Posts Tagged ‘Technology Stocks’

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VG clicks, S sprints, FDO bogs down

Wednesday, January 5th, 2011

Vonage Holdings Corp. (NYSE: VG) soared 17 percent in price Wednesday to $2.69. Volume for VG was 11,214,128 shares, more than its all-day average, as the company said that it added 6,000 lines in the most recent quarter — the first quarterly gain in subscribers in more than two years.

Sprint Nextel Corporation (NYSE: S) was a volume leader Wednesday, trading in 61,162,329 shares, or about 10 percent more than its daily average. Prices for the stock gained 4.5 percent to $4.65. The third-largest U.S. wireless carrier refused to purchase debt form Clearwire Corp. (Nasdaq: CLWR), which is running a risk of defaulting its loan agreements. Sprint shares rose on this news.

Family Dollar Stores Inc. (NYSE: FDO) dropped 8.4 percent Wednesday to $45.17, on volume of 8,908,228 shares, nearly five times its full-day average. FDO said that its fiscal first-quarter profit climbed 10 percent as more shoppers came to its stores to purchase items like candy and food.

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

DEXO surges, CSCO selling, MTSN falters

Wednesday, January 5th, 2011

Dex One Corporation (NYSE: DEXO) climbed 13.5 percent in price Wednesday to $8.75. Volume of 950,282 shares surpassed its all-day average of 621,472. The marketing consulting firm helps local businesses reach, win and keep ready-to-buy customers.

Cisco Systems Inc. (Nasdaq: CSCO) was a volume whiz Wednesday, trading in 50,051,376 shares, still below its daily average of 70,740,300. Prices for the stock gained 1.2 percent to $20.76. CSCO has a news conference planned for today in Las Vegas, during which it will make an announcement regarding its role in helping service providers and content providers meet the challenges and opportunities presented by the convergence of pay TV, online and on-demand video.

Mattson Technology Inc. (Nasdaq: MTSN) dropped 10.2 percent Wednesday to $2.30, on volume of 3,698,718 shares, nearly seven times its full-day average. MTSN, based in Fremont, Calif., is a leading supplier of advanced process equipment used to manufacture semiconductors.

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GCFB jumps, ATHR sells, AEN ails

Wednesday, January 5th, 2011

Granite City Food & Brewery Ltd (Nasdaq: GCFB) climbed 28.8 percent in price Wednesday to $5.15. Volume of 435,825 shares proved more than 30 times its all-day average. GCFB is a Modern American, upscale casual restaurant chain that operates 26 restaurants in 11 states.

Atheros Communications Inc. (Nasdaq: ATHR) was busy Wednesday, trading in 59,373,397 shares, dwarfing its daily average of 2,139,870. Prices for the stock gained 1.1 percent to $44.50. The firm is under investigation related to the proposed buyout of Atheros by Qualcomm.

Adeona Pharmaceuticals Inc. (AMEX: AEN) dropped 17.3 percent Wednesday to $1.53, on volume of 1,034,404 shares, more than four times its full-day average. AEN is a developer of innovative medicines for serious central nervous system diseases, based out of Ann Arbor, Michigan.

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

SBJX leaps, ESYR active, TYRIA trying

Wednesday, January 5th, 2011

Subjex Corp. (OTCBB: SBJX) flew high in early afternoon trading Wednesday, gaining a whopping 900 percent in price to 1.1 cents. Volume for the stock was 756,000 shares, tramping its daily average volume of 24,135. Subjex and Penny20, Inc., an auction company, today announced a non-exclusive, five year strategic partnership technology investment agreement.

EcoSystem Corp. (OTCBB: ESYR) dealt in 51.1 million shares, compared to a daily average of 27.84 million. Prices doubled to two-100ths of a cent. ESYR is a technology development company with a focus on cleantech innovations designed to resolve compelling ecological challenges while producing value added carbon neutral and negative products.

Trey Resources Inc. (TYRIA) halved in price to one-100th of a cent Wednesday, on volume of 5.01 million shares, contrasted with a daily average of 16.7 million. The Company consults for small and medium sized businesses and value-added resellers and developers of financial accounting software.

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MAG magnificent, F strong, WSCI slips

Wednesday, January 5th, 2011

Magnetek Inc. (NYSE: MAG) shot ahead 13.7 percent in price Wednesday to $1.58. Volume of 381,794 shares proved more than five times its all-day average. The company is a leading provider of digital power and motion control systems.

Ford Motor Company (NYSE: F) traded in 80,027,294 shares, to within spitting distance of its daily average. Prices for the stock gained 3 percent to $17.90. The car maker yesterday reported 2010 sales figures of 1.935 million units, up 19 percent from 2009.

WSI Industries Inc. (Nasdaq: WSCI) dropped 22.1 percent Wednesday to $5.10, on volume of 49,764 shares, eclipsing its full-day average of 30,152. Wednesday, the Company  reported quarterly sales of $5,528,000, a 29.9% increase versus the prior year amount of $4,254,000. Net income was $69,000 versus $163,000 in the prior year first quarter.

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