Posts Tagged ‘IDSA’

IDSA in orbit, S vocal, CISG capsizes

Monday, March 28th, 2011

Industrial Services of America Inc. (Nasdaq: IDSA) shares gained 16.6% to $11.72. Share volume was 263, 718, trumping an all-day average of less than 52,000, after the waste manager reported a higher fourth-quarter profit from the year-ago period.

Sprint Nextel Corporation (NYSE: S) dealt in 43.9 million shares, catching up on its daily average of 62.2 million. Prices hiked 1.2% to $4.74, after the company spoke out against the acquisition of T-Mobile USA by rival AT&T.

CNinsure Inc. (Nasdaq: CISG) U.S.-listed shares were off 11.6% to $11.97. Share volume was 2.5 million, or more than four times its daily average, after the Chinese insurer and brokerage late Friday said it would sell Beijing Fanhau Datong Investment Management Co. Ltd. for nearly $64 million.

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Posted in Financial Stocks, Industrial Stocks, Technology Stocks | No Comments »

ELGX excels, INTC moving, IDSA idles

Wednesday, February 23rd, 2011

Endologix Inc. (Nasdaq: ELGX) shares rose 13.6% to $6.25, on share volume topping two million, more six times its average, after the maker of medical devices reported fourth-quarter income that beat Wall Street’s expectations.

Intel Corp. (Nasdaq: INTC) traded Wednesday in 72.2 million shares, surpassing a daily average of 53.3 million. Prices for the chip-maker skidded 2.7% to $21.22.

Industrial Services of America (Nasdaq: IDSA) faded 16.4% to $10.75 Wednesday, on share volume of more than 301,000, quintuple its daily average, after issuing guidance for last year’s fourth quarter, during which revenue is expected to be between $96 and $101 million compared with $37.7 million for the fourth quarter of 2009.

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Posted in Health Care Stocks, Technology Stocks | No Comments »

CCCLU clicking, CSCO awaits Q1 results, IDSA slides on earnings info

Wednesday, November 10th, 2010

China Ceramics Company Ltd. (NasdaqCM: CCCLU) took off solidly, gaining 28 percent in mid-afternoon trade Wednesday to $8.00. Volume was only 200 shares, with daily average volume not available at press time. The leading Chinese manufacturer of ceramic tiles reported third-quarter revenues of $43.3 million, up 24.7 percent from the prior-year quarter, and gross profit of $13.8 million, up 24.2 percent from last year’s Q3.

Cisco Systems Inc. (NasdaqGS: CSCO) added 0.45 percent in price in mid-Wednesday trading to $24.46. Volume was 43,238,999 shares, reducing the gap with its daily volume average of 56,281,400 shares. The San Francisco-based tech giant is set to report results for the first quarter after Wednesday’s close.

Industrial Services of America Inc. (NasdaqCM: IDSA) dumped 20.38 percent in price Wednesday afternoon to $12.31. Share volume of 622,023 towered over its average of 171,574 shares. The dismal news follows word that IDSA reported Wednesday that net income for the third quarter fell 13.6 percent to $1.9 million, or 28 cents per share, from $2.2 million, or 37 cents per share in Q3 2009.

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Posted in Consumer Discretionary Stocks, Industrial Stocks, Technology Stocks | 1 Comment »