Posts Tagged ‘Financial Stocks’

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MSHL moves, MSFT busy, MAJC miserable

Monday, March 21st, 2011

Marshall Edwards, Inc.(Nasdaq : MSHL) shares boosted 13.3% to $1.70, on volume of 45,250 shares, shy of its all-day average of 57,758, after it announced today the publication of results from a Phase II clinical trial of intravenous Phenoxodiol in combination with cisplatin in women with platinum-resistant ovarian cancer.

Microsoft Corporation (Nasdaq: MSFT) dealt in 26.2 million shares, making it one of the leaders, but still short of its average of 58.7 million. Shares for the computer behemoth advanced 2.1% to $25.33, amid strength in the tech industry.

Majestic Capital Inc. (Nasdaq: MAJC) lost its parachute and dropped 72.7% in price Monday to $1.18, on volume of 1.3 million shares, towering over a daily average of around 5,300, as the company mulls bankruptcy following a termination of a merger agreement with Bayside Capital Partners.

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

CRIS soars, C active, S slips

Monday, March 21st, 2011

Curis Inc. (Nasdaq: CRIS) shares climbed 14% to $3.34, on three million shares, or five times its daily average, after the drug developer and its partner Roche Group announced positive results from a midstage study of their skin-cancer treatment.

Citigroup Inc. (NYSE: C) traded in 263 million shares Monday, closing in on a daily average of 482 million. C announced Monday it will slash the number of common shares outstanding through a 1-for-10 reverse stock split, and reintroduce a dividend

Sprint Nextel Corp. (NYSE: S) shares declined 13.4% to $4.38, on volume of 134 million shares, better than double its daily average of 55 million, a trading day after rival AT&T Inc. (NYSE: T) said it would acquire T-Mobile USA from Deutsche Telekom AG in a $39-billion deal that would make AT&T the largest U.S. wireless carrier.

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CRFN warms to buyout, MSFT high volume, VSCP goes backwards

Thursday, February 24th, 2011

Crescent Financial Corporation (Nasdaq: CRFN) rocketed 93.6% in price to $4.20, on share volume of 391,000, dwarfing an all-day average of 11,259, after announcing that Piedmont Community Bank Holdings was about to buy CRFN.

Microsoft Inc. (Nasdaq: MSFT) traded Thursday in 31.3 million shares, closing in on a daily average of 57.5 million. MSFT shares were flat at $26.61, after announcing a battle with Google to acquire more public school contracts in the U.S.

VirtualScopics Inc. (Nasdaq: VSCP) subtracted 17.3% to $2.15 Thursday, on share volume of 693,000, triple its daily average, after reporting full-year revenues were up 29% from last year.

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SAVW brilliant, TYRIA towers, CPSV tumbles

Thursday, February 24th, 2011

SavWatt USA Inc. (OTCBB: SAVW) shot ahead 263.2% to 1.38 cents. The stock was also a volume leader among micro-caps Thursday, trading in 41.5 million shares, compared to a daily average of 1.9 million, a day after the leader in LED lighting technology and the green revolution, signed a 10-year-lease for a new state-of-the-art facility called “SavWatt’s Eco Hub.”

Trey Resources Inc. (OTCBB: TYRIA) traded in 30.5 million shares Thursday, compared to an all-day average of 25.9 million. Prices for TYRIA were flat at one-100th of a cent.

Consumer Products Services Group Inc. (OTCBB: CPSV) capsized 40% in price to 2.1 cents Thursday, on share volume of 69,280, pursuing an all-day average of 105,719.

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Posted in Consumer Discretionary Stocks | No Comments »

NTES shows knack, BAC backtracks, JACK shows cracks

Thursday, February 24th, 2011

NetEase.com Inc. (Nasdaq: NTES) U.S.-listed shares rose 7.2% to $45.95, on share volume of 1.9 million, nearly triple its full-day average, after the Chinese provider of online games reported a fourth-quarter profit that beat Wall Street estimates late Wednesday.

Bank of America Corporation (NYSE: BAC) traded in 51.9 million shares before noon ET Thursday, catching up on an all-day average of 186.7 million. BAC prices dropped 1.9%, though, to $13.90.

Jack in the Box Inc. (Nasdaq: JACK) shares fell 5.8% to $21.95, on volume of 614,000, already outdistancing its daily average of around 541,000, a day after the fast-food chain reported its quarterly results and updated guidance for the year.

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Posted in Consumer Staples Stocks, Financial Stocks | No Comments »

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