Posts Tagged ‘Technology Stocks’

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VOLT bolts higher, BAC busy, MTSL takes lickin’

Monday, November 29th, 2010

Voltaire Ltd. (NasdaqGM: VOLT) gained 34.6 percent in price Monday to $8.65. Volume approaching noon was 3,117,260 shares, easily trumping its three-month average share volume of 33,022. The leading provider of scale-out data center fabrics announced today a definitive agreement under which Mellanox Technologies Ltd. will acquire 100 percent of VOLTs outstanding ordinary shares for cash at a price of $8.75 per share, or a total equity value of approximately $218 million ($176 million net of cash).

Bank Of America Corp. (NYSE: BAC) was among late Monday morning’s volume leaders, trading in 60,345,222 shares, on track of its three-month average share volume of 197,194,000. BofA Merrill Lynch Global Research announced today it has introduced the Global Financial Stress Index (GFSI), a comprehensive, cross-market gauge of risk, hedging demand and investment flows. The index is designed to help investors identify market risks earlier and more accurately than commonly used risk indicators, such as the VIX index.

MER Telemanagement Solutions Ltd. (NasdaqCM: MTSL) fell in price early Monday by 13.02 percent to $1.87. Volume by noon was 77,694 shares, surpassing its three-month average share volume of 51,500. MTSL is an Israeli-based global provider of business support systems for comprehensive telecommunication management, telecommunications expense management solutions and customer care & billing solutions

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

ASTC in orbit, C sells widely, IRE gloomy

Tuesday, November 23rd, 2010

Astrotech Corp. (Nasdaq: ASTC) sprinted out to a gain of gained 68.32 percent in price in Tuesday morning trade to $1.70  Volume in the first hour was a staggering 1,683,045 shares, overwhelming its usual full-day share volume of 67.095. The Austin-based provider of commercial aerospace services, today announced that its Astrotech Space Operations subsidiary has won a fully-funded task order under the $35-million Vandenberg Air Force Base (VAFB) indefinite delivery, indefinite quantity (IDIQ) contract for NASA.

Citigroup (NYSE: C) was among Tuesday morning’s volume leaders, trading in 104,926,884 shares, nearly a quarter of its mormal daily volume of 474,398,000 shares. The banking behemoth slipped in price, though, by 1.56 percent to $4.12.

Bank of Ireland (NYSE: IRE) fell in price early Tuesday by 23.42 percent to $1.70. Volume of 21,334,242 shares was nearly seven times the bank’s three-month daily average for volume.On Sunday, Ireland became the second euro zone country to ask for aid and will officially begin talks with the European Union regarding a bailout that could reach $110 billion.

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Posted in Financial Stocks, Industrial Stocks, Penny Stocks, Technology Stocks | No Comments »

END ends well, YHOO trades widely, BBXT fades

Thursday, November 18th, 2010

Endeavor International Corporation (NYSE: END) gained 4.4 percent in price in Thursday afternoon trade to close at $8.77 Volume of 102,795 shares was below its usual share volume of 564,506. The Houston-based oil and gas exploration and production company announced Wednesday a one-for-seven share consolidation.

Yahoo Corp. (NasdaqGS: YHOO) was among Thursday’s volume leaders, trading in 45,688,242 shares Thursday afternoon, nearly doubling its usual daily volume of 23,853,700 shares. Shares of the search engine company surge 5.2 percent to close at $16.99. Wednesday, Tippr, which operates Tippr.com, one of the largest group buying sites on the Internet, today announced a partnership with Yahoo!, Inc. to feature Tippr.com deals on Yahoo!’s new Local Offers program.

BankAtlantic Bancorp Inc. (NasdaqGM: BBXT) fell in price Thursday by 14.55 percent to $7.39. Volume of 24,799 shares was more than eight times the company’s usual daily volume.

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Posted in Energy Stocks, Financial Stocks, Technology Stocks | 1 Comment »

NYNY comes up nuggets, MSFT big trader, LPTH slides

Thursday, November 18th, 2010

Empire Resorts Inc. (NasdaqGM: NYNY) gained 25.83 percent in price in Thursday afternoon trade to $1.51 Volume of 1,969,508 shares left its usual share volume of 164,241 in the dust. The casino operator announced last week that its wholly-owned subsidiary, Monticello Casino and Raceway, has added electronic roulette games to its increasingly diverse slot offerings.

Microsoft Corp. (NasdaqGS: MSFT) was among Thursday’s volume kingpins, trading in 46,986,893 shares Thursday afternoon, approaching its usual daily volume of 61,528,900 shares. Shares of the software giant inched up 1.17 percent to $25.87. Following the successful launch of Microsoft Dynamics GP 2010, MSFT announced Thursday that the upcoming release of Microsoft Dynamics GP 2010 R2 will provide midsize customers with new contextual business intelligence capabilities and additional ease-of-use features that make actionable information more accessible than before to people across an organization.

LightPath Technologies Inc. (NasdaqCM: LPTH) fell in price Thursday by 12.61 percent to $1.97. Volume of 56,602 shares narrowly bested the company’s usual daily volume of 39,762 shares. The Orlando-based global manufacturer, distributor and integrator of patented optical components and assemblies announced Wednesday that it has expanded its direct selling channels in China as part of its strategy to deliver high volumes of aspheric lenses to Asian manufacturers of optical equipment.

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

CTM solid, CMGR doing wide business, IMTO struggles

Thursday, November 18th, 2010

CTM Media Holdings Inc (Pink Sheets: CTMMB) strengthened in price 26.21 percent in late Thursday trading to $2.60. Volume, however, was a scant 100 shares. CTMMB arose from telecommunications giant IDT (based in Newark, New Jersey), and is now primarily comprised of two separate business entities, combined to form a powerful deliverer of digital media and print-based solutions.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in an incredible 490,731,872 shares in Thursday’s trading. The group’s price sank, however, 20 percent to 12-100ths of a cent. Thursday, CMGR announced that it has acquired worldwide distribution rights for the teen love story A WARRIOR’S HEART starring Twilight’s Kellan Lutz and Ashley Greene. The film follows the story of high school lacrosse star Conor Sullivan, who through his passion for the sport and a new love interest finds the strength to overcome his father’s death. A WARRIOR’S HEART is currently in post-production and will premiere in 2011.

InterMetro Communications Inc. (OTCBB: IMTO) dipped 87.5 percent in price in late Thursday trading to half a cent per share. Volume was 101,000 shares. IMTO, based in Simi Valley, Calif., claims to be a leading facilities-based provider of enhanced voice and data communication services

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