Posts Tagged ‘LEI’

LEI takes off, F in drive, DEXO backpedals

Monday, November 29th, 2010

Lucas Energy Inc. (AMEX: LEI) surged 34.52 percent in price Monday afternoon to $2.65. Volume of 1,011,650 shares proved more than seven times its three-month average share volume. The Houston-based independent oil and gas company provided an internal management update based upon its revised Eagle Ford potential reserves.

Ford Motor Company (NYSE: F) was among late Monday’s volume leaders, trading in 32,426,966 shares, still quite short of its three-month average share volume of 82,101,100. Prices were down 0.99 percent to $15.94 U.S. automobile sales in November may almost match the fastest pace this year as demand for domestic manufacturers’ trucks and sport-utility vehicles rose.

Dex One Corporation (NYSE: DEXO) fell in price Monday afternoon by 15.45 percent to $4.65. Volume was 684,224 shares, or more than double its three-month average share volume. The Dex One interactive operations are based in Santa Monica, Calif., and are responsible for developing online and mobile solutions that distribute local business information to consumers.