Posts Tagged ‘HSFT’

DEP surges, C clicks, HSFT softens

Wednesday, February 23rd, 2011

Duncan Energy Partners LP (NYSE: DEP) shares climbed 23.4% to $40.17 on share volume of 655,000, more than eight times its average, after Enterprise Products Partners LP (NYSE: EPD) said Wednesday that it offered to buy its smaller rival for more than $2.4 billion.

Citigroup Inc. (NYSE: C) traded in 212.4 million shares, catching up on a full-day average of 544.2 million shares. Share prices dipped 0.6% to $4.66.

HiSoft Technology International Limited (Nasdaq: HSFT) shares capsized 23.3% to $24.09, on share volume of 729,000, or nearly triple its daily average, after it announced that it will provide a bad debt provision of $3.5 million, or approximately $0.15 to $0.16 U.S. per ADS, for 2010

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HSFT strong, GE active, MITL slumping

Wednesday, December 1st, 2010

Hi-Soft Technology International Ltd. (NasdaqGS: HSFT) gained 16.7 percent to $32.50 mid Wednesday afternoon. Volume was 500,152 shares, three times its normal daily volume. The company is a leading China-based provider of outsourced information technology and research and development services

General Electric (NYSE: GE) Wednesday traded in 47,906,318shares, its normal share average around 57,468,400. Shares nudged up 2.84 percent to $16.28. GE Healthcare announced today a research agreement to collaborate with Janssen Pharmaceutica NV, L.L.C. (Janssen) to identify a biosignature related to Alzheimer’s disease.

Mitel Networks Corp. (NasdaqGM: MITL) in Wednesday afternoon trading, fell 11.31 percent to $5.80, on volume of 326,519 shares, far greater than its the full-day average of 57,628. The Ontario-based MITL is a leading provider of unified communications (UC) software solutions.

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