Posts Tagged ‘NYSE’

VG clicks, S sprints, FDO bogs down

Wednesday, January 5th, 2011

Vonage Holdings Corp. (NYSE: VG) soared 17 percent in price Wednesday to $2.69. Volume for VG was 11,214,128 shares, more than its all-day average, as the company said that it added 6,000 lines in the most recent quarter — the first quarterly gain in subscribers in more than two years.

Sprint Nextel Corporation (NYSE: S) was a volume leader Wednesday, trading in 61,162,329 shares, or about 10 percent more than its daily average. Prices for the stock gained 4.5 percent to $4.65. The third-largest U.S. wireless carrier refused to purchase debt form Clearwire Corp. (Nasdaq: CLWR), which is running a risk of defaulting its loan agreements. Sprint shares rose on this news.

Family Dollar Stores Inc. (NYSE: FDO) dropped 8.4 percent Wednesday to $45.17, on volume of 8,908,228 shares, nearly five times its full-day average. FDO said that its fiscal first-quarter profit climbed 10 percent as more shoppers came to its stores to purchase items like candy and food.

DEXO surges, CSCO selling, MTSN falters

Wednesday, January 5th, 2011

Dex One Corporation (NYSE: DEXO) climbed 13.5 percent in price Wednesday to $8.75. Volume of 950,282 shares surpassed its all-day average of 621,472. The marketing consulting firm helps local businesses reach, win and keep ready-to-buy customers.

Cisco Systems Inc. (Nasdaq: CSCO) was a volume whiz Wednesday, trading in 50,051,376 shares, still below its daily average of 70,740,300. Prices for the stock gained 1.2 percent to $20.76. CSCO has a news conference planned for today in Las Vegas, during which it will make an announcement regarding its role in helping service providers and content providers meet the challenges and opportunities presented by the convergence of pay TV, online and on-demand video.

Mattson Technology Inc. (Nasdaq: MTSN) dropped 10.2 percent Wednesday to $2.30, on volume of 3,698,718 shares, nearly seven times its full-day average. MTSN, based in Fremont, Calif., is a leading supplier of advanced process equipment used to manufacture semiconductors.

MAG magnificent, F strong, WSCI slips

Wednesday, January 5th, 2011

Magnetek Inc. (NYSE: MAG) shot ahead 13.7 percent in price Wednesday to $1.58. Volume of 381,794 shares proved more than five times its all-day average. The company is a leading provider of digital power and motion control systems.

Ford Motor Company (NYSE: F) traded in 80,027,294 shares, to within spitting distance of its daily average. Prices for the stock gained 3 percent to $17.90. The car maker yesterday reported 2010 sales figures of 1.935 million units, up 19 percent from 2009.

WSI Industries Inc. (Nasdaq: WSCI) dropped 22.1 percent Wednesday to $5.10, on volume of 49,764 shares, eclipsing its full-day average of 30,152. Wednesday, the Company  reported quarterly sales of $5,528,000, a 29.9% increase versus the prior year amount of $4,254,000. Net income was $69,000 versus $163,000 in the prior year first quarter.

LCAV gains, BAC busy, TRID stumbles

Wednesday, January 5th, 2011

LCAVision Inc. (Nasdaq: LCAV) gained 27.7 percent in price Wednesday to $7.28. Volume of 233,275 shares nearly quadrupled its all-day average. The Cincinnati-based laser vision service today reported that 10,891 procedures were performed during the fourth quarter of 2010, compared with 11,718 procedures (68 vision centers) during the fourth quarter of 2009.

Bank of America Corp..(NYSE: BAC) traded in 111,654,355 shares, better than half its daily average of 216,652,000. Prices for the stock gained 1.65 percent to $14.48, a day after declaring dividends on preferred stock.

Trident Microsystems Inc. (Nasdaq: TRID) dipped 14.1 percent Wednesday to $1.64, on volume of 2,532,140 shares, nearly four times its full-day average, on news TRID introduced a new system-on-chip (SoC) family designed for the next generation of Web-enabled TVs.

OPXA soars, C deals, TSTY turns south

Wednesday, January 5th, 2011

Opexa Therapeutics Inc. (Nasdaq: OPXA) shares leaped 80.8 percent to $2.82. Volume of 3.2 million shares, triumphed over usual volume of 70,317. The Woodlands, Texas-based cell therapy company said that after meeting twice with the U.S. Food and Drug Administration, it is preparing a Phase III clinical study of Tovaxin, a drug intended to treat multiple sclerosis.

Citigroup (NYSE:C) was a volume leader Wednesday, trading in 122,929,357, gaining on a full-day average of 538,020,000. Shares gained 0.7 percent to $4.94.

Tasty Baking Company (Nasdaq: TSTY) shed 33 percent to $4.31, on 159,504, compared to usual volume of below 10,000. TSTY announced today that preliminary financial data indicate the Company did not achieve the expected operational cash savings from this bakery during the fourth quarter.