Posts Tagged ‘nasdaq’

WMB jumps, BRCD gets word out, ULBI reports

Thursday, February 17th, 2011

Williams Companies Inc. (NYSE: WMB) shares gained 7% to $29.71. Share volume was 27.3 million, or better than quadruple its daily average, a day after it said it would divide its pipeline and exploration business into two separate public companies.

Brocade Communication Systems (Nasdaq: BRCD) sold like hotcakes Thursday, trading in 28.5 million shares Thursday, already doubling its daily average. BRCD prices grew 5.3% to $6.03, with earnings set to be released after Thursday’s closing bell.

UltraLife Corporation (Nasdaq: ULBI) plummeted 11.1% in price Thursday to $5.44. Volume was 395,000 shares, better than triple its daily average, on reporting quarterly operating income of $1.6 million on revenue of $50.4 million.

CAGC jumps, BAC busy, QTWWD slips

Thursday, February 17th, 2011

China Agritech, Inc. (Nasdaq: CAGC) shares advanced 7.3% to $7.96, on share volume of 584,738, already besting a full-day average of 417,211 after the company announced it is introducing an innovative new line of organic liquid compound fertilizers that improves crop drought resistance.

Bank of America (NYSE: BAC) proved a volume champion early on Thursday, trading in 30.1 million shares Thursday, approaching a daily average of 188 million. Share prices settled 0.2% to $14.81, after announcing Nexen had hired BAC to find B.C. Shale Gas Partners.

Quantum Fuel Systems Technological (Nasdaq: QTWWD) sank 15.6% in price Thursday to $5.04. Volume was 492,000 shares, trouncing a daily average of 59,000.

RBCN up, C clicks, ITRI swoons

Thursday, February 17th, 2011

Rubicon Technology Inc. (Nasdaq: RBCN) shares climbed 18.1% to $24.93. Share volumes topped four million, routing daily averages of 621,000, a day after the electronic-materials supplier projected a strong first quarter.

Citigroup Inc. (NYSE: C) dealt in 68.3 million shares Thursday, approaching a daily average of 539.1 million. Share prices crawled upward 0.1% to $4.91, after announcing some of its executives will be given stock grants.

Itron Inc. (Nasdaq: ITRI) shares fell 11.3% to $56.45, on volumes of 1.3 million shares, topping its daily average of 564,000, a day after the electric-grid provider projected guidance for 2011 beneath Wall Street’s estimates.

CLF scales, NVDA deals, NTAP taps out

Thursday, February 17th, 2011

Cliffs Natural Resources Inc. (NYSE: CLF) shares were up 8.3% to $100.59, on volume of 3.9 million shares, already racing ahead of an average of 3.2 million, a day after the mining firm hiked its 2011 North American iron-ore sales outlook.

Nvidia Corporation (Nasdaq: NVDA) dealt in 21.6 million shares Thursday, approaching a daily average of 24.6 million. Share prices jumped 2.9% to $24.06.

NetApp Inc. (Nasdaq: NTAP) shares were off 9.9% to $52.74. Share volumes were 10.8 million shares, already twice its daily average, a day after the data-storage company offered a fourth-quarter forecast below expectations.

TPI is tip-top, DELL a dilly, MNKD melts down

Monday, February 14th, 2011

Tianyin Pharmaceutical Company Inc. (AMEX: TPI) shares vaulted 24.7% to $3.23, on volume of better than one million shares, routing normal daily volume of less than 86,000, amid record quarterly revenues, increased 69.6% year over year to $25.3 million, and operating income jumping 69% to $5.3 million

DELL Inc. (Nasdaq: DELL) dealt in 21.4 million shares Monday, surpassing a daily average of 19.6 million. Prices for DELL increased 0.9% to $14.10, on predictions of increased sales when it reports Tuesday.

MannKind Corporation (Nasdaq: MNKD) dropped in price 8.2% Monday to close at $3.48. Volume was 8.1 million shares, or nearly twice its average, amid word the company was cutting 41% of its workforce.