Posts Tagged ‘NYSE’

BSQR rises, DYN does record business, GNI loses strength

Wednesday, December 15th, 2010

BSQUARE Corp. (NasdaqGM: BSQR) rallied 15.85 percent Wednesday afternoon to $8.04. Volume of 580,241 shares proved more than six times its full-day average. BSQR, based in Bellevue, Wash., announced that China Mobile Communications Corporation, the world’s largest mobile operator with over 200 million subscribers, has selected TestQuest Countdown, an automated testing solution from BSQUARE, to automate remote data services testing in all thirty-one of the operator’s provincial operating subsidiaries.

Dynegy Inc. (NYSE: DYN) traded widely Wednesday afternoon, dealing in 43,314,680 shares, better than six times its full-day average. Share prices improved 3.49 per cent, to $5.64. The Houston-based DYN has unanimously approved a definitive agreement to be acquired by Icahn Enterprises L.P. in a tender offer followed by a merger for $5.50 per share in cash, or approximately $665 million

Great Northern Iron Ore Properties (NYSE: GNI) fell 10.30 percent in Wednesday afternoon trading to $128.40. Volume of 29,887 shares trumped its full-day average of 7,751.

THLD jumps, BAC active, SYX slumps

Wednesday, December 15th, 2010

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) vaulted 21.05 percent Wednesday noon to $1.38. Volume of 1,028,078 left its full-day average of 34, 640 in the dust. THLD, based in Redwood City, Calif., is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

Bank of America Corp. (NYSE: BAC) was among the volume leaders Wednesday noon, trading in 57,485,230 shares, nearing its full-day average of 210,883,000. Share prices improved 0.7 per cent, to $12.48. U.S. equities are the primary beneficiary of the continuing upswing in global investor sentiment, according to the BofA Merrill Lynch Survey of Fund Managers for December. A net 44 percent of the respondents predict the world’s economy to strengthen in 2011, compared to 35 percent a month earlier.

SYSTEMAX INC. (NYSE: SYX) ) fell 4.96 percent in Wednesday morning trading to $12.45. Volume of 116,067 shares better than doubled its full-day average. The Company sells personal computers, computer components and supplies, consumer electronics and industrial products

SAM hoists price, RF busy in volume, ABCW slides

Wednesday, December 15th, 2010

Boston Beer Company (NYSE: SAM) tapped the keg 13.56% higher Wednesday morning to $96.16. Volume of 190,087 easily trumped its full-day average of 72,537. The company brews Samuel Adams Boston Lager.

Regions Financial Corporation (NYSE: RF) was among the volume leaders Wednesday exchanging 64,408,658 shares, better than double its full-day average. Share prices improved 2.1 per cent, to $6.33. Regions Financial Corporation provides of consumer and commercial banking, trust, securities brokerage, mortgage and insurance products and services.

Anchor BanCorp Wisconsin Inc. (NasdaqGS: ABCW) reversed 13.18 percent in Wednesday morning trading to $1.12. Volume of 161,847 shares outdistanced its full-day average of 105,797. AnchorBank fsb, the wholly-owned subsidiary, has 57 offices. All are located in Wisconsin.

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.

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.