Posts Tagged ‘Industrial Stocks’

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.

Hats off to RHT, C busy, FUL empty

Thursday, March 24th, 2011

Red Hat Inc. (NYSE: RHT) shares rose 16.6% to $46.59 Thursday. Share volume was six million in the first trading hour, or triple its daily average, a day after the software company reported fourth-quarter revenue that beat forecasts.

Citigroup Inc. (NYSE: C) shares were selling to the tune of 83.6 million Thursday, catching up on a full-day average of 486.9 million. Share prices for C dipped 0.3% to $4.39, after announcing it might invest up to $4 billion in consumer businesses next year.

H.B. Fuller Co. (NYSE: FUL) shares fell 3.4% to $20.31, on volume of 251,759 (compared to a full-day average of 337, 240), a day after the manufacturer of adhesives and paints reported a first-quarter profit that missed expectations.

GTLS tops chart, SIRI volume star, GSS loses shine

Thursday, February 24th, 2011

Chart Industries Inc. (Nasdaq: GTLS) shares rose 12.7% to $42.74, on share volume of just over one million, triple its average, after the engineered-equipment maker forecast 2011 results higher than analyst predictions.

Sirius XM Radio Inc. (Nasdaq: SIRI) bought and sold 33.2 million shares Thursday, making it a volume leader, but shy of its daily average of 52.1 million. Prices jumped 1.5% to $1.71.

Golden Star Resources Inc. (AMEX: GSS) prices capitulated 14.8% to $3.34 Thursday, on share volume of 10.7 million or three times its normal average, after announcing Wednesday full-year gold revenues of $432.7 million, up 8% over 2009, and a net loss of $8.3 million or $0.032 per share.

PSGY makes grade, GERS active, BKPG dogs it

Thursday, February 24th, 2011

Princeton Security Technology Inc. (OTCBB: PSGY) was among the truly sparkling micro-caps Thursday, adding 66.7% in price to 20 cents. Volume was 106,000 shares, compared to a daily average of 15,831, a day after receiving new orders for its radiation detection technology.

Greenshift Corp. (OTCBB: GERS) traded in 43.4 million shares, making it a volume leader among small caps, though well below its usual average around 144.7 million. Share prices were flat at two-100ths of a cent.

Bark Group Inc. (OTCBB: BKPG) dipped 36.5% in price Thursday to 1.2 cents. Share volume was 289,600, in contrast to a daily average up around 831,000. BKPG is an innovative integrated U.S. advertising network of marketing companies with a multinational client base.

BW higher, INTC bolts, STS stutters

Thursday, February 24th, 2011

Brush Engineered Materials (NYSE: BW) jumped 22.6% in price to $42.26, on share volume of 351,000, better than triple its all-day average. This, after BW declared quarterly EPS of 61 cents, trouncing estimates of 46 cents, and revenues of $356 million, compared to estimates $305.13 million.

Intel (Nasdaq: INTC) did pretty fair volume Thursday, trading in 27.7 million, nearly half its daily average. INTC shares were flat at to $21.16 after announcing Thunderbolt Technology, a new high-speed PC connection technology that runs at 10Gbps.

Supreme Industries Inc. (AMEX: STS) stumbled in price to 22.2% to $2.45 Thursday, on share volume of 104,000, compared to a measly 8,129 for a daily average, after reporting net sales for the full year, of $220.9 million, up 19% from $186.1 million in 2009.