TRCI soars, GE active, LLEN loses

Posted on Tuesday, January 18th, 2011

Technology Research Corp. (Nasdaq: TRCI) saw its shares gallop ahead 29.7 percent in price to $5.06. Volume was 631,246, overwhelmed its full-day volume average of 11, 160. TRCI announced Tuesday it had received an unsolicited indication of interest from Coleman Cable in acquiring it at a price of $5.50 per share in cash.

General Electric (NYSE: GE) traded widely Tuesday, dealing in 39,864,600 shares Thursday, catching up on a full-day average of 56,587,000. Prices for the stock cooled 0.9 percent to $18.65, on word the FCC has greenlighted the bid by cable magnate Comcast to take over NBC Universal.

L & L Energy, Inc. (Nasdaq: LLEN) fell 11.1 percent to $8.35. Volume for the stock was 2,217,606 shares, just better than double its all-day average. LLEN promoted David Lin to acting Chief Financial Officer, effective today. Lin will replace Rosemary Wang who is stepping down due to family reasons, but will remain on as a consultant.

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