Posts Tagged ‘Technology Stocks’

ETM beaming, UNG strong volume, YOKU stumbles

Thursday, December 16th, 2010

Entercom Communications Corp. (NYSE: ETM) vaulted 10.16 percent in price Thursday to close at $10.30. Volume of 203,323 shares outdid its daily average of 158,803 shares. Entercom Communications Corp. is one of the five largest radio broadcasting companies in the United States, with a nationwide portfolio in excess of 100 stations in 23 markets.

United States Natural Gas Fund (NYSEArca: UNG) was a volume leader Thursday, trading in 48,552,547 shares, doubling its daily average of 24,676,700. Share prices for UNG eased 4.85 percent to $5.54.

Youku.com Inc. (NYSE: YOKU) fell 9.31 percent Thursday to close at $30.20, on volume of 5,865,290 shares, just better than half its daily average. YOKU is a leading Chinese Internet television company.

BWOW wows, CSCO busy, LPHI steps back

Thursday, December 16th, 2010

Wowjoint Holdings Ltd. (NasdaqGS: BWOW) ballooned 44.44 percent in price Thursday to $3.77. Volume of 60,600 shares proved 20 times its full-day average. The Beijing-based BWOW is a leading provider of customized heavy duty lifting and carrying machinery used in large scale infrastructure projects such as railway, highway and bridge construction

Cisco Systems Inc. (NasdaqGS: CSCO) traded Thursday in 36,433,475 shares, or about half its full-day average. CSCO share prices gained 1.23 per cent, to $19.71.

Life Partners Holdings Inc (NasdaqGS: LPHI) tumbles 15.79 percent Thursday to $16.75, on volume of 291,687 shares, dwarfing its full day average of 85,703. LPHI, the world’s oldest and one of the most active companies in the United States engaged in the secondary market for life insurance, announced earlier this month a five-for-four split in its common stock.

MITD soars, WLSI high volume, SGGV slumps

Thursday, December 16th, 2010

MIT Holding Inc. (OTCBB: MITD) climbed 400 percent Thursday to 3.5 cents. Volume was 15,120 shares, eclipsing its full-day average of 6,023. The Company, through its three wholly-owned subsidiaries, distributes wholesale pharmaceuticals, administers intravenous infusions, operates an ambulatory center where therapies are administered, and sells and rents home medical equipment.

Wellstar International Inc. (OTCBB: WLSI) traded widely in 71.22 million shares, outdistancing its daily average of 66.6 million. Prices were flat, though, at one-100th of a cent. WLSI is a provider of specialized diagnostic software and equipment.

Sterling Group Ventures Inc. (OTCBB: SGGV) plummeted 53.85 percent Thursday to six cents. Volume for the stock was 89,500, trampling a daily average of 3,415.

ACLS excels, MSFT gains, THLD throttled

Thursday, December 16th, 2010

Axcelis Technologies Inc. (NasdaqGS: ACLS) gained 12.91 percent in price Thursday to $3.41. Volume of 1,723,617 shares nearly doubled its full-day average.  The Mass-based ACLS announced that its IntegraTM ES plasma dry strip system has been selected as the process tool of record by one of the world’s largest semiconductor manufacturers.

Microsoft Corp. (NasdaqGS: MSFT) traded Thursday in 32,635,809 shares, or about half its full-day average. MSFT share prices gained 0.22 per cent, to $27.90. Microsofts’s board of directors Wednesday declared a quarterly dividend of $0.16 per share.

Threshold Pharmaceuticals Inc. (NasdaqCM: THLD) lost 10.61 percent Thursday to $1.18. Volume of 236,558 shares more than tripled its full day average. The California-based THLD is a biotechnology company focused on the discovery and development of drugs targeting Tumor Hypoxia, the low oxygen condition found in microenvironments of most solid tumors.

CWS springs higher, MOT active, KONE sinks

Thursday, December 16th, 2010

China Wind Systems Inc. (Nasdaq: CWS) gained 17.99 percent in price Thursday to $3.41. Volume of 236,605 shares trampled its full-day average of 77,302. CWS is a leading supplier of forged rolled rings and other forged components to the wind power and other industries and industrial equipment primarily to the textile industry in China.

Motorola Inc. (NYSE: MOT) traded Thursday in 55,247,292 shares, nearly doubling its full-day average. MOT share prices gained 5.19 per cent, to $8.91. Nokia Siemens Networks on Wednesday won approval from the European Union (EU) to buy the U.S. -based Motorola Network Business.

Kingtone Wirelessinfo Solution Holding Ltd (NasdaqCM: KONE) reversed 9.79 percent Thursday to $3.41. Volume of 211,373 shares more than doubled its full day average. KONE is a leading China-based software and solutions developer focused on wirelessly enabling businesses and government agencies.