jumping, PSUN sets

Thursday, January 6th, 2011

Hauppage Digital Inc. (Nasdaq: HAUP) rushed ahead 34.2 percent in price Thurday to $3.18. Volume of 3,586,458 shares overwhelmed its daily average of 256,305. The world’s leading developer and manufacturer of TV tuner products for personal computers launched its new Colossus internal PCI Express board capable of recording component video and unencrypted HDMI video at up to 1080i from sources such as the Xbox360 and digital SLR cameras.

Citigroup Inc. (NYSE: C) was busy Thursday, trading in 343,135,504 shares, catching up on a full-day average of 541,733,000. Prices for the stock gained 0.3 percent to $4.99.

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) faltered 15 percent to $4.65 on volume of 752,638 shares, catching up on its daily average of 986,812. Pacific announced that its quarter-to-date same-store sales through January 1, 2011 declined 7%. The Company’s fourth quarter and fiscal year ends on January 29, 2011.

LCAV gains, BAC busy, TRID stumbles

Wednesday, January 5th, 2011

LCAVision Inc. (Nasdaq: LCAV) gained 27.7 percent in price Wednesday to $7.28. Volume of 233,275 shares nearly quadrupled its all-day average. The Cincinnati-based laser vision service today reported that 10,891 procedures were performed during the fourth quarter of 2010, compared with 11,718 procedures (68 vision centers) during the fourth quarter of 2009.

Bank of America Corp..(NYSE: BAC) traded in 111,654,355 shares, better than half its daily average of 216,652,000. Prices for the stock gained 1.65 percent to $14.48, a day after declaring dividends on preferred stock.

Trident Microsystems Inc. (Nasdaq: TRID) dipped 14.1 percent Wednesday to $1.64, on volume of 2,532,140 shares, nearly four times its full-day average, on news TRID introduced a new system-on-chip (SoC) family designed for the next generation of Web-enabled TVs.

OPXA soars, C deals, TSTY turns south

Wednesday, January 5th, 2011

Opexa Therapeutics Inc. (Nasdaq: OPXA) shares leaped 80.8 percent to $2.82. Volume of 3.2 million shares, triumphed over usual volume of 70,317. The Woodlands, Texas-based cell therapy company said that after meeting twice with the U.S. Food and Drug Administration, it is preparing a Phase III clinical study of Tovaxin, a drug intended to treat multiple sclerosis.

Citigroup (NYSE:C) was a volume leader Wednesday, trading in 122,929,357, gaining on a full-day average of 538,020,000. Shares gained 0.7 percent to $4.94.

Tasty Baking Company (Nasdaq: TSTY) shed 33 percent to $4.31, on 159,504, compared to usual volume of below 10,000. TSTY announced today that preliminary financial data indicate the Company did not achieve the expected operational cash savings from this bakery during the fourth quarter.