Posts Tagged ‘spy’

HTM shows its power, INS proves brainy, SPDR flies off shelves, DPW down

Monday, November 8th, 2010

U.S. Geothermal Inc. (AMEX: HTM) leaped 22.73 percent to $1.35, on volume of 1,986,007 shares, or nearly 10 times its daily average. The Boise, Idaho company has scheduled a conference call for Tuesday, to discuss second-quarter financials. U.S. Geothermal Inc., a renewable energy company focused on the production of electricity from geothermal energy, owns and operates geothermal power plants at Raft River, Idaho and San Emidio, Nevada, and is developing the Neal Hot Springs project in Oregon.

Intelligent Systems Corporation (AMEX: INS) went skyward 50.93 percent to $1.60 in early afternoon trading Monday.  INS share volume surpassed 13,650 shares, dwarfing its three-month daily average of 1,267. INS, based in Norcross, Georgia, for 30 years, has identified, created, operated and grown early stage technology companies.

SPDR S&P 500 (NYSEArca: SPY) led AMEX volume stocks early Monday afternoon by trading in 81,826,044 shares. Daily three-month average is 194,042,000 shares. The index-based issue lost some traction, though, faltering in price 0.18 percent to $122.50.

Digital Power Corporation (AMEX: DPW) gave back 11.28 percent in price in early afternoon trading Monday to $1.73. Volume quadrupled its three-month daily average at124,392 shares. The company, based in Fremont, Calif., last week reported third-quarter revenues increased by 87 percent to $3,186,000, compared to $1,708,000 for the quarter ended September 30, 2009. Net income was $303,000 for the quarter ended September 30, 2010, compared to a net loss of $205,000 for the same quarter last year.

C, SPY, BAC shares fly off shelves

Tuesday, November 2nd, 2010

Citigroup Inc. (NYSE: C) eked ahead 0.72 percent to $4.18 on 83,470,881 shares, to lead the midday volume pack Tuesday. Three-month daily average is 445,224,000. The stock’s 52-week range travels between $3.11 and $5.07. On Monday, Citi announced that its Global Transaction Services had been appointed depositary bank by Sumitomo Mitsui Financial Group, Inc. one of the largest banks in Japan.

SPDR S&P 500 ETF Trust (NYSEArca: SPY) picked up 0.65 percent in price to $119.37 by noon, on runner-up volume of 65,526,631, compared to three-month daily average of 192,600,000 shares. The stock’s 52-week range slid to 101.13 before vaulting to a peak of 122.12.

Bank of America Corporation (NYSE: BAC) settled back 1.26 percent to $11.35 at lunchtime, on volume of 64,880,210 shares, compared to the three-month average of 182,537,000 shares.  BAC was among the banks helping CITIC Dameng raise up to $400 million U.S. in an initial public offering of shares in Hong Kong by the end of this year.