Posts Tagged ‘Technology Stocks’

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IRE above crowd, MSFT busy, KUTV bruised

Monday, December 6th, 2010

Bank of Ireland (NYSE: IRE) gained in price by 17.11 percent to $2.16 Monday afternoon. Volume of 30,914,748 shares was near quadruple IRE’s normal full-day average volume.

Microsoft Corporation (NasdaqGS: MSFT) fell in price 63 percent to 26.85 nearing the bell Monday. The company traded in 23,942,216 shares, while making it a leader in volume, it was still considerably below MSFT’s daily average of 62,814,900. Microsoft announced monday announced the “Cloud CRM for Less” offer for Salesforce.com and Oracle customers.

Ku6 Media Co. Ltd. (NasdaqGM: KUTV) stumbled in price 11.87 percent Monday afternoon to $7.05, on volume of 179,666 shares, nearly three times its full-day average. KUTV is leader in online video portal operations in China.

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

SHZ jumps, BAC peddles wares, CDCS takes bruising

Monday, December 6th, 2010

China Shen Zhou Mining and Resrouces Inc. (AMEX: SHZ) picked 22.4 percent to $1.77 early Monday afternoon. Volume of 3,852,723 shares nearly quadrupled its normal full-day average volume. SHZ is engaged in the exploration, development, mining and processing of fluorite, zinc, lead, copper, and other nonferrous metals in China ,

Bank of America Corp. (NYSE: BAC) was among the volume leaders mid afternoon Monday, trading in 77,841,291 shares, catching up on its full-day average, which is near 203,314,000. The price slid, however, 1.26 percent to $11.71.

CDC Software Corp. (NasdaqGM: CDCS) took a beating in price 12.38 percent Monday afternoon to $6.23, on volume of 79,163 shares, besting its full-day average of 46,456. CDCS’ Ross Systems, Inc. announced today that it came out on the short end of a verdict Friday, in fraud litigation between Ross Systems, Inc. and Sunshine Mills, Inc., a major employer based in Red Bay , Alabama . In the lawsuit, Sunshine Mills alleged fraud related to the sale and implementation of a beta Ross ERP system in early 2005. The jury awarded a total of $61 million in damages to Sunshine Mills

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RDWR soared, DRYS sails, WNS sinks

Monday, December 6th, 2010

Radware Ltd. (Nasdaq: RDWR) accelerated in price by 19.08 percent to $39.01 early Monday afternoon. Volume of 4,340,588 shares quintupled its normal full-day average volume. The Israeli-based leading provider of integrated application delivery solutions for business-smart networking, today announced that SK C&C, a leading IT service provider in Korea, has successfully deployed Alteon® 5412 application switches to build a robust, uninterrupted web portal service and reduce total cost of ownership for the SK Group.

DryShips Inc. (Nasdaq: DRYS) was among the volume leaders mid-afternoon Monday, trading in 40,397,426 shares, trampling on its full-day average, which is near 15,871,600. The price strengthened 5.49 percent to $6.20. The Athens, Greece-based DRYS is a global provider of marine transportation services for drybulk cargoes and off-shore contract drilling oil services

WNS HOLDINGS Ltd. (NYSE: WNS) stumbled in price 9.48 percent Monday afternoon to $11.15, on volume of 68,640 shares, more than tripling its full-day average of 20,052. The company is a leading provider of global Business Process Outsourcing (BPO) services.

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ABCW sets sail, S is sold, CYDE slides

Monday, December 6th, 2010

Anchor BanCorp Wisconsin Inc. (NasdaqGS: ABCW) perked 24.04 percent to $1.29 early Monday afternoon. Volume of 434,419 shares proved more than five times its normal full-day average volume. ABCW’s AnchorBank fsb subsidiary has 57 offices, all located in Wisconsin.

Sprint Nextel Corp. (NYSE: S) was among the volume leaders late Monday morning, trading in 71,293,636 shares, trumping its full-day average, which is near 45,928,900. The price gained 7.02 percent to $4.20 Sprint today unveiled its Network Vision blueprint to deploy a cost-effective, innovative network plan to further enhance voice quality and data speeds for customers across the United States.

CyberDefender Corp. (NasdaqGM: CYDE) slid in price 13.06 percent Monday afternoon to $2.53, on volume of 127,285 shares, tripling its full-day average just past lunch time. The L.A.-based CYDE is a provider of Internet security software, utilities and remote technical support services

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BGP smashes borders, CSCO trades widely, PTN stumbles

Monday, December 6th, 2010

Borders Group Inc. (NYSE: BGP) leaped 25.93 percent late Monday morning to $1.36. Volume of 4,417,506 shares proved five times its normal full-day average volume. Headquartered in Ann Arbor, Mich., through its subsidiaries BGP is a leading specialty retailer of books as well as other educational and entertainment items

Cisco Systems (NasdaqGS: CSCO) was among the volume leaders late Monday morning, trading in 34,577,264 shares, making headway against its full-day average, which is near 69,622,200. CSCO share prices progressed 2.46 percent to $19.54. CSCO and BMC Software today announced a strategic alliance to develop and market new solutions for large-scale multi-tenant cloud computing infrastructures.

Palatin Technologies Inc. (AMEX: PTN) slid in price 17.13 percent Monday to 87 cents, on volume of 63,151 shares, nosing out its full-day average in just the first two hours. PTN is a biopharmaceutical company dedicated to the development of peptide, peptide mimetic and small molecule agonists with a focus on melanocortin and natriuretic peptide receptor systems.

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

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