Posts Tagged ‘Technology Stocks’

ELGX excels, INTC moving, IDSA idles

Wednesday, February 23rd, 2011

Endologix Inc. (Nasdaq: ELGX) shares rose 13.6% to $6.25, on share volume topping two million, more six times its average, after the maker of medical devices reported fourth-quarter income that beat Wall Street’s expectations.

Intel Corp. (Nasdaq: INTC) traded Wednesday in 72.2 million shares, surpassing a daily average of 53.3 million. Prices for the chip-maker skidded 2.7% to $21.22.

Industrial Services of America (Nasdaq: IDSA) faded 16.4% to $10.75 Wednesday, on share volume of more than 301,000, quintuple its daily average, after issuing guidance for last year’s fourth quarter, during which revenue is expected to be between $96 and $101 million compared with $37.7 million for the fourth quarter of 2009.

BDCO swims, CSCO busy, FFHL futile

Wednesday, February 23rd, 2011

Blue Dolphin Energy Corp. (Nasdaq: BDCO) galloped 53.8% to $5.75, on share volume of 1.2 million, towering over its daily average of 17,444.

Cisco Systems Inc. (Nasdaq: CSCO) was among the volume leaders Wednesday, trading in 46.8 million shares, pursuing a daily average of 71.6 million. Prices for CSCO settled 1.2% to $18.36.

Fuwei Films Holdings, INC. (Nasdaq: FFHL) faded 24.4% to $4.73 Wednesday, on share volume of more than 370,000, nearly four times its daily average, after the company announced that it received lowest anti-dumping duty (ADD) rate of 30.91%, while the ADD for four other Chinese companies was 36.93%, as the US Department of Commerce began its annual anti-dumping duty review.

GASS cooking, SIRI busy, UFPT underwhelms

Wednesday, February 23rd, 2011

StealthGas, Inc. (Nasdaq: GASS) shares jumped 7% to $7.01, on share volume of 52,000, pursuing a daily average of 72,429, after announcing net income of $11.1 million or $0.51 per share for fiscal 2010.

Sirius XM Radio Inc. (Nasdaq: SIRI) traded in 17.7 million shares Wednesday, compared to an all-day average of 51.1 million. Prices for SIRI subsided 1.7% to $1.69.

UFP Technologies, Inc. (Nasdaq: UFPT) shares slid 8% to $16.83, on share volume of 171,346, surpassing its daily average of 131,717, after it reported yearly net income of $9.2 million or $1.37 per diluted common share outstanding, 56% higher than net income of $5.9 million or $0.94 per diluted common share outstanding for its 2009 fiscal year.

DEP surges, C clicks, HSFT softens

Wednesday, February 23rd, 2011

Duncan Energy Partners LP (NYSE: DEP) shares climbed 23.4% to $40.17 on share volume of 655,000, more than eight times its average, after Enterprise Products Partners LP (NYSE: EPD) said Wednesday that it offered to buy its smaller rival for more than $2.4 billion.

Citigroup Inc. (NYSE: C) traded in 212.4 million shares, catching up on a full-day average of 544.2 million shares. Share prices dipped 0.6% to $4.66.

HiSoft Technology International Limited (Nasdaq: HSFT) shares capsized 23.3% to $24.09, on share volume of 729,000, or nearly triple its daily average, after it announced that it will provide a bad debt provision of $3.5 million, or approximately $0.15 to $0.16 U.S. per ADS, for 2010

TDSC number one, F does brisk trade, KSWS strikes out

Thursday, February 17th, 2011

3D Systems Corporation (Nasdaq: TDSC) shares zoomed 40.4% higher to $49.36, on volume of 973,494 shares, more than 10 times its daily average, after announcing its Q4 profits nearly tripled.

Ford Motor Company (NYSE: F) traded Thursday in 53.6 million shares, falling short of its daily average of 86 million. F prices were in reverse 0.3% to $15.93.

K-Swiss Inc. (Nasdaq: KSWS) lost 10.8% in price Thursday to $9.98. Volume was 620,716 shares, squashing a daily average of 96,950. The company reported today that net loss for the fourth quarter of 2010 was $20.6 million, compared to a loss of $12.5 million for the prior-year period.