Posts Tagged ‘NYSE’

CONN conquers, F popular, GFC sags

Thursday, December 2nd, 2010

Conn’s Inc. (NasdaqGS: CONN) soared 18.89 percent to $3.84 in afternoon trading Thursday. Volume 503,156 shares nearly doubled its normal full-day average volume. Consumer electronics chain Conn’s Inc. said Thursday that its third-quarter loss narrowed to $5.1 million, or 23 cents per share, compared with a loss of $14.4 million, or 64 cents per share, during the same period a year prior

Ford Motor Company (NYSE: F) had great volume Thursday afternoon, dealing in 60,101,842 shares, rapidly catching up on its full-day average of 83,619,400. Ford shares advanced 2.34 percent to $16.84. The carmaker announced today that consumer demand for its new lineup of fuel-efficient vehicles triggered a 24-percent sales increase in November, compared with a year ago, according to a news release from the company. Ford sold 147,338 units last month.

Genova Financial Group Ltd. (NYSE: GFC) dropped 13.69 percent in price early afternoon Thursday to $22.00, on volume of 87,124 shares, or nearly eight times its full-day average. The Bermuda-based bank announced last month a share consolidation on the basis of one ordinary share for every five ordinary shares of the company

KUTV sings, LVS deals, CYDE goes south

Thursday, December 2nd, 2010

Ku6 Media Co., Ltd.(NasdaqGM: KUTV) gained in price 26.66 percent to $7.60 in afternoon trading Thursday. Volume was 503,156 shares, more than 11 times its normal full-day average volume. Ku6 Media Co., Ltd. operates as an online video company in the People’s Republic of China.

Las Vegas Sands Corp. (NYSE: LVS) had great volume Thursday afternoon, dealing in 68,612,504 shares, more than double its full-day average of 33,340,400. Shares dropped 4.32 percent, however, to $49.12. LVS’ Hong Kong- listed unit Sands China Ltd. said the Macau government rejected an application to develop the final two land parcels in its China expansion plan.

CyberDefender Corporation (NasdaqGM: CYDE) dropped 14.89 percent early afternoon Thursday to $2.80, on volume of 229,988 shares, more than six times its full-day average. The Los Angeles-based CYDE, a provider of Internet security software today announced the award of a patent on its Threat Protection Network.

MOV moves, S does brisk trade, CN sheds in price

Thursday, December 2nd, 2010

Movado Group Inc. (NYSE: MOV) gained in price 21.99 percent to $15.20 in early afternoon trading Thursday. Volume was 176,688 shares, more than double its normal full-day average volume. The company based in Paramus, N.J., said Thursday that it earned $16.9 million, or 68 cents per share, for the three months ended Oct. 31. That compares with a loss of $20.9 million, or 85 cents per share, a year ago.

Sprint Nextel Corporation (NYSE: S) had great volume leaders Thursday afternoon, dealing in 87,500,069 shares, more-than double its full-day average of 44,845,900. Shares nudged up 4.38 percent to $3.93. Digi International today introduced the industry’s first commercial-grade integrated 4G routers – the Digi Connect WAN 4G and ConnectPort X4 4G. Certified by Sprint and Clearwire, the routers provide next generation, high-speed, low latency connectivity via 4G networks to remote sites, devices and device/sensor networks.

CNinsure Corp. (NasdaqGS: CISG) dropped 21.17 percent early afternoon Thursday to $17.46, on volume of 1,560,720 shares, nearly twice-and-a-half its average daily volume. The Chinese-based CISG is a leading independent insurance intermediary company.

KKR up, BAC a volume leader, KR slips

Thursday, December 2nd, 2010

Krispy Kreme Doughnuts (NYSE: KKD) found its stock price 18.18 percent sweeter to $7.28 as the clock approached noon ET Thursday. Volume was 3,325,872 shares, more than five times its normal full-day average volume. The North Carolina-based chain reported third-quarter results Wednesday showing revenues increased 7.9% to $90.2 million from $83.6 million in the same quarter last year.. Operating income rose to $4.1 million from $633,000

Bank of America Corporation (NYSE: BAC) was among the volume leaders Thursday noon ET, dealing in 153,785,857 shares, closing in on its full day average of 201,913,000. Shares nudged up 2.88 percent to $11.61.

Kroger Company (NYSE: KR) dropped 8.76 percent by noon Thursday to $21.77, on volume of 22,100,457 shares, nearly four times its average daily volume. Today, KR reported third-quarter net earnings totaled $202.2 million, or $0.32 per diluted share. In the third quarter of fiscal 2009, Kroger reported a net loss of $874.9 million, or $1.35 per diluted share

WBD goes wild, C busy, ARO loses air

Thursday, December 2nd, 2010

Wimm Bill Dann Foods OSJC (NYSE: WBD) gained 28.12 percent to $31.40 soon after Thursday’s open. Volume was 3,024,031 shares, more than seven times its normal full-day average volume. PepsiCo. today announced that it has agreed to acquire 66% of Wimm-Bill-Dann for $3.8 billion, pending the required government approvals.

Citigroup Inc. (NYSE: C) found its shares flying off the shelves early Thursday, dealing in 157,979,787, its full day average being 466,277,000. Shares nudged up 2.44 percent to $4.41.

Aeropostale Inc. (NYSE: ARO) dropped 13.25 percent in late Thursday morning trading, to $23.25, on volume of 5,770,554 shares, nearly double its average daily volume. The specialty clothing retailer Wednesday reported net income of $58.5 million, or 63 cents per diluted share, on sales of $602.8 million for the quarter ending Oct. 30. That compares to net income of $62.6 million, or 61 cents per diluted share, on sales of $567.8 million in the same quarter last year.