URRE roars along, MSFT sells widely, floods take toll on CAGC

Posted on Wednesday, November 10th, 2010

Uranium Resources Inc. (NasdaqCM: URRE) jumped 18.55 percent in price Wednesday to $2.62, on volume of 6,915,808, or nearly four times its daily average. The Texas-based uranium company announced third-quarter financial results Monday, which featured cash at $10.5 million, compared with $11.4 million at the end of the trailing second quarter and $6.1 million at the end of 2009.

Microsoft Corporation (NasdaqGS: MSFT) was among the volume leaders in mid-afternoon trade Wednesday, with 38,505,718 shares changing hands. The corporation’s normal three-month daily average is 61,877,300. Share price for MSFT was up marginally; 0.19 percent to $27.00. The Redmond, Wash.-based company today announced the recipients of its Elevate America veterans’ initiative grants and the availability of new education, job training and placement programs to help give veterans and their spouses the skills and resources they need to be successful in today’s civilian workforce.

China Agritech Inc. (NasdaqGM: CAGC) took a pasting on its stock price of 19.61 percent to $12.42 in Wednesday trading. Volume was 2,862,213 shares, more than twice its daily volume average. The organic fertilizer maker said Wednesday its third-quarter net income fell 68 percent to miss analyst expectations as devastating floods in China damaged two million acres of cropland, hurting demand for its products.

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