Stocks On The Move - January 11

Stocks Rise on Heavy Volumn:

• Onstream Media Corp. (ONSM): shares of Pompano Beach, Florida on-demand media communication company surged 19.44% to $3.44 per share after the company received $2.2 million in cash for selling $1.5 million shares. The stock was the seventh leading gainer on the stock market today with 5.22 million shares traded.
• Lear Corp.(LEA): shares of Southfield, Michigan based car interior system provider jumped 14.47% to $31.81 per share as the company is expecting strong sales for 2007. The stock was the biggest gainer on NYSE today with 6.47 million shares traded.

Stocks Drop on Heavy Volumn:

• Hornbeck Offshore Services Inc. (HOS): shares of offshore supply vessels provider for offshore oil and gas industry plunged 21.99% to $26.14 per share after the company lowered its fourth quarter outlook. The stock was the biggest loser on NYSE today with 11.7 million shares traded.
• SAP AG (SAP): shares of Germany based leading business software maker tumbled 10.4% to $48.5 per share after the company warned that it wouldn't meet it's 2006 software license sales goal due to slowdown in US and Asia market. The stock was the third leading decliner on NYSE today with 11.2 million shares traded.