Posts Tagged ‘nasdaq’

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GBE is a star, MSFT busy, SGOC sinks

Monday, December 20th, 2010

Grubb & Ellis Co. (NYSE: GBE) added 18.26 percent in price Monday to $1.36. Volume of 1,407,630 shares proved more than four times its full-day average. GBE is a leading real estate services and investment firm out of Santa Ana, Calif.

Microsoft Corp. (Nasdaq: MSFT) traded in 33,909,397 shares, making it a volume leader, but still below its daily average of 61,214,100. Share prices moved down 0.37 percent to $27.80. Microsoft and China Mobile signed a strategic cooperation memorandum on Friday.

SGOCO Technology, Ltd. (Nasdaq: SGOC) gave back 37.12 percent in price Monday to $5.03, on volume of 230,400 shares, its daily average not available at press time. The Chinese-based SGOC is a national distributor, designer and manufacturer of flat panel displays.

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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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ARNA stronger, HBAN volume leader, RXII tumbles

Monday, December 20th, 2010

Arena Pharmaceuticals, Inc. (Nasdaq: ARNA) pushed upward 23.64 percent in price Monday to $2.04. Volume of 14,985,720 shares nearly doubled its full-day average. The San Diego-based ARNA is a clinical-stage biopharmaceutical company focused on discovering, developing and commercializing oral drugs that target G protein-coupled receptors.

Huntington Bancshares Inc. (Nasdaq: HBAN) traded in 27,626,739 shares, bested its daily average by a half. Share prices for HBAN moved moderately ahead 4.98 percent to $6.54. Columbus-based HBAN is a $53-billion regional bank holding company

RXi Pharmaceuticals Corp. (Nasdaq: RXII) stumbled in price 11.43 percent Monday to $2.79, on volume of 705,157 shares, nearly quadrupled its full-day average. RXII is a recognized leader in RNAi-based therapeutic discovery and development

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CHTP jumps, CSCO trades wide, BLTI tumbles

Monday, December 20th, 2010

Chelsea Therapeutics International Ltd. (Nasdaq: CHTP) zoomed higher 19.13 percent in price Monday to $7.16. Volume of 3,471,695 shares better than tripled its full-day average. The Charlotte-based CHTP announced it has completed a pre-NDA assessment with the FDA and intends to accelerate its new drug application (NDA) for NORTHERA™(droxidopa) for the treatment of symptomatic, neurogenic orthostatic hypotension.

Cisco Systems Inc. (Nasdaq: CSCO) was busy early Monday afternoon, trading in 26,465,845 shares, making headway against its daily average of 71,898,900. Share prices for CSCO crept ahead 0.69 percent to $19.68.

BioLase Technology Inc. (Nasdaq: BLTI) fell in price 11.05 percent Monday to $1.69, on volume of 64,212 shares, approaching its full-day average of 78,005. BLTI, based in Irvine, Calif., is the world’s leading dental laser manufacturer and distributor.

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BASI soars, MI probed, BBX stumbles

Monday, December 20th, 2010

Bioanalytical Systems Inc. (Nasdaq: BASI) celebrated a hike of 23.97 percent in price Monday to $3.31. Volume of 193,397 shares overwhelmed its full-day average of 8,971. Indiana-based BASi is a pharmaceutical development services company providing contract research services and instruments and supplies to the world’s leading drug development companies and medical research organizations.

Marshall & Ilsley Corp. (NYSE: MI) traded in 33,286,748 shares Monday, more than doubling its daily average of 14,042,100. Share prices for MI skidded 3.65 percent, however, to $6.61. MI’s board of directors is under investigation concerning possible breaches of fiduciary duty and other violations of law related to the Company’s efforts to sell Marshall & Ilsley to BMO Financial Group in a transaction with a value of approximately $4.1 billion.

BankAtlantic Bancorp, Inc. (NYSE: BBX) found itself downward in price, 10.76 percent Monday to $1.41, on volume of 2,579,650 shares, or more than five times its full-day average. BBX is one of the largest financial institutions headquartered in Florida.

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