Posts Tagged ‘Financial Stocks’

AXK flies, CSCO steady, SCMF goes south

Thursday, February 17th, 2011

Accelr8 Technologies Corporation (Nasdaq: AXK) shares surged 56.9% to $3.17. Share volume was 637, 851 shares, or better than 20 times its daily average. AXK focuses to develop and commercialize an integrated system to identify bacteria and their mechanisms of antibiotic resistance in critically ill patients.

Cisco Systems Inc. (Nasdaq: CSCO) traded widely Thursday, dealing in 52.1 million shares Thursday, catching up on its daily average of 74.8 CSCO prices nipped up 0.7% to $18.70

Southern Community Financial Inc. (Nasdaq: SCMF) plummeted 14.9% in price Thursday to $1.26. Volume was 115,000 shares, better than five times its daily average, after entering into a consent order with regulators.

CAGC jumps, BAC busy, QTWWD slips

Thursday, February 17th, 2011

China Agritech, Inc. (Nasdaq: CAGC) shares advanced 7.3% to $7.96, on share volume of 584,738, already besting a full-day average of 417,211 after the company announced it is introducing an innovative new line of organic liquid compound fertilizers that improves crop drought resistance.

Bank of America (NYSE: BAC) proved a volume champion early on Thursday, trading in 30.1 million shares Thursday, approaching a daily average of 188 million. Share prices settled 0.2% to $14.81, after announcing Nexen had hired BAC to find B.C. Shale Gas Partners.

Quantum Fuel Systems Technological (Nasdaq: QTWWD) sank 15.6% in price Thursday to $5.04. Volume was 492,000 shares, trouncing a daily average of 59,000.

RBCN up, C clicks, ITRI swoons

Thursday, February 17th, 2011

Rubicon Technology Inc. (Nasdaq: RBCN) shares climbed 18.1% to $24.93. Share volumes topped four million, routing daily averages of 621,000, a day after the electronic-materials supplier projected a strong first quarter.

Citigroup Inc. (NYSE: C) dealt in 68.3 million shares Thursday, approaching a daily average of 539.1 million. Share prices crawled upward 0.1% to $4.91, after announcing some of its executives will be given stock grants.

Itron Inc. (Nasdaq: ITRI) shares fell 11.3% to $56.45, on volumes of 1.3 million shares, topping its daily average of 564,000, a day after the electric-grid provider projected guidance for 2011 beneath Wall Street’s estimates.

OEDV overwhelms, PTSH solid, SNAS swoons

Monday, February 14th, 2011

Osage Exploration and Development Inc. (OTCBB: OEDV) galloped ahead 185.7% in price to 20 cents Monday, on volume of 13,470 shares, well behind a daily average of around 75,000. OEDV is an independent exploration and production company with interests in oil and gas wells and prospects in the U.S. and Colombia.

PTS Inc. (OTCBB: PTSH) had a busy Monday, trading in 143 million shares, compared to its usual average of 12.5 million. Share prices were flat, though, at two-100ths of a cent. The Company’s current purpose is to seek, investigate and, if such investigation warrants, acquire an interest in business opportunities presented to it by persons or firms who or which desire to seek the perceived advantages of a Corporation.

Sino Assurance Inc. (OTCBB: SNAS) sagged 70% in price to 15 cents Monday on volume of 19,780 shares, 50% better than it trades most days. SNAS through its subsidiaries and variable interest entity, is mainly engaged in the provision of surety and tendering guarantees service to corporations and individuals in China.

DBD cashes in, BAC busy, NOK knocked

Monday, February 14th, 2011

Diebold Inc. (NYSE: DBD) shares added 6.4% to $34.91, on volume of 1.2 million shares, or more than triple its daily average, after the ATM manufacturer reported better-than-expected fourth-quarter results.

Bank of America Corporation (NYSE: BAC) traded in 62 million shares Monday, compared to a daily average of 189 million. Share prices inched up 0.5% to $14.84.

Nokia Corp. (NYSE: NOK) shares declined 5.4% to $8.85, on volume of 65.1 million shares, towering over a daily average of 24.2 after the Finnish phone maker announced an alliance with software giant Microsoft Corp. (Nasdaq: MSFT), whose stock fell 0.4% to $27.13.