Posts Tagged ‘nasdaq gainers’

CARV, HIHO, SIRI lead Nasdaq gainers; CCCLW falls

Monday, November 8th, 2010

Carver Bancorp Inc. (NasdaqGM: CARV) started the week with a bang, picking up 57.44 percent in price to $5.15. Volume was 58,409 shares, towering over its three-month daily average of 1,777.  Carver Bancorp, Inc. is the holding company for Carver Federal Savings Bank, a federally chartered stock savings bank, founded in 1948 to serve African-American communities. Friday,the Company reported a net loss of $23.4 million for the second quarter of fiscal 2011 compared to a net loss of $300,000 for the second quarter of fiscal 2010 and a loss of $2.5 million for the first quarter of fiscal 2011.

Highway Holdings Limited (NasdaqCM: HIHO) leaped 47.17 percent in price to $3.90 early Monday, on volume of 357,331 shares, compared to a minute daily average of 20,842 shares. The Hong Kong-based company produces a wide variety of high-quality products for blue-chip original equipment manufacturers — from simple parts and components to sub-assemblies. Monday, HIHO reported third-quarter net income of $410,000 or $0.11 per diluted share, from $139,000, or $0.04 per diluted share, a year earlier. Net sales for same period climbed 50 percent to $7.8 million from $5.2 million a year earlier.

Sirius XM Radio Inc. (NasdaqGS: SIRI) led all Nasdaq stocks in volume early Monday with 21,898,076 shares. The satellite network maintains a three-month daily average of 74,017,600. SIRI gained a modest 1.44 percent in early Monday trading to $1.55. In the third quarter, SIRI reported revenue of $722.5 million, up 15 percent from the third quarter 2009 adjusted revenue of $629.6 million. Net income (loss) attributable to common stockholders for the third quarter of 2010 and 2009 was $67.6 million and ($151.5) million, respectively, or $0.01 and ($0.04) per diluted share.

China Ceramics Co. Ltd. (NasdaqCM: CCCLW) stumbled 18.34 percent in the first hour or so of trading Monday to $2.16. Volume was 2,332 shares, while three-month daily average was not available at press time. The leading Chinese manufacturer of ceramic tiles used for exterior siding and for interior flooring today announced third quarter revenue of $43.3 million U.S., up eight percent from the second quarter of 2010 and up 24.7 percent from the third quarter of 2009. Gross profit was $13.8 million U.S., up 10.1 percent from the second quarter of 2010 and up 24.2 percent from the third quarter of 2009.

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Posted in Consumer Discretionary Stocks, Consumer Staples Stocks, Financial Stocks | No Comments »

Notable Nasdaq Gainers – BSDM, LOJN, SIMG, RFMD

Wednesday, October 27th, 2010

Shares of BSD Medical Corporation (Nasdaq: BSDM) were up as much as 25 percent from Tuesday’s closing price of $3.94 per share, on Wednesday. Shares traded as high as $4.95 per share with nearly double the company’s average three-month volume. BSD Medical won the Frost & Sullivan “Technology Innovation of the Year Award” in 2005 for its BSD-2000 system. But its biggest money generator is the MicroThermX. BSDM’s patented “phased-array” technology generates heat allows doctors to kill massive clusters of cancer cells. Shares BSDM are up roughly 280 percent since the FDA granted the company clearance to market its MicroThermX Microwave Ablation System (MTX-180) for ablation of soft tissue in August of this year.

Shares of JoJack Corp. (Nasdaq: LOJN) were up more than 34 percent from Tuesday’s closing price, in morning trading on Wednesday on nearly 7x the company’s average three month volume. The car recovery technology developer recently reported a 47 percent increase in third quarter international sales. The company also reported net income of $2.7 million, or 15 cents per share, up from a loss of $13.4 million, or 78 cents per share a year earlier. Consolidated third quarter revenue climbed 7 percent to $38.5 million, from a year ago. Shares of LOJN are up about 47 percent over the past three months.

Shares of chip maker, Silicon Image, Inc. (Nasdaq: SIMG) were up as much as 44 percent from Tuesday’s closing price, in morning trading on Wednesday. Shares traded as high as $6.57, up from Tuesday’s closing price of $4.55. Silicon Image earned $9.5 million, or 12 cents per share, compared to a net loss of $15.5 million, or 21 cents per share a year ago. Excluding items, the company earned 18 cents per share. Third quarter revenue increased 63 percent to $60.5 million, which included a $7.5 million royalty revenue catch-up. Analysts on average, expected the company to post earnings of a nickel per share (excluding items), on revenue of $49 million. The company sees fourth quarter revenue in the range of $46 million to $48 million, above analysts’ estimates of $45.4 million.

RF Micro Devices, Inc. (Nasdaq: RFMD) was up 13 percent from Tuesday’s closing price, in morning trading on Wednesday after the company posted revenue of $285.8 million, and EPS of 19 cents for its fiscal second quarter ended October 2. Analysts on average expected EPS of 16 cents, on revenue of $275.9 million. “On the strength of new product launches and diversification efforts, we continue to reduce our exposure at our largest customer while sales to all other customers grew year-over-year by approximately 53%,” said RFMD’s CEO Bob Bruggeworth in a conference call. “s a result, RFMD delivered our sixth consecutive quarter of expanding operating income with the September quarter representing another company record.” Shares of RFMD are up as much as 61 percent over the past three months.

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