Posts Tagged ‘NYSE’

« Older Entries
Newer Entries »

Early NYSE volume movers: Citigroup (NYSE: C), GTN.A, GKK tumbles

Monday, November 15th, 2010

Gray Television Inc, (NYSE: GTN.A) jumped 9.68 percent in price Monday morning to $1.70. Volume was 370 shares, compared to a three-month daily average of 1,458. The Atlanta-based Gray is a television broadcast company, currently operating 36 television stations serving 30 markets.

Citigroup Inc. (NYSE: C) proved the early volume leader in Monday trading, exchanging 103,146,803 shares, compared to its daily average of 470,269,000. C shares gained 1.17 percent to $4.34 in the first 90 minutes of trading. Bank stocks in general were busy Monday, amid increased speculation Ireland will get some sort of bailout from the European Union.

Gramercy Capital Corp. (NYSE: GKK) tumbled 11.17 percent in price to $15.50. Volume was 5,730 shares; three-month averages were not available at press time.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Financial Stocks | No Comments »

CPC soars, ALU sells, ARBX trips

Thursday, November 11th, 2010

Chemspec International Limited (NYSE: CPC) positively sang in early afternoon trading Thursday, chugging ahead 20.89 percent to $7.64. Volume in CPC was 178,054 shares, nearly quadruple its daily volume average. The Shanghai-based contract manufacturer of highly-engineered specialty chemicals has set Friday morning to announce its third-quarter financial results.

Alcatel-Lucent (NYSE: ALU) reported wide volume of 41,327,621 shortly after noon ET, nearly triple its full-day volume average. Shares took a bit of a beating, 3.18 percent, to $3.04.  The Las Vegas-based transformation partner reported Thursday that its IPTV Micro-Architecture solution designed for underserved smaller local and regional markets garnered a TelcoTV Vision Award in the “Most Innovative Middleware” category at TelcoTV 2010, the largest video conference and expo focused on the U.S. service provider market.

Arbinet Corporation (NasdaqGM: ARBX) got stung Thursday afternoon 21.02 percent in price to register at $5.45. Volume was 23,083 shares, in contrast to usual volume of 3,545. The telecommunications concern, based in Herndon, Va., reported Thursday total revenues for the third quarter 2010 were $85.2 million, a 1.4% increase from total revenues of $83.9 million for the third quarter 2009. Third-quarter 2010 gross profit was$3.5 million, down 6.8% compared with $3.8 million in the third quarter 2009

Tags: , , , , ,
Posted in Industrial Stocks, Technology Stocks | No Comments »

PRPH points higher, F rolls off lot, AH ailing

Thursday, November 11th, 2010

ProPhase Labs Inc. (NasdaqGM: PRPH) charged ahead in early afternoon trading Thursday, gaining 32.69 percent to $1.38. Volume was 25,509 shares, or more than four times its daily average. The drug company, based in Doylestown, Pa., Wednesday reported quarterly net sales of $5.20 million for the three months ended September 30, 2010, compared to net sales of $4.98 million for the prior-year quarter. PRPH realized quarterly net income of $947,000, or $0.06 per share, compared to net income of $1.2 million, or $0.09 per share, the year before.

Ford Motor Company (NYSE: F) sold widely Thursday, reporting volume in the early afternoon of 59,075,023 shares, compared to a full-day average of 69,745,000.  F shares stepped back 0.57 percent, though, to $16.55. Thursday, Ford Motor Co. Chief Executive Officer Alan Mulally said the company “deeply” appreciates the efforts by President Barack Obama and Ambassador Ron Kirk to negotiate a “meaningful” free trade agreement with Korea. Ford will continue to work closely with the Obama administration and Congress to fully open the Korean market to American-made cars and trucks.

Accretive Health Inc. (NYSE: AH) fared not so well in early Thursday afternoon trading, falling in price by 10.15 percent to $8.76. Volume in AH stock was 323,279 shares, compared to a daily average volume of 104,111 shares.  The Chicago-based company, which helps hospital systems manage their revenue cycles, said Thursday it turned a profit in the third quarter. AH said its net income totaled $2.9 million, or three cents per share. In the third quarter of 2009, the company distributed $8 million in dividends on preferred shares, and reported a loss of $3.8 million, or 11 cents per share. Its revenue rose 18 percent to $158.4 million from $134.5 million. However, analysts expected a profit of six cents per share and $172.4 million in revenue.

Tags: , , , , , , ,
Posted in Consumer Discretionary Stocks, Health Care Stocks | No Comments »

Lights bright on Broadway, C, BAC among volume leaders, CELH cools off

Thursday, November 11th, 2010

Broadway Financial Corporation (NasdaqCM: BYFC) enjoyed a banner morning Thursday, opening 29.57 percent higher in price to $2.41. Opening volume may have been a scant 7,175 shares, but still twice its average for the whole day. The bank’s parent, Broadway Federal Bank, f.s.b., founded in 1946, is the leading community-oriented savings bank in Southern California serving low to moderate income communities.

Citigroup Inc. (NYSE:C) was among the volume leaders in the early going of Thursday’s session, trading in 85,696,412 shares. Daily average in the banking conglomerate is 471,294,000 shares. Prices for Citigroup, however, slid 1.13 percent to $4.37. The company announced Thursday morning that it had sold a $1.4-billion portfolio of multifamily and commercial real estate loans to OneWest Bank on Thursday, as the larger bank continued to shed assets it considers unrelated to its main banking businesses.

Bank of America Corporation (NYSE:BAC) saw its shares fly thick and fast in Thursday’s session, trading in 39,796,719 shares, a large fraction of its daily average of 195,038,000. BAC shares decreased in price, though, 1.75 percent to $12.35, after announcing that it had sold most of its stake in BlackRock, the world’s largest money manager. BAC sold 43.6 million shares for $163 per share, putting a $7-billion value on the deal.

Celsius Holdings Inc. (NasdaqCM: CELH) saw its shares dip in price 30.66 percent in early Thursday trading to 95 cents. Volume was 189,585 shares, trampling its daily average of 24,289. CELH Wednesday announced revenue for the quarter totaled $1.8 million as compared to $1.3 million for the same quarter in 2009, an increase of 32%. The Company recorded a net loss of $5.0 million for the 2010 quarter as compared to $2.7 million for the same period last year.

Tags: , , , , , ,
Posted in Financial Stocks | No Comments »

OPTC greets new suitor, CSCO sells widely, ANW sinks

Thursday, November 11th, 2010

Optelecom-NKF Inc. (NasdaqCM: OPTC) leaped out of the blocks Thursday morning, gaining 50.57 percent to $2.38. Volume was 635,042 shares, in contrast with a three-month daily average of just over 5,600. The news comes amid word that Dutch company TKH Group N.V. has agreed to acquire all of the outstanding shares of Optelecom-NKF in an all cash merger transaction for $2.45 per share.

Cisco Systems Inc. (NasdaqGS: CSCO) proved the early volume leader Thursday, trading in 226,596,870 shares, nearly quadruple its daily average in just the session’s first hour.  The stock’s price, however, trailed yesterday’s close by 14.94 percent to $20.84. The news follows the networking equipment giant’s second-quarter forecast. Late Wednesday, Cisco said it expects sales for the three months ending in January to rise just three to five percent from a year ago — well short of the 13-percent growth that analysts surveyed by FactSet Research had been anticipating for year-over-year revenue.

Aegean Marine Petroleum Network (NYSE: ANW) fell hard in early dealings Thursday, losing 34.75 percent in price to $10.40, a new 52-week low. Volume of 7,332,076 shares dwarfed the daily average of 520,606. The Greek company said Wednesday its net income slid to $4.6 million, or 10 cents per share, compared with $14.1 million, or 33 cents per share, in the year-ago period. Excluding items it earned 16 cents, less than half what analysts expected.

Tags: , , , , , ,
Posted in Energy Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »