Posts Tagged ‘Technology Stocks’

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DTLK has rosy outlook, VZ turns up volume, ONSM slips

Tuesday, January 18th, 2011

Datalink (Nasdaq: DTLK) sprinted ahead 29.1 percent to $5.86, a three-year high. Volume of 1,649,908 shares trampled its full-day volume average of 35,395, on word DTLK raised its fourth-quarter outlook on increased demand for its storage products.

Verizon Communications Inc. (NYSE: VZ) was a volume leader Tuesday, trading in 41,815,258 shares, 2 ½ times its full-day average. Prices for the stock were down 3.1 percent to $34.36. VZ announced last week that it will begin selling Apple’s iPhone early next month.

Onstream Media Corporation (Nasdaq: ONSM) fell 14.3 percent to $1.08. Volume for the stock was 451,217 shares, towering over its all-day average of 78,272. ONSM is a leading online service provider of live and on-demand Internet broadcasting, corporate web communications and virtual marketplace technology.

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YGE in the green, INTC in groove, EMMS in doldrums

Tuesday, January 18th, 2011

Yingli Green Energy Holding Co. (NYSE: YGE) showed a lot of energy Tuesday, advancing 9.6 percent in price to $11.52. Volume was a hefty 6,437,078 shares, or nearly twice its full-day volume average. YGE is a leading solar energy company and one of the world’s largest vertically integrated photovoltaic manufacturers.

Intel Inc. (Nasdaq: INTC) got the word out Tuesday, trading in 41,828,185 shares, shy of its full-day average of 55,659,500. Prices for the stock were flat at $21.08. Arizona Gov. Jan Brewer wants to cut corporate income and business equipment taxes as well as expanding breaks for INTC and other manufacturers.

Emmis Communications Corporation (Nasdaq: EMMS) fell 11 percent to $1.05. Volume for the stock was 320,382 shares, just a shade below its all-day average of 342,520.

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Posted in Energy Stocks, Technology Stocks | No Comments »

HEV has momentum, S popular, BDSI headed to court

Tuesday, January 18th, 2011

Ener1 Inc. (Nasdaq: HEV) showed a lot of energy Tuesday, advancing 23.6 percent in price to $4.55. Volume was a hefty 18,108,331, 30 times its full-day volume average. The lithium-ion battery maker announced it is teaming up with Wanxiang Electric Vehicle Group Ltd. to manufacture batteries for the Chinese market.

Sprint Nextel Corporation (NYSE: S) had busy trade, with 39,063,758 shares changing hands Tuesday, catching up on a full-day average of 53,171,100. Prices for the stock settled 1.2 percent to $4.39. Sprint said Tuesday that starting Jan. 30 it plans to charge an extra $10 a month for all smartphones getting unlimited data.

BioDelivery Sciences International (Nasdaq: BDSI) fell 13.1 percent to $3.32. Volume for the stock was 447,487 shares, nearly triple its all-day average. BDSI was one of several companies named Tuesday in a patent infringement lawsuit by MonoSol Rx, LLC.

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Posted in Health Care Stocks, Industrial Stocks, Technology Stocks | No Comments »

MCTC skyrockets, CCTR solid, VTDI not so visible

Tuesday, January 18th, 2011

MicroChannel Technologies Corp. (OTCBB: MCTC) soared 150 percent in price to 10 cents Tuesday. Volume for the stock was 118,510 shares, compared to a full-day average of just less than 40,000. MCTC is a development stage technology company focused on the identification, acquisition, and development of technologies and products which it believes has the potential for commercialization.

China Crescent Enterprises Inc. (OTCBB: CCTR) was a busy trader Tuesday, dealing in 77.1 million shares, compared to a daily average of 29 million shares. Prices went south, however, by 14.3 percent to 12-100ths of a cent. NuMobile, Inc. China Crescent and Savanna East Africa have partnered to build a wireless broadband network in Kenya.

Visitrade Inc. (OTCBB: VTDI) dipped 62.5 percent to 1.5 cents Tuesday. Volume was 22,700 shares, just nosing out its daily average of 16,522. VTDI focuses to operate as an online retailer of aftermarket Triumph motorcycle parts, accessories, and apparel.

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Posted in Consumer Discretionary Stocks, Technology Stocks | No Comments »

TRCI soars, GE active, LLEN loses

Tuesday, January 18th, 2011

Technology Research Corp. (Nasdaq: TRCI) saw its shares gallop ahead 29.7 percent in price to $5.06. Volume was 631,246, overwhelmed its full-day volume average of 11, 160. TRCI announced Tuesday it had received an unsolicited indication of interest from Coleman Cable in acquiring it at a price of $5.50 per share in cash.

General Electric (NYSE: GE) traded widely Tuesday, dealing in 39,864,600 shares Thursday, catching up on a full-day average of 56,587,000. Prices for the stock cooled 0.9 percent to $18.65, on word the FCC has greenlighted the bid by cable magnate Comcast to take over NBC Universal.

L & L Energy, Inc. (Nasdaq: LLEN) fell 11.1 percent to $8.35. Volume for the stock was 2,217,606 shares, just better than double its all-day average. LLEN promoted David Lin to acting Chief Financial Officer, effective today. Lin will replace Rosemary Wang who is stepping down due to family reasons, but will remain on as a consultant.

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Posted in Energy Stocks, Technology Stocks | No Comments »

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