Posts Tagged ‘LVLT’

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CAK soars, LVLT basks, YUII ails

Wednesday, April 13th, 2011

CAMAC Energy Inc. (AMEX: CAK) was a surprise victor among market movers Wednesday, gaining 51.8% in price to $2.08. Volume was 6.1 million shares, or 12 times its normal full-day average.

Level 3 Communications Inc. (Nasdaq: LVLT) proved one of the most popular movers on Wall Street Wednesday, trading in 39.4 million shares, or twice its full-day average. Prices for the stock inched ahead 0.6% to $1.68, a day after announcing it was buying Global Crossing for $3 billion.

Yuhi International Inc. (Nasdaq: YUII) took a slip Wednesday, docking its price by 18.6% to $5.42, on 447,000 shares, compared to normal volume around 92,600.

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GLBC flies, C steady, ADES ails

Monday, April 11th, 2011

Global Crossing Ltd. (Nasdaq: GLBC) shares surged 60.4% to $23.74, on volume of close to seven million shares, overwhelming a daily average around 146,000, after Internet infrastructure provider Level 3 Communications Inc. (Nasdaq: LVLT) said it would acquire its smaller rival..

Citigroup Inc. (NYSE: C) was a volume champion in early trading Monday morning on Wall Street, dealing in 94.5 million shares, compared to 478.8 million. Share prices were off 0.6% to $4.54, after announcing C was putting its European headquarters on the market for $1.6 billion.

ADA-ES Inc. (Nasdaq: ADES) swooned 38% Monday morning to $13.68, on volume of 335,700 shares, compared to regular volume of 52,729, after an arbitration panel ordered ADES to $38 million to Norit Americas for breach of contract.

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AMMD gets bought, LVLT lively, QUIK drops quickly

Monday, April 11th, 2011

American Medical Systems Holdings Inc. (Nasdaq: AMMD) shares gained 32.1% to $29.50 on volumes topping 17 million shares, in contrast to a daily average of less than one million. This, after Endo Pharmaceuticals Holdings Inc. (Nasdaq: ENDP) said it would buy the urological medical-devices supplier for about $2.6 billion.

Level 3 Communications Inc. (Nasdaq: LVLT) shares tumbled off the shelves early Monday, trading in 120 million in all, or six times the business it would normally do in a day. Prices for the stock forged ahead 14.9% to $1.66, on word the company was set to buy Global Crossing for $2 billion.

QuickLogic Corp. (Nasdaq: QUIK) shares fell 16.8% to $4.05, on volume of 753,000 or nearly double its full-day average, after the semiconductor company late Friday lowered its first-quarter revenue outlook.

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MEMC a maniac, LVLT levels off, BRCM wobbles

Wednesday, February 2nd, 2011

MEMC Electronic Materials Inc.(NYSE: WFR) shares gained 10.6 percent to $12.86, on volume of 10.3 million shares, more than double its daily average, one day after the maker of silicon wafers reported swinging to a profit in the latest quarter.

Level 3 Communications Inc. (Nasdaq: LVLT) traded in 17.1 million shares, pursuing a daily average volume of 23.3 million. Prices for the stock sagged, however, 5.3 percent to $1.22, after reporting quarterly sales fell to $921 million from $924 million in prior-year quarter.

Broadcom Corp. (Nasdaq: BRCM) shares jettisoned 7.4 percent to $42.98, on volume of 14.2 million, better than double its full-day average, after the chip maker late Tuesday reported fourth-quarter margins beneath Wall Street’s expectations.

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DYP surges, LVLT busy in trading, TRIT drops

Monday, November 15th, 2010

Duoyuan Printing Company (NYSE: DYP) picked up 8.15 percent in price late Monday to $2.92. Volume was 1,000,507 shares, trumping its usual volume around 700,000.

Level 3 Communications Inc. (NasdaqGS: LVLT) traded in 43,562,750 shares Monday, compared to its usual trading volume of 30,782,200. LVLT stock gained 2.19 percent to $1.165. LVLT today announced that it has signed an agreement with the National Museum of American Jewish History, a Philadelphia-based museum dedicated to chronicling the American Jewish experience, to provide the museum with dedicated Internet access (DIA) service in support of the museum’s new interactive digital exhibits and online content.

Tri-Tech Holding. Inc. (NasdaqGS: TRIT) took a tumble of 23.19 percent in price late Monday to $9.77. Volume in TRIT was 568,717 shares, or about seven times its normal daily average. The Chinese company that provides leading turn-key solutions for water resources, water and wastewater treatment, industrial safety and the pollution control markets, announced today that revenue for the third fiscal quarter ended September 30, 2010increased 244% to $16.9 million from $4.9 million in Q3 2009. Net income for the quarter was $2.2 million, or a 109% improvement over net income of $1.1 million in Q3 2009.

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