Posts Tagged ‘GKK’

GKK gallops, CSCO clicks, CPE swoons

Monday, February 7th, 2011

Gramercy Capital Corp. (NYSE: GKK) vaulted 13.3 per cent to $4.68, on volume of 1.3 million shares, or better than twice its daily average. GKK is an integrated commercial real estate finance and property investment company.

Cisco Systems Inc. (Nasdaq: CSCO) traded in 31 million shares, tracking down a daily average of 73.6 million. Share prices nosed up 0.7 percent to $22.19

Callon Petroleum Company (NYSE: CPE) stumbled 8.8 percent Monday to $8.38. Volume was 1.4 million shares, compared to a daily average of 454,170. Monday, CPE announced it intends to offer nine million of its common shares.

GKK gets some traction, S trades widely, GNI in the swamp

Monday, January 10th, 2011

Gramercy Capital Corp. (NYSE: GKK) shares gained 10.4 percent to $3.09 Monday. Volume of 1,551,914 shares was more 2 1/2 times its usual volume. GKK is a self-managed integrated commercial real estate finance and property investment company.

Sprint Nextel Corp. (NYSE: S) traded in 47,181,985 shares Monday afternoon, approaching its daily average of 51,474,800. Prices for S trailed Friday’s close by 2.9 percent to $4.55. Consumers today will begin seeing TV advertising in a campaign touting the benefits of the company’s third 4G-capable smartphone.

Great Northern Iron Ore Properties (NYSE: GNI) dipped 21.6 percent Monday to $104.42. Volume for the stock of 121,377 shares proved 11 times its daily average, after Citron Research issued a negative report on the company.

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.

GKK grand, INTC in the chips, RPRX gets stung

Wednesday, December 1st, 2010

Gramercy Capital Corp. (NYSE: GKK) gained 12.09 percent to close Wednesday at $2.04. Volume of 431,895 shares was slightly less than average.

Intel Corp. (NasdaqGS: INTC) traded Wednesday in 52,197,726 shares, less than its daily share average of 62,444,600. Shares nudged up 1.52 percent to $21.48. INTC 52-week price peak is around $24.37

Repros Therapeutics Inc. (NasdaqCM: RPRX) took a licking by Wednesday’s close, losing 12.16 percent to $1.30, on volume of 221,792, slightly higher than daily average of 160,083. RPRX focuses on the development of oral small molecule drugs for major unmet medical needs that treat male and female reproductive disorders.

Early NYSE volume movers: Citigroup (NYSE: C), GTN.A, GKK tumbles

Monday, November 15th, 2010

Gray Television Inc, (NYSE: GTN.A) jumped 9.68 percent in price Monday morning to $1.70. Volume was 370 shares, compared to a three-month daily average of 1,458. The Atlanta-based Gray is a television broadcast company, currently operating 36 television stations serving 30 markets.

Citigroup Inc. (NYSE: C) proved the early volume leader in Monday trading, exchanging 103,146,803 shares, compared to its daily average of 470,269,000. C shares gained 1.17 percent to $4.34 in the first 90 minutes of trading. Bank stocks in general were busy Monday, amid increased speculation Ireland will get some sort of bailout from the European Union.

Gramercy Capital Corp. (NYSE: GKK) tumbled 11.17 percent in price to $15.50. Volume was 5,730 shares; three-month averages were not available at press time.