Posts Tagged ‘Technology Stocks’

CRIS soars, C active, S slips

Monday, March 21st, 2011

Curis Inc. (Nasdaq: CRIS) shares climbed 14% to $3.34, on three million shares, or five times its daily average, after the drug developer and its partner Roche Group announced positive results from a midstage study of their skin-cancer treatment.

Citigroup Inc. (NYSE: C) traded in 263 million shares Monday, closing in on a daily average of 482 million. C announced Monday it will slash the number of common shares outstanding through a 1-for-10 reverse stock split, and reintroduce a dividend

Sprint Nextel Corp. (NYSE: S) shares declined 13.4% to $4.38, on volume of 134 million shares, better than double its daily average of 55 million, a trading day after rival AT&T Inc. (NYSE: T) said it would acquire T-Mobile USA from Deutsche Telekom AG in a $39-billion deal that would make AT&T the largest U.S. wireless carrier.

FARO fabulous, GE does business, GM profits

Thursday, February 24th, 2011

Faro Technologies Inc. (Nasdaq: FARO) shares rose 17.9% to $35.19, on share volume of 396, 461, or six times its normal daily share volume, after the manufacturer of portable software measuring systems reported fourth-quarter results that exceeded estimates late Wednesday.

General Electric Company (NYSE: GE) was among the volume champions Thursday, dealing in 64.9 million shares, outdistancing a daily average of 59.4 million. Prices for GE forged 1.7% higher at $20.58.

General Motors Co. (NYSE: GM) shares slumped 4.5% to $33.02, on share volume of 63.3 million, more than triple its normal average, after the automaker reported an annual profit of $4.7 billion in 2010, its first annual profit since 2004.

GTLS tops chart, SIRI volume star, GSS loses shine

Thursday, February 24th, 2011

Chart Industries Inc. (Nasdaq: GTLS) shares rose 12.7% to $42.74, on share volume of just over one million, triple its average, after the engineered-equipment maker forecast 2011 results higher than analyst predictions.

Sirius XM Radio Inc. (Nasdaq: SIRI) bought and sold 33.2 million shares Thursday, making it a volume leader, but shy of its daily average of 52.1 million. Prices jumped 1.5% to $1.71.

Golden Star Resources Inc. (AMEX: GSS) prices capitulated 14.8% to $3.34 Thursday, on share volume of 10.7 million or three times its normal average, after announcing Wednesday full-year gold revenues of $432.7 million, up 8% over 2009, and a net loss of $8.3 million or $0.032 per share.

BKD grows, S rings it up, ALAN slumps

Thursday, February 24th, 2011

Brookdale Senior Living Inc. (NYSE: BKD) shares gained 9% to $25.55, on share volume of 1.8 million, or twice its average, a day after the operator of assisted-living housing reported a narrower fourth-quarter loss. Earlier Thursday, the company announced an agreement for an expanded corporate line of credit.

Sprint Nextel Corp. (Nasdaq: S) traded Thursday in 56.8 million shares, surpassing its daily average of 52.3 million. Prices added 1.8% to $4.28, after taking the wraps off its HTC Arrive smart phone.

Alanco Technologies Inc. (Nasdaq: ALAN) subsided 13.3% to $1.04 Thursday, on share volume of 113,000, more than six times its daily average.

PSGY makes grade, GERS active, BKPG dogs it

Thursday, February 24th, 2011

Princeton Security Technology Inc. (OTCBB: PSGY) was among the truly sparkling micro-caps Thursday, adding 66.7% in price to 20 cents. Volume was 106,000 shares, compared to a daily average of 15,831, a day after receiving new orders for its radiation detection technology.

Greenshift Corp. (OTCBB: GERS) traded in 43.4 million shares, making it a volume leader among small caps, though well below its usual average around 144.7 million. Share prices were flat at two-100ths of a cent.

Bark Group Inc. (OTCBB: BKPG) dipped 36.5% in price Thursday to 1.2 cents. Share volume was 289,600, in contrast to a daily average up around 831,000. BKPG is an innovative integrated U.S. advertising network of marketing companies with a multinational client base.