Posts Tagged ‘Technology Stocks’

« Older Entries
Newer Entries »

CCCLU clicking, CSCO awaits Q1 results, IDSA slides on earnings info

Wednesday, November 10th, 2010

China Ceramics Company Ltd. (NasdaqCM: CCCLU) took off solidly, gaining 28 percent in mid-afternoon trade Wednesday to $8.00. Volume was only 200 shares, with daily average volume not available at press time. The leading Chinese manufacturer of ceramic tiles reported third-quarter revenues of $43.3 million, up 24.7 percent from the prior-year quarter, and gross profit of $13.8 million, up 24.2 percent from last year’s Q3.

Cisco Systems Inc. (NasdaqGS: CSCO) added 0.45 percent in price in mid-Wednesday trading to $24.46. Volume was 43,238,999 shares, reducing the gap with its daily volume average of 56,281,400 shares. The San Francisco-based tech giant is set to report results for the first quarter after Wednesday’s close.

Industrial Services of America Inc. (NasdaqCM: IDSA) dumped 20.38 percent in price Wednesday afternoon to $12.31. Share volume of 622,023 towered over its average of 171,574 shares. The dismal news follows word that IDSA reported Wednesday that net income for the third quarter fell 13.6 percent to $1.9 million, or 28 cents per share, from $2.2 million, or 37 cents per share in Q3 2009.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Industrial Stocks, Technology Stocks | 1 Comment »

OCOL hurtles, SGAMY sells, CTLI gets bruised

Wednesday, November 10th, 2010

Bering Exploration Inc. (Pink Sheets: OCOL) formerly Oncolin Therapeutics, Inc.,  leaped in price by 29.03 percent mid-morning Wednesday to 40 cents. Volume was a scant 1,300 shares. The Houston-based oil company announced in late October that it has successfully drilled its first well on its South Texas prospect which has potential gross reserves of 5,000,000 barrels of oil and 46 BCF of natural gas.

Sega Sammy Holdings Inc. (Pink Sheets: SGAMY) saw 1,121,500 of its shares change hands in early trading Wednesday. The game magnate’s stock stumbled in price 1.49 percent to $3.96, still in the upper regions of a 52-week range that peaked at $4.13.

Compress Technologies Inc. (Pink Sheets: CTLI) took a header in the early hours Wednesday, losing 93.68 percent in price to 11 cents. Volume was 22,500 shares for a stock that peaked for the last 52 weeks at $2.00. CTLI is a Pompano Beach, Florida-area technology-based company.

Tags: , , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | 1 Comment »

CIMT jets ahead, C, BAC hold own, SMT down on downgrade

Wednesday, November 10th, 2010

Cimatron Limited (NasdaqCM: CIMT) stood out amid all the initial gloom on Wednesday, gaining 68.54 percent in price to $3.00 in the first trading hour. Volume broke away from its three-month daily restraints of 6,132 and crowded the half-million mark to begin the day. The Israeli-based provider of integrated CAD/CAM solutions for the toolmaking and manufacturing industries announced third-quarter revenues were up 26% from the same quarter last year.

Citigroup (NYSE: C) proved the volume leader early Wednesday, trading in 107,771,989 shares in the first hour. The banking group even managed to forge ahead in price by 0.47 percent to $4.32.

Bank of America Corporation (NYSE: BAC) traded in 48,192,182 shares in the first hour Wednesday, compared to a daily three-month average of 193,972,000. BAC shares inched up 0.16 percent to $12.29.

Smart Technologies Inc. (NasdaqGS: SMT) saw its price tumble 27.47 percent in Wednesday’s first hour to $9.48. Volume in SMT hit 6,537,933 shares in the opening hours, more than 10 times its three-month average. The slip comes after a downgrade by RBC Capital Markets to “sector perform” from “outperform”.

Tags: , , , , , , ,
Posted in Financial Stocks, Industrial Stocks, Technology Stocks | 1 Comment »

WSP keeps gaining, MGM among volume leaders, IIIIU slides

Monday, November 8th, 2010

WSP Holdings Limited (NYSE: WH) sprinted ahead 14.39 percent Monday to register at $1.59 soon before the closing bell. Volume was 313,312 shares, more than triple its daily average. WSP Holdings is a leading Chinese manufacturer of API (American Petroleum Institute) and non-API seamless casing, tubing and drill pipes used in oil and natural gas exploration.

MGM Resorts International (NYSE: MGM) got traction in late Monday trading, moving up 6.77 percent to $12.93. Volume of 76,693,483 shares dwarfed its three-month daily average of 27,642,800. The company announced last week that it has closed its previously-announced sale of four long-term ground leases and their respective underlying real property parcels at The Borgata Hotel Casino & Spa in Atlantic City, New Jersey.

Information Services Group Inc. (NasdaqGM: IIIIU) sank 23.48 percent late Monday to $6.68. Volume was 113,778 shares. The stock’s three-month daily average was not available at press time. The Stamford, Conn. Company was founded in 2006 to build an industry-leading, high-growth, information-based services company by acquiring and growing businesses in advisory services, including strategy, implementation and management, and market information, including market measurement, analytics and related products and services.

Tags: , , , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

CTLI, SHNL jump, CPMCF dips

Monday, November 8th, 2010

Compress Technologies Inc. (Pink Sheets: CTLI) achieved a new 52-week trading high late Monday afternoon by gaining 1,233.33 percent to $2.00, on a modest 2,000 shares. Compress Technologies, Inc., is a Pompano Beach, Florida-area technology based company, which has acquired VMSK Technology as well as the rights to Nano Technology, MSB, 3PRK and other technologies.

Shentang International, Inc. (SHNL.OB) leaped 600 percent Monday afternoon to 3.5 cents, on volume of 28,500. The stock’s 52-week trading range runs from half a cent to $2.525. The Chinese-based Shengtang engages in design, source for production and sale of glass products, which are used as festival gifts, home decorations and craftworks

Coastal Pacific Mining Corp. (CPMCF.OB) plummeted 38.67 percent in price to 19 cents in Monday trading, on volume of 50.15 million shares. The stock’s 52-week trading range has peaked around 82 cents. The Calgary-based miner announced it has completed $1,000,000 of a $2,000,000 private financing for operations and exploration of its properties. 

Tags: , , ,
Posted in Consumer Discretionary Stocks, Energy Stocks, Technology Stocks | No Comments »

« Older Entries
Newer Entries »