Posts Tagged ‘FUQI’

RURL in a whirl, VRGY in crosshairs, FUQI in a funk

Monday, March 28th, 2011

Rural/Metro Corporation (NASDAQ: RURL) shares leaped 36.3% to $17.11. More than four million shares changed hands in the first hour, overwhelming a full-day average around 91,000, after it announced it has entered into a definitive agreement for the acquisition of the Company by the private equity firm Warburg Pincus in an all-cash transaction.

Verigy Ltd. (Nasdaq: VRGY) was among the volume leaders in the early going Monday, trading in 9.1 million shares, compared to a full-day average of 1.2 million. Share prices were up 0.4% to $14.23, amid stories Advantest was to buy Verigy for $1.1 billion.

Fuqi International Inc. (Nasdaq: FUQI) shares fell 5.7% to $3.17. Share volume topped 883,000, trumping its average of 568,635. The Chinese jewelry company again delayed the filing of its restated 2009 results, citing an internal investigation of cash transfers.

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Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

FUQI goes farther, INTC trades widely, LPHI under spotlight

Thursday, January 20th, 2011

Fuqi International Inc. (Nasdaq: FUQI) improved 14 percent Thursday to $5.73. Volume of 1,098,559 shares was a 40-percent boost on its full-day average.

Intel Corp. (Nasdaq: INTC) was a volume leader Thursday, dealing in 37,626,398 shares, short of its full-day average of 55,284,200. Share prices skidded 0.6 percent, however, to $20.89, on word the chip-maker was seen as winning E.U. acceptance for its deal to acquire McAfee.

Life Partners Holdings Inc. (Nasdaq: LPHI) shares peeled off 17.2 percent to $12.45. Volume was 539,205 shares, triple its daily average, on word the company is under investigation by the SEC.

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