Posts Tagged ‘nasdaq’

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WSP goes skyward , BAC active, MGIC heads south

Monday, December 20th, 2010

WSP Holdings Limited (NYSE: WH) moved higher 33.65 percent in price Monday to $1.39. Volume of 2,025,559 shares proved about 20 times its full-day average, as the Chinese drilling pipe manufacturer said its subsidiary received about $91.8 million in new orders.

Bank of America Corp. (NYSE: BAC) was a volume leader Monday, trading in 61,883,919 shares, making progress against its daily average of 214,418,000. Share prices for BAC inched 0.84 percent up to $12.68. AEGON USA Realty Advisors, LLC and Bank of America Merrill Lynch today announced that they have entered into a formal agreement in which BofA Merrill Lynch will utilize AEGON’s commercial real estate lending expertise and significant industry relationships to source new lending opportunities.

Magic Software Enterprises Ltd. (Nasdaq: MGIC) took a header in price, 11.80 percent Monday to $6.74, on volume of 1,908,951 shares, or more than triple its full-day average. The Israeli global provider of cloud and on-premise enabled application platform and business integration solutions today announced that it entered into definitive agreements, to sell securities to institutional investors in a private placement for aggregate gross proceeds of approximately $21.2 million.

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ICGN moves upward, C busy, ULTR slips

Monday, December 20th, 2010

Icagen Inc. (Nasdaq: ICGN) vaulted 33.79 percent in price Monday to $1.94. Volume of 1,107,887 shares quadrupled its full-day average. The North Carolina-based drug company today provided an update on its sodium channel program for pain and related disorders, which is being conducted in collaboration with Pfizer.

Citigroup (NYSE: C) was a volume leader Monday, trading in 207,906,616 shares, making progress against its daily average of 556,140,000. Share prices for Citi eased 0.11 percent to $4.70. Citi today announced a multi-year renewal of its long-standing U.S. private label credit card partnership with The Children’s Place Retail Stores Inc., the largest pure-play children’s specialty apparel retailer in North America.

Ultrapetrol Ltd. (Nasdaq: ULTR) fell 13.95 percent Thursday to $6.45, on volume of 336,901 shares, five times its full-day average. Ultrapetrol announced today its intention to offer to sell, subject to market and other conditions, $60.0 million aggregate principal amount of its Convertible Senior Notes due 2017.

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CGEN boosted, GE busy, CERP slides

Thursday, December 16th, 2010

Compugen Ltd. (NasdaqCM: CGEN) prospered 16.32 percent in price Thursday to $4.49. Volume of 488,799 shares swamped its daily average of 76,429 shares. CGEN this week announced that administration of CGEN-15001 in an animal model of rheumatoid arthritis (RA) dramatically ameliorates the clinical symptoms of the disease. These results, combined with earlier results in an animal model of multiple sclerosis (MS), strongly support the therapeutic potential of CGEN-15001 for multiple autoimmune diseases and inflammatory conditions.

General Electric Company (NYSE: GE) was a volume leader Thursday, trading in 52,211,672 shares, falling short of its daily average of 59,748,000. Share prices for GE nipped up 1.60 percent to $17.77. GE Capital Media, Communications & Entertainment today announced that it will serve as Administrative Agent for a new $230MM senior secured credit facility for Lightower Fiber Networks, a leading fiber network and broadband service provider in the Northeast. GE Capital Markets served as lead left bookrunner on the transaction, which closed November 30

Cereplast Inc. (NasdaqCM: CERP) fell 10.46 percent Thursday to close at $3.51, on volume of 99,792 shares, better by a half than its daily average. CERP is a leading manufacturer of proprietary bio-based, compostable and sustainable plastics.

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

JADE sings, CGR sells, V sued

Thursday, December 16th, 2010

LJ International Inc. (NasdaqGM: JADE) prospered 13.88 percent in price Thursday to $4.02. Volume of 942,250 shares nosed out its full-day average of 643,849 shares. The Hong Kong-based JADE is engaged in the designing, branding, marketing and distribution of a full range of jewelry

Claude Resources, Inc. (AMEX: CGR) blew its volume average out of the water Thursday, trading in 1,935,525 shares, quadrupling what it normally exchanges in a day. Share prices for CGR chugged ahead 17.42 percent to $2.09, after announcing positive results from sampling in excess of 22,000 metres of drill core from a total of 278 historic drill holes on the 13,900 hectare Amisk Gold Property in Manitoba.

Visa Inc. (NYSE: V) fell 12.63 percent Thursday to $67.22, on volume of 19,014,157 shares that quadrupled its daily average, on word of a lawsuit by the Canadian Competition Bureau.

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

BWOW wows, CSCO busy, LPHI steps back

Thursday, December 16th, 2010

Wowjoint Holdings Ltd. (NasdaqGS: BWOW) ballooned 44.44 percent in price Thursday to $3.77. Volume of 60,600 shares proved 20 times its full-day average. The Beijing-based BWOW is a leading provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction

Cisco Systems Inc. (NasdaqGS: CSCO) traded Thursday in 36,433,475 shares, or about half its full-day average. CSCO share prices gained 1.23 per cent, to $19.71.

Life Partners Holdings Inc (NasdaqGS: LPHI) tumbles 15.79 percent Thursday to $16.75, on volume of 291,687 shares, dwarfing its full day average of 85,703. LPHI, the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, announced earlier this month a five-for-four split in its common stock.

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