Posts Tagged ‘INTC’

BIIB big, INTC popular, TDSC bruised

Monday, April 11th, 2011

Biogen Idec Inc. (Nasdaq: BIIB) shares climbed 7% to $78.44. Volume for the stock was 4.9 million, trumping its daily average of 1.8 million, after the biotechnology company said its experimental multiple-sclerosis drug showed promising results in two late-stage studies.

Intel Corp. (Nasdaq: INTC) was a busy company Monday, trading in 31.7 million shares, still short of its daily average of 59.8 million. Share prices for the chips-maker nipped up 0.3% to $20.07, after the company said its new processor for tablets is now available, as it tries to break into the fast-growing mobile market dominated by designs based on rival ARM Holdings PLC’s architecture.

3D Systems Corporation (Nasdaq: TDSC) took a 10.5% tumble in price Monday afternoon to $50.60, on volume of 1.2 million shares, far above its daily average of 247,000.

MSSR gets a bite, INTC softens, RVSN stumbles

Monday, April 4th, 2011

McCormick & Schmick’s Seafood Restaurants, Inc. (Nasdaq: MSSR) shares gained 29.2% to $9.20, on volume of 515,736 shares, overwhelming an average of 78,167, after Landry Restaurant Inc.’s chief executive said he planned to launch a hostile bid for the restaurant chain.

Intel Corp. (Nasdaq: INTC) traded in 25.1 million shares before the lunch break Monday, compared to a daily average of 61.4 million. Share prices were down 1.6% to $19.42, after its estimates were reduced at Sterne, who assigned a buy rating and $28 price target.

RADVision Ltd. (Nasdaq: RVSN) shares plummeted 12% to $10.53, on volume of 212,160 shares, its daily average below 60,000. The company announced today that based on preliminary results, RVSN expects to report revenues for the first quarter of 2011 of approximately $20.5 to $21.0 million. As a result, the net loss for the first quarter of 2011 is expected to range from $0.15 to $0.19 per diluted share on a GAAP basis and from $0.10 to $0.14 per diluted share on a non-GAAP basis.

MAKO climbs, INTC questionable, HRZ hurting

Thursday, March 31st, 2011

Mako Surgical Corp. (Nasdaq: MAKO) shares gained 11.4% to $23.89. Volume was 1.1 million shares, or nearly twice its daily average after the company said late Wednesday that it had an order for 11 surgery systems from Health Management Associations Inc. (NYSE: HMA)

Intel Corporation (Nasdaq: INTC) was a volume leader in early Thursday afternoon trading, dealing in 46.9 million shares, erasing the gap with its daily average of 59.2 million. Prices were 2.1% lower to $20.03, amid general weakness in the tech sector.

Horizon Lines Inc. (NYSE: HRZ) plummeted 25.9% in price to 94 cents, on volume of 5.4 million shares, nearly nine times its daily average, as the company contemplates bankruptcy.

OXM soars, INTC does business, UTA sinks

Wednesday, March 30th, 2011

Oxford Industries Inc. (NYSE: OXM) shares climbed 28.8% to $32.21. Volume for the clothing brand manager topped 981,000, towering over an average of 121,151, after it reported late Tuesday fourth-quarter earnings that beat consensus estimates.

Intel Inc. (Nasdaq: INTC) traded in 22.9 million shares Wednesday, compared to a daily average of 58.7 million. Shares listed lower 0.2% to $20.24.

Universal Travel Group (NYSE: UTA) U.S.-listed shares fell 20% to $4.31, on volume of more than a million shares, compared to an average of 339,000. This, after the Chinese travel-services provider delayed its fiscal 2010 conference call and the release of its financial statements from Wednesday to an unspecified date.

CMT balloons, INTC in disarray, CCI falls off throne

Monday, March 21st, 2011

Core Molding Technologies Inc. (AMEX: CMT) shares gained 19.7% to $7.30, on 96,756 shares, dwarfing its all-day average of 7,634 after the maker of truck accessories reported higher sales in its fourth quarter.

Intel Corporation (Nasdaq: INTC) traded in 36.6 million shares, making headway against an all-day average of 57.3 million shares, after the resignation of its senior vice president Anand Chandrasekher

Crown Castle International Corp. (NYSE: CCI) shares shed 4.7% to $37.32, on volume of 12.2 million shares, or six times its daily average, after Raymond James & Associates downgraded the operator of wireless infrastructure to outperform from strong buy.