Posts Tagged ‘pharmaceutical stocks’

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PSTI leaps, INTC does brisk trade, EDMC sinks

Monday, January 10th, 2011

Pluristem Therapeutics Inc. (Nasdaq: PSTI) shares gained 21% to $2.25 Monday. Volume of 1,292,669 shares proved more than eight times its usual volume, on word after National Securities initiated coverage of the maker of cell therapy products with a “buy” rating.

Intel Corp. (Nasdaq: INTC) traded in 33,375,408 shares, more than half its daily average of 55,527,400. Prices for INTC inched ahead 0.2 percent to $20.69. INTC today unveiled its Connected Store concept, a two-story, 2,400 square-foot futuristic retail storefront equipped with the latest technology for the retail and digital signage market segments.

Education Management Corp. (Nasdaq: EDMC) went south 16.7 percent Monday to $13.84. Volume for the stock of 526,570 shares far surpassed its daily average of 351,042. EDMC is a leading provider of post-secondary education.

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Posted in Health Care Stocks, Technology Stocks | 1 Comment »

MHAN moves, GERS popular, CVSL stumbles

Monday, January 10th, 2011

Manhattan Pharmaceuticals Inc. (OTCBB: MHAN) skyrocketed 341.2 percent Monday to 7.5 cents. Volume for the stock was 1.68 million, compared to a mere 57,892 shares on average, on word that the company entered into a settlement and release agreement with Nordic Biotech Fund II K/S and H Pharmaceuticals K/S.

Greenshift Corp. (OTCBB: GERS) traded in 122.01 million shares, nearly double its daily average. Shares traded at one-100ths of a cent, or half of where they closed Friday. GERS develops and commercializes clean technologies designed to address the financial and environmental needs of its clients by decreasing raw material needs.

Cardio Vascular Medical Device Corp. (OTCBB: CVSL) went for a dive of 57.22 percent Monday afternoon to eight-10ths of a cent. Volume for the stock was 382,400 shares, compared to its usual volume of 35,474 shares. The business plan of CVSL is to develop a medical device application utilizing a patent pertaining to a maneuverable coiled guidewire.

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Posted in Energy Stocks, Health Care Stocks | No Comments »

ACAD climbs, F hiring, INUV suffers

Monday, January 10th, 2011

ACADIA Pharmaceuticals Inc. (Nasdaq: ACAD) shares gained 34.8% to $1.55 Monday. Volume of 8,207,414 shares proved 12 times its usual volume of 674,665, after ACAD entered into an agreement, to fund its research into Parkinson’s disease.

Ford Motor Company (NYSE: F) was a volume leader Monday, trading in 38,100,313 shares, nearly half its daily average of 82,773,700. Prices for F nipped up 0.9 percent to $18.43. The car maker Monday announced that it planned to hire more than 7,000 workers in the next two years.

Inuvo, Inc (Amex: INUV) got bruised 20.5 percent by noon ET Monday to $4.03. Volume for the stock was 153,338 shares, already surpassing its daily average of 131,311 shares. INUV announced today that revenue for the quarter ended December 31, 2010 would be approximately $14 million. This represents a 46% increase over the $9.6 million of revenue in the same quarter of 2009 and is slightly lower than the third quarter of 2010.

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

GENE displays sheen, C trades widely, STRA strays

Monday, January 10th, 2011

Genetic Technologies Ltd (Nasdaq: GENE) grew 71 percent in price Monday to $2.53. Volume of 191,089 shares proved nearly 100 times its full-day average volume. GENE is a leading-edge genetic testing business which, together with an extensive range of international patents and allied research activities, aims at uncovering the impact of DNA on health.

Citgroup Inc. (NYSE: C) traded Monday in 176,181,317 shares, compared to its daily average of 546,005,000. Prices for the stock tailed off 0.9 percent to $4.89. Citigroup Inc. today announced that it has received requisite consents from holders of CitiFinancial Credit Company’s 6.625% Notes due 2015 and is extending the early tender date and consent date of its exchange offer.

Strayer Education Inc. (Nasdaq: STRA) lost 22.2 percent in Monday trading to $119.30. Volume for the stock was 1,334,882 shares, more than four times its daily average. STRA is an education services holding company that owns Strayer University and certain other assets.

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Posted in Financial Stocks, Health Care Stocks | 1 Comment »

SKH healthy, PFE prolific, CRWS loses steam

Thursday, January 6th, 2011

Skilled Healthcare Group, Inc. (NYSE: SKH) grew 11.9 percent in price Thursday to $10.69. Volume of 1,671,080 shares proved better than four times its normal daily volume. The Calif.-based SKH today announced it has updated its 2010 full year non-GAAP earnings estimates and expects consolidated revenue to be approximately $816 million to $819 million.

Pfizer Inc. (NYSE: PFE) traded Thursday in 116,762,111 shares, nearly triple its daily average. Prices for the stock inched up 0.4 percent to $18.18 to close Thursday afternoon.

Crown Crafts Inc (Nasdaq: CRWS) lost 11.4 percent in Thursday trading to $4.43. Volume for the stock was 116,796 shares, nearly 10 times its daily average. Louisiana-based CRWS projected net sales for fiscal 2011 to be in the $91.0 million to $93.0 million range.

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

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