Posts Tagged ‘nasdaq’

« Older Entries
Newer Entries »

OREX jumps, MU popular, FFBH falters

Monday, January 31st, 2011

Orexigen Therapeutics Inc. (Nasdaq: OREX) shares were up 8.4 percent to $9.02, on volume of 4.9 million, towering over a daily average of 2.8 million, as a regulatory decision was expected Monday on its diet pill.

Micron Technology Inc. (Nasdaq: MU) traded in 26.9 million shares, trailing its daily volume of 35.8 million. Prices for the stock increased 1.5 percent to $10.53, after Sterne Agee & Leach raised its price target to $17 from $12. Sterne continues to rate MU at Buy.

First Federal Bancshares of Ark (Nasdaq: FFBH) shares fell 12.2 percent to $2.15, on volume of 123,318 shares, eight times its daily average. The small southwestern bank announced a recapitalization plan that will allow an investment group to buy up to $55 million of common stock, diluting shareholders.

Tags: , , , , , ,
Posted in Financial Stocks, Health Care Stocks, Technology Stocks | No Comments »

MASI makes headway, MSFT, REDF trail average volumes

Monday, January 31st, 2011

Masimo Corp. (Nasdaq: MASI) shares advanced 9.1 percent to $30.09, on volume of 2.2 million shares, or four times its usual daily average, after the medical-technology firm extended a royalty agreement with Covidien PLC.

Microsoft Corporation (Nasdaq: MSFT) traded in 46.9 million shares, trailing its daily volume of 60.7 million. Prices were flat at $27.66.

Rediff.com India (Nasdaq: REDF) shares fell 11.5 percent to $6.24, on volume of 788,347 shares, falling behind its daily average of 859,473.

Tags: , , , , ,
Posted in Health Care Stocks, Technology Stocks | No Comments »

ASIA really sells, SIRI clear, CIEN stumbles

Monday, January 31st, 2011

AsiaInfo-Linkage Inc.(Nasdaq: ASIA) shares climbed 14.8 percent to $21.83. Volume was 2.6 million shares, triple its daily average, after the Chinese supplier of software for telecommunications companies reported quarterly sales that beat estimates.

Sirius XM Radio Corp. (Nasdaq: SIRI) beamed out its message Monday, dealing in 62.7 million shares, nosing out its daily average of 52.3 million. Prices improved 1.2 percent to $1.63, after announcing comprehensive coverage of this weekend’s Super Bowl from Dallas.

Ciena Corp. (Nasdaq: CIEN) shares fell 5.9% to $22.12, on volume of 11.1 million shares, twice its daily average, after UBS cut its rating on the maker of network gear for telecommunications companies.

Tags: , , , , , ,
Posted in Technology Stocks | No Comments »

MOBI mobile, INTC has chip damage, CAVO turns tail

Monday, January 31st, 2011

Sky-Mobi Limted (Nasdaq: MOBI) shares soared 12.9 percent to $7.11, on volume of 841,098 shares, just surpassing its daily average of 628,691, on announcing that MOBI and Tencent, one of China’s most popular Internet portals, have formed a strategic partnership.

Intel Inc. (Nasdaq: INTC) was very popular Monday, dealing in 62.7 million shares, beating out its daily volume of 55.2 million. Prices dipped 1.4 percent to $21.15, on news that a design error in one of its chips will cost it $1 billion in missed sales and expenses to fix the flaw.

Cavico Corp. (Nasdaq: CAVO) shares slid 9.7 percent to $1.95 on volume of 175,517 shares, besting its daily average of 108,116.

Tags: , , , , , ,
Posted in Industrial Stocks, Technology Stocks | No Comments »

SSN mighty, GE active, CHKE cutting

Monday, January 31st, 2011

Samson Oil & Gas Inc. (AMEX: SSN) shares soared 22 percent to $2.66, on volume of five million shares, better than four times its daily average, after filing its quarterly report.

General Electric (NYSE: GE) was busy Monday, dealing in 30 million shares, or about half its daily volume. Prices were fairly flat at $20.17, on news that the company, which agreed to $4.3 billion in energy acquisitions over the past four months, plans to boost results at the oil and gas unit by investing in research and plants.

Cherokee Inc. (Nasdaq: CHKE) shares demurred 11.5 percent to $16.06 on volume of 282,476 shares, five times its daily average, after slashing its quarterly dividend in order to invest more resources in its various brands of clothing, footwear, fashion accessories and home furnishings.

Tags: , , , , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »