Posts Tagged ‘MGM’

BORN kicks higher, MGM has high volume, BPI falters

Monday, January 10th, 2011

China New Borun Corp. (NYSE: BORN) shares rose 11.6% to close at $12.02 Monday. Volume for the stock was 874,687 shares, falling short of its full-day average of 1,119,340. BORN is a leading producer and distributor of corn-based edible alcohol in China.

MGM Resorts International (NYSE: MGM) traded in 42,584,466 shares Monday, inching by its daily average of 36,782,900. Prices for MGM faded 0.1 percent to $16.33. Tuesday, MGM will launch M life (www.mlife.com), a loyalty program that leverages the combined power of its resorts in Las Vegas, Mississippi and Detroit.

Bridgepoint Education Inc. (NYSE: BPI) fell 8.7 percent Monday to $16.08. Volume for the stock of 946,302 shares more than doubled its daily average. BPI was among a host of education-based stocks that lost ground Monday.

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Posted in Consumer Discretionary Stocks | 1 Comment »

NCT jumps, MGM high volume, NAII dives

Wednesday, December 22nd, 2010

Newcastle Investment Corp. (NYSE: NCT) ended higher 12.89 percent in price Wednesday to $6.92. Volume of 2,363,972 shares proved four times its normal share volume. NCT invests in real estate debt and other real estate related assets.

MGM Resorts International (NYSE: MGM) did a brisk business Wednesday, trading in 36,317,989 shares, nipping its daily average. Prices for MGM dipped, however, 1.07 percent to $14.73. MGM is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage.

Natural Alternatives International Inc. (Nasdaq: NAII) listed downward Wednesday, losing 11.83 percent in price to $5.29, on volume of 539,582 shares, compared to a full-day average of 17,905. NAII, based out of San Marcos, Calif., is a leading formulator, manufacturer and marketer of customized nutritional supplements

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Posted in Consumer Discretionary Stocks, Financial Stocks, Health Care Stocks | No Comments »

ADES goes skyward, MGM does loads of business, AMN trips

Monday, December 20th, 2010

ADA-ES, Inc. (Nasdaq: ADES) tacked on 11.05 percent in price Monday to $10.85 Volume of 378,513 shares proved more than 12 times its full-day average. ADES announced that the Tax Relief and Job Creation Act of 2010 extended the “placed-in-service” date for the Section 45 tax credits by two years to January 1, 2012.

MGM Resorts International (NYSE: MGM) traded in 29,662,833 shares, making it a volume leader, but still below its daily average of 35,939,000. Share prices moved up 4.55 percent to $14.27. MGM is one of the world’s leading global hospitality companies, operating a peerless portfolio of destination resort brands, including Bellagio, MGM Grand, Mandalay Bay and The Mirage.

Ameron International Corp. (NYSE: AMN) gave back 8.11 percent in price Monday to $77.29, on volume of 195,639 shares, nearly triple its daily average. AMN is a multinational manufacturer of highly-engineered products and materials for the chemical, industrial, energy, transportation and infrastructure markets.

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Posted in Consumer Discretionary Stocks, Industrial Stocks | No Comments »

ZQK is quick, MGM calls on markers, BITA gets bitten

Thursday, December 9th, 2010

Quicksilver, Inc. (NYSE: ZQK) propspered 20.52 percent Thursday afternoon to $5.58. Volume was 7,145,473 shares dwarfed its daily average of 1,018,300.

MGM Resorts International (NYSE: MGM) traded in 44,877,735 shares Thursday, pulling ahead of its daily average of 34,610,000. Share prices were down 1.74 percent at $13.54, amid a move to get Nevada Senator Harry Reid on board with a bill to back Internet gambling. MGM is the dominant casino operator in Las Vegas.

Bitauto Holdings Ltd. (NYSE: BITA) took a hit in price 11.85 percent Thursday to $8.85, on volume of 473,339 shares, just better than half its normal full-day average. BITA made its debut last month, and is a leading provider of Internet content and marketing services for China’s fast-growing automotive industry.

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Posted in Consumer Discretionary Stocks | No Comments »

PEGA powers up, MGM hot ticket, CERS falls

Wednesday, November 10th, 2010

Pegasystems Inc. (NasdaqGS: PEGA) climbed in price 19.21 percent Wednesday to close at $31.46.  PEGA enjoyed volume of 2,430,406 shares, six times its normal daily volume. The Cambridge, Mass-based CRM solutions company announced Tuesday its 13th consecutive quarter of record revenue, with the figure climbing 39 percent to $90 Million over the same quarter last year, although net income was down 48 percent to $3.1 Million.

MGM Resorts International Inc. (NYSE: MGM) more than doubled its average daily volume Wednesday, trading in 59,589,549 shares. The resort company’s stock moved ahead 2.88 percent in price to close at $13.38, despite word Wednesday that Atlantic City’s casino gambling revenue fell 12 percent in October, after Pennsylvania and West Virginia added table games and new casinos opened in Philadelphia and Maryland.

Cerus Corporation (NasdaqGM: CERS) had a tough time Wednesday, falling in price 20.89 percent to close trading at $2.50. Volume in CERS shares was 3,905,110, or more than 12 times its normal volume. The dire news came after the Concord, Calif.-based biotechnology company announced a public offering of approximately 7.4 million units. The company is issuing both stock and warrants to buy stock. Each unit consists of one share of common stock and a warrant to buy 0.5 share of common stock. Each warrant will have an exercise price of $3.20 per share and will be exercisable six months after they are issued.

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Posted in Technology Stocks | No Comments »