Posts Tagged ‘GE’

ITT is it, GE active, CPF falters

Wednesday, January 12th, 2011

ITT Corp. (NYSE: ITT) shares gained 13.9% to $60.10 Wednesday after the defense contractor said it would split into three separate publicly traded companies. Volume of 14,510,255 overwhelmed a full-day average of 1,262,170.

General Electric Company (NYSE: GE) traded in 31,018,867 shares Wednesday, just better than half its all-day average of 57,041,400. Prices for GE were flat at $18.64. Wednesday, GE Intelligent Platforms announced the PCIE-5565PIORC low profile PCI Express reflective memory node card

Central Pacific Financial Corp. (NYSE: CPF) fell 8.2 percent Wednesday to $2.25. Volume for the stock was 924,167 shares or nearly 4 1/2 times its daily average, only a day after double-digit stock gains.

ASTM up, GE with bright volume, ESI falters

Monday, January 10th, 2011

Aastrom Biosciences Inc. (Nasdaq: ASTM) shares gained 22.7 percent to $3.19 Monday. Volume of 8,380,362 shares was more than 3 1/2 times its usual volume. The company will be presenting Phase 2 Surgical-DCM six-month results sometime this month.

General Electric Company (NYSE: GE) traded in 51,542,124 shares Monday afternoon, just shy of its daily average of 57,051,500. Prices for GE inched up 0.7 percent to $18.56. GE Energy Financial Services, and Bankers Commercial Corporation, a unit of UnionBanCal Corporation, announced today that they have purchased the first wind farm to start operations in one of the largest wind energy projects in the United States.

ITT Educational Services, Inc. (NYSE: ESI) dipped 12.3 percent Monday to $56.62. Volume for the stock of 1,899,031 shares doubled its daily average, and then some. ESI is a leading provider of post-secondary degree programs.

MIM climbs, GE flies, CPY slumps

Wednesday, December 22nd, 2010

MI Developments Inc. (NYSE: MIM) moved higher by 57.66 percent in price Wednesday to $30.05. Volume of 1,434,751 shares was more than five times its daily average. The company, based out of Aurora, Ontario, announced that its Board of Directors has received a reorganization proposal providing for the elimination of MID’s dual-class share structure.

General Electric Co. (NYSE: GE) traded in 31,770,698 shares Wednesday, giving it a commanding position among volume leaders, though about half of its usual trading prowess. Prices for GE gained 1.63 percent to $18.05. GE Aviation joined Lockheed Martin today to mark the 1000th Dowty advanced propeller system on a C-130J aircraft, in Marietta, Georgia. The C-130J will be delivered to Dyess Air Force Base by year’s end.

CPI Corp (NYSE: CPY) gave up 7.2 percent in price Wednesday to $20.87, on volume of 393,656 shares, or nearly five times its full-day average. Headquartered in St. Louis, CPY provides portrait photography services at approximately 3,000 locations in North America, principally in Sears, Walmart and Babies “R” Us stores.

PPHM gets oomph, GE trades widely, NAII loses strength

Monday, December 20th, 2010

Peregrine Pharmaceuticals Inc. (Nasdaq: PPHM) added 34.34 percent in price Monday to close at $2.23. Volume of 3,418,741 shares proved more than five times its daily average. The Calif.-based PPHM, a clinical-stage biopharmaceutical company today announced the completion of enrollment in the company’s Phase II dose confirmation trial of Cotara® in patients with recurrent glioblastoma multiforme (GBM), the deadliest form of brain cancer.

General Electric Company (NYSE: GE) traded in 40,410,548 shares, making it a volume leader, but falling short of its daily average of 59,801,500. Share prices were flat at $17.70. GE has received and is reviewing the engineering performance standards issued today by the U.S. Environmental Protection Agency for the second phase of the Hudson River dredging project, one of the largest environmental cleanups ever conducted in the United States.

Natural Alternatives International Inc. (Nasdaq: NAII) gave back 13.97 percent in price Monday to $5.85, on volume of 231,737 shares, swarming its daily average of 15,446. NAII, based in San Marcos, Calif., is a leading formulator, manufacturer and marketer of customized nutritional supplements.

CGEN boosted, GE busy, CERP slides

Thursday, December 16th, 2010

Compugen Ltd. (NasdaqCM: CGEN) prospered 16.32 percent in price Thursday to $4.49. Volume of 488,799 shares swamped its daily average of 76,429 shares. CGEN this week announced that administration of CGEN-15001 in an animal model of rheumatoid arthritis (RA) dramatically ameliorates the clinical symptoms of the disease. These results, combined with earlier results in an animal model of multiple sclerosis (MS), strongly support the therapeutic potential of CGEN-15001 for multiple autoimmune diseases and inflammatory conditions.

General Electric Company (NYSE: GE) was a volume leader Thursday, trading in 52,211,672 shares, falling short of its daily average of 59,748,000. Share prices for GE nipped up 1.60 percent to $17.77. GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30

Cereplast Inc. (NasdaqCM: CERP) fell 10.46 percent Thursday to close at $3.51, on volume of 99,792 shares, better by a half than its daily average. CERP is a leading manufacturer of proprietary bio-based, compostable and sustainable plastics.