Posts Tagged ‘Financial Stocks’

« Older Entries
Newer Entries »

SHZ jumps, BAC peddles wares, CDCS takes bruising

Monday, December 6th, 2010

China Shen Zhou Mining and Resrouces Inc. (AMEX: SHZ) picked 22.4 percent to $1.77 early Monday afternoon. Volume of 3,852,723 shares nearly quadrupled its normal full-day average volume. SHZ is engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China ,

Bank of America Corp. (NYSE: BAC) was among the volume leaders mid afternoon Monday, trading in 77,841,291 shares, catching up on its full-day average, which is near 203,314,000. The price slid, however, 1.26 percent to $11.71.

CDC Software Corp. (NasdaqGM: CDCS) took a beating in price 12.38 percent Monday afternoon to $6.23, on volume of 79,163 shares, besting its full-day average of 46,456. CDCS’ Ross Systems, Inc. announced today that it came out on the short end of a verdict Friday, in fraud litigation between Ross Systems, Inc. and Sunshine Mills, Inc., a major employer based in Red Bay , Alabama . In the lawsuit, Sunshine Mills alleged fraud related to the sale and implementation of a beta Ross ERP system in early 2005. The jury awarded a total of $61 million in damages to Sunshine Mills

Tags: , , , , , , ,
Posted in Energy Stocks, Financial Stocks | No Comments »

GKK cashes in, F busy, CWBS goes south

Monday, December 6th, 2010

Gramercy Capital Corp. (NYSE: GKK) gained in price by 17.26 percent to $2.65 Monday afternoon. Volume of 1,312,566 shares was nearly than triple its normal full-day average volume. SL Green Realty Corp announced an agreement to purchase investments from Gramercy Capital Corp. for an aggregate price of $390.8 million, including the assumption of $265.6 million in debt.

Ford Motor Company (NYSE:F) was among the volume leaders Monday afternoon, trading in 37,017,402 shares, making headway against its full-day average of 84,057,300. Prices tumbled 60 percent to $16.10 in late afternoon trading.

Commonwealth Bankshares Inc. (NasdaqGW: CWBS) stumbled in price 11.51 percent Monday afternoon to $1.00, on volume of 107,879 shares, nearly nine times its full-day average. Commonwealth Bankshares, Inc. is the parent of Bank of the Commonwealth, a community bank attuned to local issues and can respond to the needs of local citizens and businesses.

Tags: , , , , , ,
Posted in Consumer Discretionary Stocks, Financial Stocks | No Comments »

ABCW sets sail, S is sold, CYDE slides

Monday, December 6th, 2010

Anchor BanCorp Wisconsin Inc. (NasdaqGS: ABCW) perked 24.04 percent to $1.29 early Monday afternoon. Volume of 434,419 shares proved more than five times its normal full-day average volume. ABCW’s AnchorBank fsb subsidiary has 57 offices, all located in Wisconsin.

Sprint Nextel Corp. (NYSE: S) was among the volume leaders late Monday morning, trading in 71,293,636 shares, trumping its full-day average, which is near 45,928,900. The price gained 7.02 percent to $4.20 Sprint today unveiled its Network Vision blueprint to deploy a cost-effective, innovative network plan to further enhance voice quality and data speeds for customers across the United States.

CyberDefender Corp. (NasdaqGM: CYDE) slid in price 13.06 percent Monday afternoon to $2.53, on volume of 127,285 shares, tripling its full-day average just past lunch time. The L.A.-based CYDE is a provider of Internet security software, utilities and remote technical support services

Tags: , , , , , , ,
Posted in Financial Stocks, Technology Stocks | No Comments »

VRGY leaps, C busy, LTXC fades

Monday, December 6th, 2010

Verigy Ltd. (NasdaqGS: VRGY) improved 30.42 percent in Monday’s first hour to $11.92. Volume of 6,269,040 shares easily outdistanced its normal full-day average volume of 846,028. VRGY, which makes semiconductor test equipment, this morning said it received an unsolicited $12.15-a-share cash acquisition bid from Advantest

Citigroup (NYSE: C) assumed its place among the volume leaders early Monday morning, trading in 134,580,936 shares, its full-day average around 464,320,000. Share prices backtracked, however, 0.11 percent to $4.45.

LTXCredence Corp. (NasdaqGM: LTXC) gave back 16.8 percent in price Monday to $7.03, on volume of 1,523,632 shares, nearly doubling its full-day average in just the first hour. The global provider of ATE solutions weighed in this morning on the prospective Adventest-Verigy deal, believe that it, LTXCredence, would be a better fit for Verigy.

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

GMAN is good, GE gains, CIS subsides

Thursday, December 2nd, 2010

Gordmans Stores. Inc. (NasdaqGS: GMAN) improved 17.27 percent in price to $15.96 in afternoon trading Thursday. Volume of 192,316 shares easily doubled its normal full-day average volume. The Omaha-based apparel and home décor retailer Wednesday announced third-quarter net income increased 10.7% over Q3 2009 to $4.3 million.

General Electric (NYSE: GE) generated a lot of volume Thursday afternoon, trading in 41,587,505 shares, but less its full-day average of 57,943,600. GE shares inched up 1.78 percent to $16.59.

Camelot Information Systems (NYSE: CIS) lost 9.60 percent in price Thursday to $22.31, on volume of 518,555 shares, or nearly twice its full-day average. CIS is a leading domestic provider of enterprise application services and financial industry information technology services in China.

Tags: , , , , , , , ,
Posted in Consumer Discretionary Stocks, Financial Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »