Stock On The Move - May 31

Stocks Rise on Heavy Volumn:

• Dendreon Corp. (DNDN): shares of cancer drug maker soared 26.86% to $8.55 per share as FDA updates requirement to approve company's cancer treatment drug Provenge. The stock has been very volatile for the past two months trading from $4 to as high as $25 per share. The stock was the second leading gainer and the heaviest traded on Nasdaq today with 113 million shares traded.
• Critical Therapeutics Inc. (CRTX): shares of asthma drug maker surged 21.39% to $3.23 per share after FDA approves it's asthma drug. The stock was the fourth best performer on Nasdaq today with 16.2 million shares traded
• Peregrine Pharmaceuticals Inc. (PPHM): shares of hepatitis C virus treatment provider jumped 36.27% to $1.39 per share after the company signed agreement with Dios Therapeutics Inc. to collaborate on treatment for an eye disorder. The stock was the top gainer on Nasdaq today with 6.9 million shares traded
• AG Edwards Inc. (AGE): shares of investment banking provider rose 14.27% to $88.16 per share after Wachovia is buying the company for $6.8 billion. The stock was the second leading gainer on NYSE today with 10.5 million shares traded.

Stock On The Move - May 24

Stocks Rise on Heavy Volumn:

• Pacificnet Inc. (PACT): shares of gaming and CRM services provider in China, Hong Kong, Macau and Taiwan jumped 35.26% to $5.32 per share after the company reported first profitable quarter. The stock was the leading gainer on Nasdaq today with 3.61 million shares traded.
• La Jolla Pharmaceutical Co. (LJPC): shares of San Diego, CA based biotechnology company rose 9.14% to $5.97 per share on positive data on several studies of its lupus drug. The stock was the nineth best performer on Nasdaq today with 7.44 million shares traded.

Stock Drop on Heavy Volumn:

• Network Appliance Inc.(NTAP): shares of data storage solution provider plunged 16.55% to $31.76 per share after the company issued fiscal first quarter outlook below Wall Stree projections. The stock was the fourth leading decliner and the seventh heaviest traded on Nasdaq today with 43.6 million shares traded.
• Komag Inc.(KOMG): shares of San Jose, CA based data storage disks provider tumbled 15.83% to 52 weeks low of $23.18 per share on downgrade after the company said its second quarter revenue may miss the forecast due to weaker sale. The stock was the fifth leading decliner with 6.66 million shares traded.

Stocks On The Move - May 8

Stocks Rise on Heavy Volumn:

• Florida East Coast Industries Inc. (FLA): shares of St. Augustine, Florida based regional freight railroads operator surged 14.54% to 52 weeks high of $84.91 per share after the company agreed to go private for $3.5 billion total of $84 per share with $62.5 common stock and $21.5 special dividend. The stock was the leading gainer on NYSE today with 6.95 million shares traded.
• McDermott International Inc.(MDR): shares of Houston, based offshore oil drilling and production facilities engineering company jumped 11.11% to 52 weeks high of $65.59 per share following a strong first quarter report. The stock was the third leading gainer on NYSE today with 5.9 million shares exchanged hands.
• AK Steel Holding (AKS): shares of Middletown, Ohio based steel maker rose 9.23% to $52 weeks high of $35.02 per share after ArcelorMittal, the largest steel maker, may make an offer to buy the company. The stock was the fifth leading gainer and the nineth heaviest traded on NYSE today with 28 million shares traded.

Stock Drop on Heavy Volumn:

• DJO Incorporated.(DJO): shares of rehabilitation products maker neurological disorders drug maker tumbled 13.1% to $34.75 per share after the company's first quarter profit fall 33% due to acquisition and stock-option expenses. The stock was the third leading decliner on NYSE today with 7 million shares traded.

Stocks On The Move - May 7

Stocks Rise on Heavy Volumn:

• Ohio Casualty Corp. (OCAS): shares of Faifield, Ohio based auto and property insurance provider soared 29.56% to 52 weeks high of $43.17 per share after Liberty Mutual is buying the company for $2.7 billion or $44 per share. The stock was the leading gainer on Nasdaq today with 5.9 million shares traded.
• Alcan, Inc.(AL): shares of Montreal, Canada based aluminum maker jumped 34.54% to $82.11 per share after Alcoa is bidding the company for $27 billion. The stock was the leading gainer and the fourth heaviest traded on NYSE today with 34 million shares exchanged hands.

Stocks On The Move - May 4

Stocks Rise on Heavy Volumn:

• Yahoo Inc (YHOO): shares of internet giant plunged 11.78% to $28.31 per share as quarterly profit tumbled 11% due to higher operating costs. With heavy volumn of 128 millions shares, highest on the stock market today the stock was ranked the fifth leading decliner on Nasdaq.
• Career Education Corp. (CECO): shares of postsecondary education provider in US, Canada and somme countries in Europe soared 21.3% to $35.53 per share. Although the first quarter sales and profit missed analysts estimates, analyst today upgrade the stock as total student population trends are improving. The stock was the fourth leading gainer on Nasdaq today with 10.2 million shares traded.
• CROCS Inc. (CROX): shares of footwear manufacturer jumped 19.93% to $68.85 per share after the company raised its 2007 earnings guidance after first quarter profit which went quadrupled. The stock was the sixth leading gainer on Nasdaq today with 12 million shares traded.
• On2 Technologies Inc. (ONT): shares of On2 Technology, a Clifton Park, NY based video codec software maker rose 12.32% to $2.37 per share after the first quarter loss reduced to $721,000 from $1.18 million a year ago. The stock was the third leading gainer on AMEX today with 5.1 million shares traded.

Stocks On The Move - May 2

Stocks Rise on Heavy Volumn:

• TTM Technologies Inc. (TTMI): shares of printed circuit boards maker soared 29.08% to $11.85 per share after the company posted first quarter profit which beats Wall Street's estimates. The stock was the second leading gainer on Nasdaq today with 4 million shares traded.
• Chipotle Mexican Grill, Inc.(CMG): shares of Denver based casual Mexican food restaurants operator surged 17.85% to $78.09 per share after the company reported strong quarterly profit which rose nearly 56%. The stock was the leading gainer and on NYSE today with 4.3 million shares exchanged hands.

Stock Drop on Heavy Volumn:

• Neurochem Inc.(NRMX): shares of neurological disorders drug maker plunged 21.48% to $9.1 per share after the company announced it would offer $80 million in convertible notes. The stock was the fourth leading decliner on Nasdaq today with 6.66 million shares traded.
• Blockbuster Inc. (BBI): shares of leading video rental stores operator tumbled 13.04% to $5.4 per share after the company posted wider loss for first quarter of 2007 due to costs related to online rental program. The stock was the biggest loser on NYSE today with 12.57 million shares traded.

Stocks On The Move - May 1

Stocks Rise on Heavy Volumn:

• 24/7 Real Media Inc. (TFSM): shares of online advertising and marketing comapny surged 20.3% to 52 weeks high of $11.97 per share on potential buyout by Microsoft. The stock was the third leading gainer on Nasdaq today with 13 million shares traded.
• Dow Jones & Co. Inc.(DJ): shares of leading business and financial news provider jumped 54.69% to $56.2 per share after News Corp. offer to buy the company for $60 per shar eor $5 billion. The stock was the leading gainer and the heavist traded on NYSE today with 44 million shares exchanged hands.

Stock Drop on Heavy Volumn:

• I2 Technologies Inc.(ITWO): shares of supply chain management software maker plummetted 30.2% to $17.77 per share after the company reported earnings below Wall Street's estimates. The stock was the biggest loser on Nasdaq today with 6.4 million shares traded.
• Liz Claiborne Inc. (LIZ): shares of New York based clothing retailer plunged 17.26% to $37 per share as the company's first quarter earnings tumbled 65% due to cut back on poor performing clothing lines. The stock was the leading decliner on NYSE today with 16 million shares traded.