Posts Tagged ‘Technology Stocks’

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ITT is it, GE active, CPF falters

Wednesday, January 12th, 2011

ITT Corp. (NYSE: ITT) shares gained 13.9% to $60.10 Wednesday after the defense contractor said it would split into three separate publicly traded companies. Volume of 14,510,255 overwhelmed a full-day average of 1,262,170.

General Electric Company (NYSE: GE) traded in 31,018,867 shares Wednesday, just better than half its all-day average of 57,041,400. Prices for GE were flat at $18.64. Wednesday, GE Intelligent Platforms announced the PCIE-5565PIORC low profile PCI Express reflective memory node card

Central Pacific Financial Corp. (NYSE: CPF) fell 8.2 percent Wednesday to $2.25. Volume for the stock was 924,167 shares or nearly 4 1/2 times its daily average, only a day after double-digit stock gains.

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Posted in Financial Stocks, Industrial Stocks | 1 Comment »

ASTM up, GE with bright volume, ESI falters

Monday, January 10th, 2011

Aastrom Biosciences Inc. (Nasdaq: ASTM) shares gained 22.7 percent to $3.19 Monday. Volume of 8,380,362 shares was more than 3 1/2 times its usual volume. The company will be presenting Phase 2 Surgical-DCM six-month results sometime this month.

General Electric Company (NYSE: GE) traded in 51,542,124 shares Monday afternoon, just shy of its daily average of 57,051,500. Prices for GE inched up 0.7 percent to $18.56. GE Energy Financial Services, and Bankers Commercial Corporation, a unit of UnionBanCal Corporation, announced today that they have purchased the first wind farm to start operations in one of the largest wind energy projects in the United States.

ITT Educational Services, Inc. (NYSE: ESI) dipped 12.3 percent Monday to $56.62. Volume for the stock of 1,899,031 shares doubled its daily average, and then some. ESI is a leading provider of post-secondary degree programs.

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

ADMT gallops, ILNS busy, GCMI trips

Monday, January 10th, 2011

ADM Tronics Unlimited. Inc. (OTCBB: ADMT) soared 133.33 percent to 2.1 cents Monday afternoon. Volume for this microcap stock was 1.11 million, overwhelming its usual daily volume of 39,572. ADMT is a technology-based developer and manufacturer of diversified lines of products and derives revenue from the production and sale of environmentally safe chemical products.

Intellect Neurosciences Inc. (OTCBB: ILNS) was one of the busiest microcaps Monday, trading in 78.3 million shares, or nearly five times its normal daily average. Prices vaulted 10.5 percent to 21-100ths of a cent. ILNS is a biopharmaceutical company with an internal preclinical and clinical-stage pipeline and multiple licenses with major pharmaceutical companies.

Geos Communications Inc. (OTCBB: GCMI) took a header of 68.6 percent late Monday afternoon to 1.1 cents. Volume was 381,820 shares, more than 10 times its normal daily average. GCMI is a developer and distributor of mobile applications and communications services.

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

GKK gets some traction, S trades widely, GNI in the swamp

Monday, January 10th, 2011

Gramercy Capital Corp. (NYSE: GKK) shares gained 10.4 percent to $3.09 Monday. Volume of 1,551,914 shares was more 2 1/2 times its usual volume. GKK is a self-managed integrated commercial real estate finance and property investment company.

Sprint Nextel Corp. (NYSE: S) traded in 47,181,985 shares Monday afternoon, approaching its daily average of 51,474,800. Prices for S trailed Friday’s close by 2.9 percent to $4.55. Consumers today will begin seeing TV advertising in a campaign touting the benefits of the company’s third 4G-capable smartphone.

Great Northern Iron Ore Properties (NYSE: GNI) dipped 21.6 percent Monday to $104.42. Volume for the stock of 121,377 shares proved 11 times its daily average, after Citron Research issued a negative report on the company.

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Posted in Energy Stocks, Financial Stocks, Technology Stocks | No Comments »

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 »

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