Posts Tagged ‘VRGY’

RURL in a whirl, VRGY in crosshairs, FUQI in a funk

Monday, March 28th, 2011

Rural/Metro Corporation (NASDAQ: RURL) shares leaped 36.3% to $17.11. More than four million shares changed hands in the first hour, overwhelming a full-day average around 91,000, after it announced it has entered into a definitive agreement for the acquisition of the Company by the private equity firm Warburg Pincus in an all-cash transaction.

Verigy Ltd. (Nasdaq: VRGY) was among the volume leaders in the early going Monday, trading in 9.1 million shares, compared to a full-day average of 1.2 million. Share prices were up 0.4% to $14.23, amid stories Advantest was to buy Verigy for $1.1 billion.

Fuqi International Inc. (Nasdaq: FUQI) shares fell 5.7% to $3.17. Share volume topped 883,000, trumping its average of 568,635. The Chinese jewelry company again delayed the filing of its restated 2009 results, citing an internal investigation of cash transfers.

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

VRGY leaps, C busy, LTXC fades

Monday, December 6th, 2010

Verigy Ltd. (NasdaqGS: VRGY) improved 30.42 percent in Monday’s first hour to $11.92. Volume of 6,269,040 shares easily outdistanced its normal full-day average volume of 846,028. VRGY, which makes semiconductor test equipment, this morning said it received an unsolicited $12.15-a-share cash acquisition bid from Advantest

Citigroup (NYSE: C) assumed its place among the volume leaders early Monday morning, trading in 134,580,936 shares, its full-day average around 464,320,000. Share prices backtracked, however, 0.11 percent to $4.45.

LTXCredence Corp. (NasdaqGM: LTXC) gave back 16.8 percent in price Monday to $7.03, on volume of 1,523,632 shares, nearly doubling its full-day average in just the first hour. The global provider of ATE solutions weighed in this morning on the prospective Adventest-Verigy deal, believe that it, LTXCredence, would be a better fit for Verigy.

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CDTI leaps, CSCO posts strong volume, VRGY bruised

Thursday, November 18th, 2010

Clean Diesel Technologies Inc. (NasdaqCM: CDTI) prospered 19.13 percent in price in early Thursday afternoon trade to $18.25  Volume of 286,570 shares trumped the stock’s three-month daily average of 48,333. The Ventura, Calif.-based CDTI is a cleantech emissions reduction company.

Cisco Systems Inc. (NasdaqGS: CSCO) was a volume leader early Thursday afternoon, with 55,840,000 shares changing hands, against its usual daily volume of 68,212,800 shares. CSCO shares nipped ahead 0.8 percent Thursday in price to $19.56.

Verigy Ltd. (NasdaqGS: VRGY) fell in price early Thursday by 6.17 percent to $8.36. Volume of 4,340,000 shares trampled over usual daily volume of 628,148 shares. It was announced Thursday that LTX-Credence Corporation was being investigated for possible breaches of fiduciary duty and other violations of state law in connection with their attempt to complete a sale of the Company to Verigy Ltd.

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