WGO travels, LVS flexes muscle, CEU sued

Posted on Thursday, December 16th, 2010

Winnebago Industries, Inc. (NYSE: WGO) zoomed up 13.94 percent in price Thursday to $14.91. Volume of 1,661,360 shares triumphed over its full-day average of 285,609 shares. The motor home giant Thursday announced quarterly results. Revenues for the first quarter of Fiscal 2011 ended November 27, 2010 were $123.7 million, an increase of 52.7 percent, versus $81.0 million for the first quarter of Fiscal 2010. The Company reported an operating profit of $4.9 million for the quarter, versus an operating loss of $6.0 million for the first quarter of Fiscal 2010.

Las Vegas Sands Corp. (NYSE: LVS) was a volume leader Thursday, trading in 41,953,024 shares, surpassing its full-day average shortly before 3 p.m. ET. LVS share prices gained 6.27 per cent, to $44.92. LVS said Thursday it expects Vegas group room-rates to rise at least 10% by 2012.

China Education Alliance, Inc. (NYSE: CEU) gave back 7.57 percent Thursday to $2.32, on volume of 335,933 shares were about half its full day average of 620,807. The drop comes amid news that a class action securities fraud lawsuit has been filed in the United States District Court for the Central District of California on behalf of purchasers of CEU common stock between March 31, 2009 and November 29, 2010

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