Posts Tagged ‘NYSE’

VRX jumps, NVDA busy, REE falls

Thursday, January 6th, 2011

Valeant Pharmaceuticals International (NYSE: VRX) grew 16 percent in price Thursday to $34.75. Volume of 13,353,461 shares nearly quadrupled normal volume. Canada-based VRX is a multinational specialty pharmaceutical company that develops, manufactures and markets a broad range of pharmaceutical products primarily in the areas of neurology, dermatology and branded generics.

NVIDIA Corp. (Nasdaq: NVDA) did lots of business late Thursday, with 68,704,486 shares traded, four times its daily average. Prices for the stock gained 11.7 percent to $18.97. NVIDIA today announced the expansion of its NVIDIA® 3D Vision™ ecosystem with the addition of new 3D-enabled PCs and monitors by Lenovo.

Rare Element Resources Ltd. (AMEX: REE) fell 13.7 percent in Thursday trading to $13.85. Volume for the stock was 9,941,563 shares, nearly doubling its daily average. REE announced final 2010 assay results from seven additional rotary (reverse circulation) holes drilled on the Sundance Gold Project, Wyoming.

DQ gains, F deals, RES takes header

Thursday, January 6th, 2011

DAQQ New Energy Corp. (NYSE: DQ) shot 19.4 percent in price Thursday to $13.46. Volume was 1,361,295 shares, nearly triple normal volume. DQ a leading polysilicon manufacturer based in China that aims to become a vertically integrated photovoltaic product manufacturer.

Ford Motor Company (NYSE: F) was a volume leader late Thursday, with 75,257,554 shares traded, just shy of its daily average of 82,335,800. Prices for the car maker’s stock gained 1.7 percent to $18.20, amid word F was closing in on Toyota’s number-one position in U.S. sales.

RPC Inc. (NYSE: RES) tottered 11.2 percent in Thursday trading to $16.35. Volume for the stock was 1,884,038 shares, besting its daily average by more than 50 percent. RPC provides a broad range of specialized oilfield services and equipment primarily to independent and major oilfield companies.

IBCP higher, BAC busy, MCP downward

Thursday, January 6th, 2011

Independent Bank Corp. (Nasdaq: IBCP) shot 42 percent in price Thursday to $2.30. Volume of 859,892 shares trounced its daily average of 140,452. IBCP is the holding company of Independent Bank, a Michigan-based community bank.

Bank of America (NYSE: BAC) was again among the volume leaders, trading in 156,548,729 shares, catching up on a full-day average of 218,378,000. Prices for the stock lost one percent to $14.36.

Molycorp Inc. (NYSE: MCP) fell 11% to $54.00 Thursday, on volume of 9,154,013 shares, better than double its daily average. Colorado-based MCP is the only rare earth oxide, or REO, producer in the Western Hemisphere.

HAUP hops, C jumping, PSUN sets

Thursday, January 6th, 2011

Hauppage Digital Inc. (Nasdaq: HAUP) rushed ahead 34.2 percent in price Thurday to $3.18. Volume of 3,586,458 shares overwhelmed its daily average of 256,305. The world’s leading developer and manufacturer of TV tuner products for personal computers launched its new Colossus internal PCI Express board capable of recording component video and unencrypted HDMI video at up to 1080i from sources such as the Xbox360 and digital SLR cameras.

Citigroup Inc. (NYSE: C) was busy Thursday, trading in 343,135,504 shares, catching up on a full-day average of 541,733,000. Prices for the stock gained 0.3 percent to $4.99.

Pacific Sunwear of California, Inc. (Nasdaq: PSUN) faltered 15 percent to $4.65 on volume of 752,638 shares, catching up on its daily average of 986,812. Pacific announced that its quarter-to-date same-store sales through January 1, 2011 declined 7%. The Company’s fourth quarter and fiscal year ends on January 29, 2011.

NLS flexes muscle, PFE trades widely, CHGS fades

Wednesday, January 5th, 2011

Nautilus Inc. (NYSE: NLS) galloped ahead 23.4 percent in price Wednesday to $2.32. Volume of 594,877 shares nearly tripled its daily average. Headquartered in Vancouver, Wash., NLS is a fitness products company providing innovative, quality solutions to help people achieve a healthy lifestyle.

Pfizer Inc. (NYSE: PFE) was busy Wednesday, trading in 62,394,395 shares, beating by half its daily average. Prices for the stock gained 0.7 percent to $18.11.

China Gengsheng Minerals Inc. (AMEX: CHGS) dropped 14.9 percent Wednesday to $3.72, on volume of 6,463,930 shares, 4 1/2 times its daily average. CHGS, a leading China-based high-tech industrial materials manufacturer, today announced that it has entered into definitive agreements with several institutional investors for a registered direct placement of 2,500,000 shares of common stock at a price of $4.00 per share for gross proceeds of $10 million.