Posts Tagged ‘Technology Stocks’

JGPK hits peak, CMGR moves shares, SPRA spurred back

Wednesday, November 17th, 2010

Jagged Peak Inc. (OTCBB: JGPK) ballooned in price by 471.43 percent Wednesday afternoon to 40 cents. Volume of 4,000 shares trumps JGPK’s 3-month daily average of 1,012.

Camelot Entertainment Group Inc. (OTCBB: CMGR) traded in 769,140,544 shares Wednesday. Its price moved skyward 333.33 percent to 13-100ths of a cent. CMGR announced today that Camelot Distribution Group has signed a domestic deal for all-media rights with Grindstone Entertainment Group for its action movie “Fink!”, to be released through Lionsgate Home Entertainment in 2011.

Spur Ranch Inc. (OTCBB: SPRA) slid 92 percent in price Wednesday to 10 cents, on volume of 61,667 shares. Austin-based SPRA announced the formation of Spur Ranch Holdings, Inc., a wholly-owned subsidiary of Spur Ranch, Inc. Spur Ranch Holdings, Inc. is an equestrian-themed real estate development company that plans to offer the very finest amenities associated with high-end, exclusive, country club living.

IDT moves up, CSCO passes volume avg., CRC falls

Wednesday, November 17th, 2010

IDT Corporation (NYSE: IDT) increased 9.69 percent in price Wednesday to $22.18. Volume was 587,063 shares, more than doubling its daily average. IDT is a consumer services company with operations primarily in the telecommunications and energy industries

Cisco Systems Inc. (NasdaqGS: CSCO) Wednesday dealt in 71,003,842 shares, surpassing its three-month daily average of 67,852,400. CSCO shares inched forward 0.69 percent to $19.57. CSCO today announced that it leads in total USGv6 certification for routers, switches and firewalls, aligning with President Barack Obama’s recent directive that all U.S. government agencies upgrade their IT infrastructures in support of Internet Protocol version 6 (IPv6), as the remaining pool of IPv4 addresses shrinks.

Chromcraft Revington Inc. (AMEX: CRC) fell in price Wednesday afternoon by 18.5 percent to $1.63. Volume of 40,675 shares, dwarfed its three-month daily average of 3,592. Tuesday, CRC reported sales of $13,808,000 and a net loss of $1,933,000 for the three months ended October 2, 2010 as compared to sales of $16,030,000 and a net loss of $979,000 for the prior year period.

HYC hyper over deal, C goes lending, IIIIU sinks

Wednesday, November 17th, 2010

Hypercom Corporation (NYSE: HYC) increased 14.85 percent in price soon after the opening at $7.04. Volume was a whopping 10,009,714 shares, compared to a daily average of 753,455. VeriFone Systems Inc. said Wednesday that it has agreed to buy Hypercom Corp. in an all-stock deal valued at about $485 million.

Citigroup Inc. (NYSE: C) traded widely Wednesday, dealing in 139,571,329 shares, compared to its three-month daily average of 473,962,000. The stock’s price slipped 0.95 percent to $4.18. The banking giant said Wednesday it has raised a $600-million collateralized loan obligation for Guggenheim Investment Management LLC, according to people familiar with the deal.

Information Services Group Inc. (NasdaqGM: IIIIU) fell in price in early trading Wednesday by 20.04 percent to $4.15. Volume was 72,715 shares, its three-month daily average not available at press time.

ISLN spikes, QQQQ among volume leaders, ASTM ailing

Monday, November 15th, 2010

Isilon Systems Inc. (NasdaqGM: ISLN) enjoyed a profitable day Monday, jumping 28.45 percent in price to close at $33.77. Volume in ISLN was 35,703,591 shares, compared to a daily average of just over one million. On Monday, EMC Corp. said it has signed a $2.25 billion deal to acquire Isilon Systems Inc. in yet another step in the consolidation of the increasingly important data-storage industry.

PowerShares QQQ (NasdaqGM: QQQQ) traded widely Monday in 56,163,936 shares. The figure was still below its three-month daily average of 73,899,700. The stock suffered in price, though, 0.37 percent to $52.31.

Aastrom Biosciences Inc. (NasdaqCM: ASTM) fell in price Monday’s trading by 15.48 percent to $3.55. Volume in ASTM was 4,168,049, or about four times its normal daily average. The Ann Arbor, Mich.-based company is a leading developer of expanded autologous cellular therapies for the treatment of severe cardiovascular diseases.

UTA takes flight, INTC has chipper volume, CTIB falters

Monday, November 15th, 2010

Universal Travel Group (NYSE: UTA) took off in Monday trading, gaining 9.59 percent in price to close at $5.94. Volume in UTA was 1,008,419, easily better than its three-month daily share average of 706,830. The Chinese-based company announced Monday that it will hold a conference call Tuesday to discuss its third-quarter financial results.

Intel Corp. (Nasdaq: INTC) was among the volume leaders Monday, trading in 42,935,569 shares, still below its three-month daily average of 68,486,200. The company stumbled a bit on the price scale, though, losing 1.02 percent to $21.31. INTC said Friday its board approved a 15-percent increase in quarterly cash dividends.

CTI Industries Corp. (NasdaqCM: CTIB) slumped 17.31 percent in price Monday to close at $ 5.35. Volume was 283,292 shares, or about nine times its average. The Lake Barrington, Ill-based company said last Tuesday its net income rose 19 percent in the third quarter as revenue edged up.