Posts Tagged ‘nasdaq’

« Older Entries
Newer Entries »

CYPB spreads wings, C solid, MOTR in reverse

Wednesday, December 15th, 2010

Cypress Bioscience (NasdaqGM: CYPB) jumped 12.2% to$6.45, on volume of 8,570,704, or 16 times its full-day average, after it agreed to be acquired by Ramius LLC and Royalty Pharma for about $255 million in cash, ending a takeover battle that began in July.

Citigroup (NYSE: C) traded in 155,455,525 shares, making good headway on its daily average of 539,270,000 shares. Share prices retreated 0.53 per cent, however, Wednesday, to $4.66.

Motricity Inc. (NasdaqGM: MOTR) backtracked 13.53 percent in Wednesday morning trading at $18.40. Volume of 3,277,545 shares tramped its full-day average of 559,200. MOTR, based in Bellevue, Wash., is a leading mobile data solutions provider exclusively focused on the rapidly growing mobile Internet market.

Tags: , , , , , , , ,
Posted in Financial Stocks, pharmaceutical stocks, Technology Stocks | No Comments »

CRMD healthy, F rolls off lot, PWAV subsides

Monday, December 13th, 2010

CorMedix Inc. (AMEX: CRMD) boosted its price 18.31 percent to close Monday’s trading at $1.68. Volume for the stock was 85,819 shares, or about seven times its normal daily average. CRMD is a pharmaceutical company focused on developing and commercializing therapeutic products for the prevention and treatment of cardiorenal disease

Ford Motor Company (NYSE: F) traded in 52,625,749 shares, but still a whole lot less than its daily average of 84,557,800 shares. Share prices retreated 1.55 percent to $16.47. Ford said Monday it will begin construction on a new plant in Nanchang City, capital of east China’s Jiangxi Province, next year.

Powerwave Technologies Inc. (NasdaqGS: PWAV) backtracked 11.48 percent to close Monday at $2.39. Volume of 5,798,434 shares, more than tripled its full-day average. The company is a global leader in end-to-end wireless coverage and capacity solutions.

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

CRDC in gear, INTC busy trader, ENMD drops

Monday, December 13th, 2010

Cardica Inc. (NasdaqGM: CRDC) rocketed up 23.49 percent mid-afternoon Monday to $3.47. Volume for the stock was 630,521 shares, or more than 10 times its normal daily average. CRDC designs and manufactures proprietary stapling and anastomotic devices for cardiac and endoscopic surgical procedures.

Intel Corp. (NasdaqGS: INTC) traded in 56,971,125 shares, closing in on Intel’s its normal daily average of 59,805,000. Prices for the chipmaker tailed off a bit, though, 1.87 percent to $21.50.

EntreMed Inc. (NasdaqCM: ENMD) moved earthward 7.35 percent to $5.04 on Monday afternoon. Volume was 206,151 shares, more than double its full-day average. ENMD, based in Rockville, Md., is a clinical-stage pharmaceutical company developing therapeutics for the treatment of cancer

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

DNEX up, HBAN active, MILL slumps

Monday, December 13th, 2010

Dionex Corp. (NasdaqGS: DNEX) prospered 20.13 percent in price Monday afternoon to $117.93. Volume was 1,176,138 shares squashed the stock’s normal daily average of 62,998, amid word that DNEX is being probed for shareholders in connection with the proposed acquisition by Thermo Fisher Scientific. The investigation seeks to determine whether Dionex and its Board breached their fiduciary duties by entering into the agreement without properly shopping for a deal that would provide better value for shareholders.

Huntington Bancshares Inc. (NasdaqGS: HBAN) traded in 37,557,116 shares, almost 2-and-a-half times its normal daily average. Prices for HBAN pointed downward, though, 4.61 percent to $6.53. The Columbus, Ohio-based bank today announced commencement of an underwritten public offering of $920 million of its common stock. Goldman, Sachs & Co. will act as sole bookrunner and Sandler O’Neill + Partners, L.P. will act as co-manager for the proposed equity offering.

Miller Petroleum Inc. (NasdaqGM: MILL) staggered 13.06 percent to $4.46 on Monday afternoon. Volume was 882,425 shares, four times its full-day average. MILL is a high-growth oil and natural gas exploration, production and drilling company

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

FONR moves up, S loud and clear, WNR skids

Monday, December 13th, 2010

Fonar Corp. (NasdaqCM: FONR) jumped 35.25 percent in price Monday to $1.65. Volume was 833,668 shares, 10 times its normal daily average The Inventor of MR Scanning™, based out of Melville, N.Y., announced today that a provider of outpatient diagnostic services (a FONAR customer) and several Stand-Up MRI diagnostic imaging professional corporations (PCs) received a jury verdict in their favor in an anti-trust lawsuit against CareCore National, LLC, a radiology benefits management (RBM) company

Sprint Nextel Corp. (NYSE: S) did brisk trade Monday, trading in 35,606,742 shares, catching up on its normal daily average of 48,113,600. Prices for S surged 5.09 percent to $4.43. Last week, S announced that it has signed international 4G roaming agreements with Digicel in Jamaica and Global Mobile in Taiwan, leveraging the global ecosystem for 4G services to enable travelers on the go.

Western Refining Inc. (NYSE: WNR) dipped in price 11.11 percent to $9.44 approaching noon on Monday. Volume was 3,253,715 shares, nearly double its full-day average. WNR is an independent refining and marketing company headquartered in El Paso, Texas.

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

« Older Entries
Newer Entries »