Posts Tagged ‘IBCP’

MOBI clicks, FITB active, IBCP tumbles

Thursday, January 20th, 2011

Sky-Mobi Limited (Nasdaq: MOBI) shot 12.9 percent higher Thursday to $5.83. Volume of 1,239,238 shares proved better than double its full-day average. MOBI operates the leading mobile application store in China.

Fifth Third Bancorp (Nasdaq: FITB) dealt in 73,558,234 shares, six times its full-day average. Share prices dipped 1.6 percent to $14.38, after revealing it had repaid $1.7 billion to TARP.

Independent Bank Corporation (Nasdaq: IBCP) shares slid 18.5 percent to $2.90. Volume was 677,526 shares, more than double the daily average. IBCP is is a Michigan-based bank holding company with total assets of approximately $2.7 billion.

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IBCP higher, BAC busy, MCP downward

Thursday, January 6th, 2011

Independent Bank Corp. (Nasdaq: IBCP) shot 42 percent in price Thursday to $2.30. Volume of 859,892 shares trounced its daily average of 140,452. IBCP is the holding company of Independent Bank, a Michigan-based community bank.

Bank of America (NYSE: BAC) was again among the volume leaders, trading in 156,548,729 shares, catching up on a full-day average of 218,378,000. Prices for the stock lost one percent to $14.36.

Molycorp Inc. (NYSE: MCP) fell 11% to $54.00 Thursday, on volume of 9,154,013 shares, better than double its daily average. Colorado-based MCP is the only rare earth oxide, or REO, producer in the Western Hemisphere.

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Posted in Energy Stocks, Financial Stocks | No Comments »