Posts Tagged ‘NYSE’

BKD grows, S rings it up, ALAN slumps

Thursday, February 24th, 2011

Brookdale Senior Living Inc. (NYSE: BKD) shares gained 9% to $25.55, on share volume of 1.8 million, or twice its average, a day after the operator of assisted-living housing reported a narrower fourth-quarter loss. Earlier Thursday, the company announced an agreement for an expanded corporate line of credit.

Sprint Nextel Corp. (Nasdaq: S) traded Thursday in 56.8 million shares, surpassing its daily average of 52.3 million. Prices added 1.8% to $4.28, after taking the wraps off its HTC Arrive smart phone.

Alanco Technologies Inc. (Nasdaq: ALAN) subsided 13.3% to $1.04 Thursday, on share volume of 113,000, more than six times its daily average.

KAI crows, MU moves along, AXT declines

Thursday, February 24th, 2011

Kadant Inc. (NYSE: KAI) gained 13.6% Thursday to $23.64, on share volume of 612,000, or 15 times its all-day average, after announcing Q4 revenues of $73.3 million, an increase of $16.5 million, or 29% over last year.

Micron Technology Inc. (Nasdaq: MU) traded Thursday in 24.5 million shares, closing in on a daily average of 36.9 million. MU shares picked up 1% to $10.65.

AXT Inc. (Nasdaq: AXTI) demurred 17.5% to $6.90 Thursday, on share volume of 3.1 million, more than four times its daily average, after reporting full-year earnings of $18.7 million on revenue of $95.5 million. In 2009, it lost $1.9 million on revenue of $55.4 million.

BW higher, INTC bolts, STS stutters

Thursday, February 24th, 2011

Brush Engineered Materials (NYSE: BW) jumped 22.6% in price to $42.26, on share volume of 351,000, better than triple its all-day average. This, after BW declared quarterly EPS of 61 cents, trouncing estimates of 46 cents, and revenues of $356 million, compared to estimates $305.13 million.

Intel (Nasdaq: INTC) did pretty fair volume Thursday, trading in 27.7 million, nearly half its daily average. INTC shares were flat at to $21.16 after announcing Thunderbolt Technology, a new high-speed PC connection technology that runs at 10Gbps.

Supreme Industries Inc. (AMEX: STS) stumbled in price to 22.2% to $2.45 Thursday, on share volume of 104,000, compared to a measly 8,129 for a daily average, after reporting net sales for the full year, of $220.9 million, up 19% from $186.1 million in 2009.

PPO revs, F rolls off lot, IDCC idles

Thursday, February 24th, 2011

Polypore International Inc (NYSE: PPO) shares climbed 16.8% to $57.85, on share volume of 746,000, already beating an all-day average of 554,000, after the battery-component manufacturer forecast better-than-expected first-quarter earnings late Wednesday.

Ford Motor Company (NYSE: F) proved a volume leader in early trading Thursday, dealing in 36.8 million, nearly half its all-day average of 80.1 million. Prices for F fell 1.5% to $14.64.

InterDigital, Inc. (NASDAQ: IDCC) tumbled 8.2% to $48.76, on share volume of 2.2 million, more than double its daily average, after it announced that its patent holding subsidiaries have previously entered into a worldwide, non-transferable, non-exclusive, royalty-bearing patent license agreement with SII Mobile Communications Inc., a subsidiary of Seiko Holdings Corporation, headquartered in Japan.

NTES shows knack, BAC backtracks, JACK shows cracks

Thursday, February 24th, 2011

NetEase.com Inc. (Nasdaq: NTES) U.S.-listed shares rose 7.2% to $45.95, on share volume of 1.9 million, nearly triple its full-day average, after the Chinese provider of online games reported a fourth-quarter profit that beat Wall Street estimates late Wednesday.

Bank of America Corporation (NYSE: BAC) traded in 51.9 million shares before noon ET Thursday, catching up on an all-day average of 186.7 million. BAC prices dropped 1.9%, though, to $13.90.

Jack in the Box Inc. (Nasdaq: JACK) shares fell 5.8% to $21.95, on volume of 614,000, already outdistancing its daily average of around 541,000, a day after the fast-food chain reported its quarterly results and updated guidance for the year.