Stock On the Move

Stocks On The Move - November 28

2007-11-28T23:59:00.000-08:00

After two months of decline, the market looks like is heading back up again with three days of consecutive gain. The buyers all rushed in fearing they'll missed the big bounce and push Dow up 331 points and Nasdaq up 3.18%. Despite continuous worry on credit crisis, hope of more rate cut from Fed lights hope for the traders.

Citigroup Inc. (C), is among the biggest winners of the day gaining 6.5% to $32.29 as the company received $7.5 billion funding from Abu Dhabi Investment Authority. Another winner on NYSE is the hard hit government backed mortgage issuer Freddie Mac(FRE) with shares surging 14.34% to $29.42 per share after the company annouced plan to raise more capital. On Nasdaq, the troubling online investment brokerage firm ETrade (ETFC) rose 7.54% to $5.28 per share as the stock draws bargain hunters.

Despite the broad market rally there are still losers such as Marvell Technology(MRVL) with shares down 10.3% to $14.92 after the company swung to net loss for the third quarter.

Stocks On The Move - November 20

2007-11-20T23:11:00.000-08:00

Stocks Up On Heavy Volumn:

Nordstrom Inc. (JWN): shares of major department store operator surged 12.09% to $34.21 per share after reporting better than expected 22% rise in third quarter profits. Despite lowering the fourth quarter profit outlook, buyers takes the positive news since the stock price has been hit hard lately. It is still trading at almost half of the 52 weeks high of $60 per share earlier in February. The stock was the fourth leading gainer on NYSE today with 18 million shares traded.
Blue Coat Systems Inc. (BCSI): shares of internet security hardware and software solutions provider surged 12.71% to $37.34 per share on upbeat third quarter earnings forecast. The stock was the twelveth leading gainer on Nasdaq today with 6.8 million shares traded.

Stock Down on Heavy Volumn:

E-Trade Financial Corporatioin (ETFC): it is another doomsday for the online discount investment brokerage firm as negative comments from analyst send the stock down another 19% to $3.8 per share back near its 52 weeks low. Analyst says E-Trade's competitors are luring its customers away. The stock was the sixth leading decliner and the second heaviest traded on Nasdaq toay with 103 million shares traded.
Freddie Mac(FRE): trouble continues for the government sponsored loans maker as shares plunged 28.69% to new 52 weeks low of $26.74 per share as the company posted net loss of $2 billion in the third quarter, its largest ever quarterly loss. The stock was the sixth leading decliner on NYSE today with 84.6 million shares traded.

Stocks On The Move - November 15

2007-11-15T22:31:00.000-08:00

Stocks Up On Heavy Volumn:

LDK Solar Co. Ltd. (LDK): the China solar cells maker surged 17.78% to $34.45 per share as the company stated that its business remains strong despite the 4th quarter outlook is at low end of expectations. The stock was the leading gainer on NYSE today with 5.88 million shares traded.
URS Corp. (URS): the approval of the acquisition of Washington Group International that would create the nation's biggest engineering and construction company ignited the rally and send shares or URS up 10.67% to $61.7 per share. The stock was the fifth leading gainer on NYSE today with 12.49 million shares traded.

Stock Down on Heavy Volumn:

Fannie Mae (FNM): Bad housing market news keep hammering shares of government sponsored loans maker. Shares fell 10% to $43.04 per share trade. Earlier last month the stock was still trading near $70 per share.

Stocks On The Move - November 14

2007-11-14T21:40:00.001-08:00

Stocks Up On Heavy Volumn:

Questcor Pharmaceuticals, Inc. (QSC): earlier in August of this year this is still a tiny penny stock trading at just 21 cents per share. However after the company annouced bullish third quarter result this Monday, all the sudden what we have here is a $4.55 stock with bright future. Todays 40% gain marks the fourth straight winning session and with the trading volumn now expands to 11 million shares looks like this stock is now taking center stage and should probably attract more buyers.
Canadian Solar Inc. (CSIQ): this is not a Canadian based company but a China based solar power products maker for customers worldwide. Today the company reported sharply rise in third quarter profit and also send the stock price sharply up almost 30% to $14.53 per share. During the trading session today the stock actually reached new 52 weeks high of $17.1 per share. The stock was the third leading gainer on Nasdaq today with 6.28 million shares traded.

Stock Down on Heavy Volumn:

United Rentals, Inc. (URI): shares of construction equipment rental company plunged 30.9% to $23.5 per share after Cerberus pull from the merger agreement worth $7.0 billion which valued the company at $34.5 per share. The stock was the worst performing one on NYSE today with 36 million shares traded, the nineth heaviest trade.

Stocks On The Move - November 2

2007-11-04T23:42:00.001-08:00

Stocks Up on Heavy Volumn:

WellCare Health Plans, Inc. (WCG): this was still an $100 per share stock two weeks ago. However the FBI and state agency investigation on October 24, 2007 triggerred the sell-off and cut stock price of the Florida based healthcare provider in half. The slide continued till it reached the new low of $20 on October 31. On Friday the stock surged 19% and rose another 23% during the after hour trade as the company began its own investigation on expense report fraud. The stock was the leading gainer on NYSE on Friday with 12 million shares traded.
Western Digital Corp. (WDC): the hard disk driver maker benefits from strong demand from PC maker Hewlett-Packard, Dell and Apple and reported a strong first quarter result. The announcement send the stock to new 52 weeks high of $29.45 per share and ends the day at $28.91, rising 11.11% in one day. The stock was the tenth leading gainer on NYSE with 13 million shares traded.

Stocks Down on Heavy Volumn:

Ambac Financial Group, Inc. (ABK): shares of New York based Mortgage bond insurer plunged 20% to 52 weeks low of $23.51 per share on analyst downgrade. The stock became the latest victim of the credit market meltdown which sank shares of the subprime companies. The stock was the second leading decliner on NYSE with 29.9 million shares traded.
Silicon Image Inc. (SIMG): weak third quarter report send shares of semiconductor comapny down 25.6% to 52 weeks low of $4.5 per share. The company's third quarter earnings dropped almost 50% to 4.1 millions. The stock was the fourth leading decliner on Nasdaq with 10.37 million shares traded.

Stocks On The Move - October 31

2007-10-31T22:27:00.000-07:00

Stocks Rise on Heavy Volumn:

SiRF Technology Holdings Inc. (SIRF): shares of San Jose, CA based global positioning system(GPS) chips maker soared 27.94% to $29.81 per share as the company's third quarter profit exceeds Wall Street estimates on strong navigation device market. The stock was the fourth leading gainer on Nasdaq today with 11.95 million shares exchanged hands.
Mastercard Incorporated (MA): shares of leading credit-card processor surged 20.85% to new high of $189.91 per share as the company's 3rd quarter profit jumps 63% on increase in oversea spending. The stock was the second leading gainer on NYSE today with 20.28 million shares traded.

Stocks Drop on Heavy Volumn:

Buffalo Wild Wings Inc. (BWLD): shares of Minneapolis based casual style resaurants chain operator plunged 21.2% to $30.66 per share as the company's third quarter result missed analyst expectations. The stock was the fifth leading decliner on Nasdaq today with 5.8 million shares traded.
Omnicare Inc. (OCR): shares of Covington, Kentucky based pharmacy services provider tumbled 15.98% to 52 weeks low of $29.5 per share after the company reported weak third quarter result and lowered 2007 outlook on new Medicare reimbursement rules. The stock was the second leading decliner on NYSE today with 11.62 million shares traded.

Stocks On The Move - October 30, 2007

2007-10-30T23:05:00.000-07:00

Stocks Rise on Heavy Volumn:

Sepracor Inc. (SEPR): shares of Marlborough, MA based pharmaceutical firm surged 16.12% to $26.73 per share on positive outlook for 2008 with cost cutting effort. The stock was just trading at new 52 weeks low yesterday but today was the eighth leading gainer on Nasdaq today with 10 million shares traded.
On2 Technologies Inc. (ONT): shares of On2 Technology, a Clifton Park, NY based video codec software maker rose for the third straight sessions with another 9.26% gain to $1.18 per share on successful integration of its product with RipCode. The stock was the fifth leading gainer on AMEX today with 6.2 million shares traded.

Stock Drop on Heavy Volumn:

Smith & Wesson Holding Corp. (SWHC): shares of Springfield, MA based handguns maker plunged 39.67% to $12.12 per share after the company posted weak second quarter result and also lowered the revenue growth. The stock was the worst stock on Nasdaq today with 15 million shares traded.
American Medical Systems Holdings Inc. (AMMD): shares of surgical products maker tumbled 29.15% to new 52 week low of $12.03 per share on disappointing third quarter results and profit warning. The stock was the fourth leading decliner on Nasdaq with 19.9 million shares traded.

Stocks On The Move - October 23, 2007

2007-10-23T23:31:00.000-07:00

Stocks Up on Heavy Volumn:

Art Technology Group (ARTG): Shares surged 19.35% to $4.07 per share after the company reported a 65% jump in revenue in the third quarter from $21.8 million to $35.9 million. This exceeds the analyst estimate of $32.5 million. The stock was the seventh leading gainer on Nasdaq on Tuesday with 11.87 million shares traded.
New York Times Company (NYT): shares of newspaper publisher rose 9.83% to $20.22 per share as the company reported increase in third quarter earning from $12.6 million to $13.4 million. Heavy volumn of 6 million shares were traded.

Stocks Down on Heavy Volumn:

Level 3 Communication Inc. (LVLT): shares plunged 24.07% to $3.28 per share. The stock was the fifth leading decliner and the heaviest traded stock on Nasdaq 280 million shares traded.
PFB Bankcorp Inc. (PFB): shares sank to new 52 weeks low of $9.78 per share and at the end recovered back to 17.86% loss of $11.45 per share. The stock was the leading decliner on NYSE with 5 million shares traded.

Stocks On The Move - October 19, 2007

2007-10-19T23:33:00.000-07:00

Stocks Up on Heavy Volumn:

CyberSource Corp. (CYBS): weak outlook and worries sank the entire market today with every major indices losing at least 2.5%. However there is rare winner such as Mountain View, CA based CyberSource which provides merchants with online credit card payment solutions. Shares surged 18.35% to $14.9 per share as Needham analyst upgraded the stock to Buy as the company's outlook is healthy and third quarter results were strong. The stock was the third leading gainer on Nasdaq on Friday with 4.67 million shares traded.
Standard Pacific Corp. (SPF): the hard hit home builders are attracting bargain hunters as various of home builder stocks actually went up today. The biggest gainer is Irvine, CA based Standard Pacific Corp. gaining 7.8% to $4.42 per share with heavy volumn of 9.3 million shares traded. However for the year the stock has lost more than 80% of its value.

Stocks Down on Heavy Volumn:

Angiotech Pharmaceuticals Inc. (ANPI): reporting weak outlook on a weak market probably was why the Vancouver, Canada based pharmaceutical company lost 33.86% of its stock value and ended at new 52 weeks low at $4.98 per share. The stock was the worst stock on Nasdaq on Friday with heavy volumn of 7 million shares traded.
SanDisk Corp. (SNDK): sharp drop of third quarter profit sank shares of the flash memory driver maker to six month low of $42.71. The stock was the ninthly leading decliner with 45 million shares traded.

Stocks On The Move - October 8

2007-10-08T22:33:00.000-07:00

The biggest mover of the day is Vonage Holdings (VG), a major digital phone service provider that was in serious trouble due to six patents infringement of Sprint which may put the company out of business. The settlement with Sprint on Monday send the stock up 123.48% to $2.57 per share on hope that the company's business could be back on track. The trading volumn also made an all time high with 35 million shares exchanged hands.

In Nasdaq the Chinese information network security provider CTDC reported a strong result for the six months ending June, 2007 with net income of $796,600 compared to net loss of $736,000 US for the same period in 2006. The news helped the stock to reached new 52 weeks high of $11.98 and finished the day gaining 24.28% to $10.39 per share. The heavy volumn of 15.67 million shares was also an all time high.

Another China based company LDK Solar(LDK) however was on the eighth straight losing session with 26.4% loss to $37.5 per share, losing half of its value in just 5 days. This all started when a former eecutive said the solar wafer maker had problems with its silicon inventories. Even in the after market the stock lost another 4.53% to $35.8 per share.

Stocks On The Move - September 19

2007-09-19T22:21:00.000-07:00

Stocks Rise on Heavy Volumn:

NetSol Technologies Inc. (NTWK): the financial services software provider took center stage today as it reported fourth quarter profit of $1.3 million which was far better than the $1.7 million loss last year. The surprising positive news lifted the stock up 40.24% to $2.37 per share with heavy volumn of 13.7 million shares traded, about 46 times average volumn. The stock also hit new 52 weeks high of $2.95 during today's trading session and was the second best performer on Nasdaq today.

Stock Drop on Heavy Volumn:

CarMax Inc. (KMX): two days of market rally on Fed's rate cut didn't help the car dealership as stock tumbled 15.04% to $21.29 per share on weak sales in the second quarter and also weak forcast for the year. The stock was the leading decliner on NYSE today with 20 million shares traded.

Stock On The Move - August 15

2007-08-15T22:40:00.001-07:00

Stocks Rise on Heavy Volumn:

Thornburg Mortgage Inc. (TMA): the tumbling mortgage lender finally can take a breath with shares recovered back with 38.76% gain back to $10.56 per share on bargain hunting. The stock was the second leading gainer on NYSE with heavy trading of 33 million shares, the tenth heaviest traded.

Stock Drop on Heavy Volumn:

KKR Financial Corp. (KFN): shares of real estate investment trust company plunged 31.11% to $10.52 per share after the company sold $5.1 billion in residential mortgage loans and take a $40 million loss. The stock was the leading decliner on NYSE today with 20.7 million shares traded.

Stock On The Move - August 13

2007-08-13T23:07:00.000-07:00

Stock Drop on Heavy Volumn:

SCO Group Inc. (SCOX): shares of UNIX based applications maker plummetted 71.79% to 44 cents per share after the company lost court case against Novel. The stock was the biggest loser on Nasdaq today with 6 million shares traded.
Accredited Home Lenders Holding Co. (LEND): last Friday the subprime lender was cheering on the approval of the merger. However with the merger becomes less likely because the buyer Lone Star felt Accredited Home wouldn't meet the conditions of the offer, shares sank 34.64% to $5.82 per share. Fearing the failing of the deal would devastate the company, Accredited Home sued Lone Star in order to get the merger deal through. The stock was the third leading decliner on Nasdaq today with 15 million shares traded.
Thornburg Mortgage Inc. (TMA): shares of mortgage lending company plunged for the third straight session with another 20.93% lost to $14.28 per share as subprime woes continue to hurt the company's shares. The stock was the third leading decliner on NYSE today with 13 million shares traded.

Stocks On The Move - August 12

2007-08-12T20:29:00.001-07:00

Stocks Rise on Heavy Volumn:

Accredited Home Lenders Holding Co. (LEND): the approval of the merger brought the trouble company back alive again with 45.27% gain to $8.9 per share. The merger was originally priced at $15 per share. However in the after hour shares were cut in half after affiliates of Lone Star Fund, the buyer of the company, says Accredited would fail to satisfy the conditions. The stock was the second biggest winner on Nasdaq todya with 21 million shares traded.

Stock Drop on Heavy Volumn:

Thornburg Mortgage Inc. (TMA): shares of mortgage lending company tumbled 14.93% to $18.06 per share on analyst downgrade amid mortgage worry. The stock was the eighth leading decliner on Nasdaq today with 8.5 million shares traded.

Stocks On The Move - August 9

2007-08-09T21:49:00.001-07:00

Stocks Rise on Heavy Volumn:

Beazer Homes USA Inc. (BZH): the home builder stocks are finally back to the green after months of sell-off. One of the biggest gainer is the Atlanta based Beazer Homes with shares rising 11.66% to $16.76 per share. This marked the third straight trading session that the stock finished up. The stock was the sixth leading gainer on Nasdaq with 12 million shares traded.
Hovnanian Enterprises Inc. (HOV): despite an almost 400 point drop in Dow Jones today, most home builder stocks hold up well probably becuase the entire sector is considered discount. One of the better performer is Red Bank, NJ based Hovnanian Enterprises with shares gaining 10.34% to $16.22 per share. However it is still less than half of the year high of $38 earlier this year. The stock was the seventh leading gainer on NYSE with 9.2 million shares traded.

Stock Drop on Heavy Volumn:

Tarragon Corp. (TARR): the New York based home builder joined the penny stock family today with shares losing 66.67% to 94 cents per share reaching its multi-year low as company is having trouble obtaining sufficient liquidity to fund its operations. The stock was the biggest decliner on Nasdaq today with 18.13 million shares traded.
Limelight Networks, Inc. (LLNW): shares of Tempe, Arizona based digital content delivery network provider plunged 39.26% to $8.99 per share as the company swing to a second quarter loss and is expecting lower revenue for the third quarter. The stock was the second leading decliner on Nasdaq today with 7.6 million shares traded.

Stocks On The Move - August 8

2007-08-08T22:37:00.000-07:00

Stocks Rise on Heavy Volumn:

Microtek Medical Holdings Inc. (MTMD): shares of surgical products maker surged 27.93% to $6 per share on merger with Ecolab. Ecolab will pay $275 million or $6.3 to acquire 43.5 million shares of Microtek. The stock was the seventh leading gainer on Nasdaq with 7 million shares traded.
Alesco Financial Inc. (AFN): another hard beaten REIT company attracting bargain hunters today was Philadelphia based Alesco Financial with shares soaring 37.6% to $5.05 per share. the company reported strong second quarter earnings on Tuesday night. The stock was the fourth leading gainer on NYSE with 5.78 million shares traded.

Stock Drop on Heavy Volumn:

Heelys Inc. (HLYS): shares of children's footwear maker plunged 48.07% to $11.42 per share on weak outlook below analyst estimate. The stock was the biggest decliner on HLYS today with 8.23 million shares traded.
James River Coal Co. (JRCC): shares of Richmond, Virgina based coal's mining company plummetted 45.17% to $5 per share due to high inventories, new safety regulations and soften coal market. The stock was the second leading decliner on Nasdaq today with 7 million shares traded.

Stocks On The Move - August 7

2007-08-07T22:53:00.001-07:00

Stocks Rise on Heavy Volumn:

Interpublic Group of Companies Inc. (IPG): the roller coaster ride of the market today didn't affect shares of the New York based advertising and marketing services provider. Shares rose 14.77% to $11.19 per share after the company reported second quarter profit which was more than doubled due to large reversal of tax reserves. The stock was the eleventh leading gaineron NYSE today with 16 million shares traded.

Stock Drop on Heavy Volumn:

Luminent Mortgage Capital Inc. (LUM): the Domino Effect of the subprime mortgage woe keeps spreading with another REIT company taking hit today. The San Francisco based Luminent Mortgage Capital saw its shares losing 75.34% to $1.08 per share on worries that the company is facing serious liquidity problem. The stock however was the leading decliner on NYSE today with 32 million shares traded.
RAIT Financial Trust (RAS): The roller coaster ride continuous for the Philadelphia based REIT company. After shares surged 58.23% yesterday, the ongoing subprime breakdown concern and profit taking send the stock down 23.4% to $7.66 per share. The stock was the sixth leading decliner on NYSE today with 22 million shares traded.

Stocks On The Move - August 6

2007-08-06T23:06:00.000-07:00

Stocks Rise on Heavy Volumn:

RAIT Financial Trust (RAS): before 12 pm today, it looked as if it would be another bloody day today for the REIT company. However in the afternoon the stock made an dramatic swing from new 52 week low of $4.82 all the way to an amazing 58.23% gain and finished at $10 per share. The last minute push send the stock from $8 all the way to $10. With such big gain with short time, people began to unload some shares in the after hour for profit taking and send the stock back below $9 per share. The stock was the leading gaineron NYSE today with 20 million shares traded.
Fremont General Corporation (FMT): another hard-beaten subprime loan company making a comeback today is Fremont General Corp. After free fall of price in July, the stock finally rebound a little bit with a 17.59% gain to $5.28 per share. The stock was the fourth leading gainer on NYSE today with 5.9 million shares traded.

Stock Drop on Heavy Volumn:

Harmony Gold Mining Co. Ltd. (HMY): the disappointing third quarter forecast and the resignation of the chief executive officer triggerred the sell off of the gold mining company. Shares plunged to as low as $10.87 per share, the new 52 weeks low, and then holding up a little bit and ended the day at $11.02 per share, a 18.19% drop. The stock however was the fifth leading decliner on NYSE today with 9.6 million shares traded.

Stocks On The Move - August 3

2007-08-05T21:14:00.001-07:00

Stocks Rise on Heavy Volumn:

Accredited Home Lenders Holding Co. (LEND): after falling 35% on Thursday, shares of mortgage banking company recovered back $1.66 or $31.26% to $6.97 per share on bargain hunting and anticipation of merger. The stock was the biggest winner on Nasdaq todya with 22 million shares traded.
Alkermes Inc.(ALKS): shares of biotechnology company rose 12.52% to $16.63 per share after the company posted strong first quarter profit above Wall Street estimate. The stock was the nineth leading gainer on Nasdaq today with 5.23 million shares trade.

Stock Drop on Heavy Volumn:

American Home Mortgage Investment Corp. (AHM): two day sparks of the in-trouble real estate investment trust company quickly evaporated with shares plummetted 52% to another new low of 69 cents per share as the company closed down offices and laid off most of its workforce, about 7,000. The stock however was the second leading decliner on NYSE today with 28.44 million shares traded.
RAIT Financial Trust (RAS): another REIT company in trouble was RAIT Financial Trust with shares plunged 33.75% to $6.32 per share as investors worried the company may follow what had happened to AHM. The stock was the fifth leading decliner on NYSE today with 15 million shares traded.

Stock On The Move - August 2

2007-08-02T23:26:00.001-07:00

Stocks Rise on Heavy Volumn:

Pharmion Corp. (PHRM): shares of cancer treatment products maker jumped 58.4% to $39.03 per share on positive study data of its blood and bone marrow disorder drug Vidaza. The stock was the biggest winner on Nasdaq todya with 12 million shares traded.
Checkfree Corp.(CKFR): shares of electronic payment processing company surged 23.27% to $45.4 per share after Fisev Inc. is buying the company for $4.4 billion or $48 per share. The stock was the third leading gainer on Nasdaq today with 28 million shares trade.

Stock Drop on Heavy Volumn:

Pozen Inc. (POZN): shares of acute and chronic pain drug maker sank 43.09% to $9.93 per share after FDA requests more safety information from its migraine drug Trexima. The stock was the second leading decliner on Nasdaq today with 16.7 million shares traded.
Accredited Home Lenders Holding Co. (LEND): following the steps of AHM and NFI recently, another subprime lender which stock price got hammered was Accredited Home Lenders which shares plunged 35.32% to $5.31 per share as the survival of the company is in doubt as stated in the annual report. The stock was the second leading decliner on Nasdaq today with 18 million shares traded.

Stocks On The Move - August 1

2007-08-01T22:20:00.000-07:00

Stocks Rise on Heavy Volumn:

American Home Mortgage Investment Corp. (AHM): after got nearly wiped-out with 90% loss yesterday, shares of the real estate investment trust company regained some of the loss with 42.31% gain to $1.48 per share. However it is still far from last Friday's price of $10 per share as worries of the company going bankruptcy is still in the air. The stock however was the biggest gainer and the eleventh heaviest traded on NYSE today with 38.8 million shares traded.
NAVTEQ Corp.(NVT): shares of digital map provider surged 16.92% to $63.29 per share after the company raised its profit and revenue guidance for the year which is above Wall Street estimates. The stock was the fifth leading gainer on NYSE today with 5.1 million shares trade.

Stock Drop on Heavy Volumn:

Novastar Financial Inc. (NFI): the subprime woe is still shaking the a lot of subprime lenders. Today shares of Novastar Financial sank 27.49% to $6.99 per share and are continuing hitting new lows everyday. The reverse stock split on Monday didn't seem to help much. The stock was the second leading decliner on NYSE today with 7.08 million shares traded.

Stocks On The Move - July 31

2007-07-31T23:15:00.001-07:00

Stocks Rise on Heavy Volumn:

Under Armor Inc.(UA): shares of sports clothing maker was able to hold on most of its gain of the day despite a late market retreat and finished up 11.29% at $61.41 due to strong second quarter net income. The stock was the fourth leading gainer on NYSE today with 6.6 million shares trade.
Dow Jones & Co. Inc.(DJ): another company that was able to hold on to its gain today was the financial media company Dow Jones with shares advaced 11.29% to $57.38 per share after News Corp. board approves the $5 billion buyout of the company. The stock was the fifth leading gainer on NYSE today with 5.56 million shares trade.

Stock Drop on Heavy Volumn:

American Home Mortgage Investment Corp. (AHM): today's doomsday of the real estate investment trust company with stock plummetting 90% to all time low $1.04 per share on worries that the company maybe going for bankruptcy. The stock was the biggest loser on NYSE today with 31.4 million shares traded.
RAIT Financial Trust (RAS): another real estate investment trust in trouble was Philadelphia based RAS with shares plunging 35% to $10.36 per share as the company is looking to liquidate assets in order to keep it running. The stock was the fifth leading decliner on NYSE with 22 million shares traded.

Stocks On The Move - July 30

2007-07-30T22:21:00.000-07:00

Stocks Rise on Heavy Volumn:

KBR Inc.(KBR): shares of Houston, Texas based oil and gas production facilities design and construction service provider rose 8.5% to $31.39 per share after the company is expected to get $3 million from changing its contract for a Nigerian gas-to-liquids project. The stock was the eighth leading gainer on NYSE today with 4 million shares trade.

Stock Drop on Heavy Volumn:

ValueClick Inc. (VCLK): shares of online advertising company plunged 19.22% to $21.01 per share due to weaker than expected earning and lower 2007 forecast. The stock became the third leading decliner on Nasdaq with 25.5 million shares traded.
RadioShack Corp. (RSH): shares of electronic retailer tumbled 11.285 to $25.55 per share as the company posted 15% drop in revenue and also 9% drop in same store sales. The stock was the seventh leading decliner on NYSE with 14 million shares traded.

Stocks On The Move - July 27

2007-07-29T22:31:00.000-07:00

Stocks Rise on Heavy Volumn:

Kyphon Inc.(KYPH): despite another huge market retreat, shares of Sunnyvale, CA based medical devices maker jumped 24.07% to $66.6 per share after Medtroni annouced to acquire the copany for $3.9 billion or $71 per share. The stock was the fifth leading gainer on Nasdaq today with 13 million shares trade.

Stock Drop on Heavy Volumn:

Sepracor Inc. (SEPR): with a down market any bad news would accelerate the loss. This is exactly what happened to Marlborough, MA based pharmaceutical firm Sepraor. After announcing 44% profit loss and lowered forcast shares plunged 28.67% to $27.29 per share with heavy volumn of 18.9 million shares traded. The stock became the third leading decliner on Nasdaq.
Netgear Inc. (NTGR): shares of Santa Clara, California based communication equipment maker plunged 23.61% to $28.89 per share after the company reporeted 38% profit cut to $6.1 million. The stock was the fifth leading decliner on Nasdaq with 9 million shares traded.
Six Flags Inc. (SIX): the amusement parks owner hasn't yet found a solution to boost its earning with a huge second quarter loss of $50.9 million compared to $45.1 million in the same quarter last year. Shars tumbled to new 52 weeks low of $3.7 per share and ended the day at $3.9 per share, a 16.84% drop. The stock was the worst performer on NYSE today with 11.4 million shares traded.

Stocks On The Move - July 26

2007-07-26T22:54:00.000-07:00

Stocks Rise on Heavy Volumn:

Baidu.om Inc.(BIDU): shares of Chinese internet search giant jumped 14.1% to $25.83 per share. This is a incredible performance considering how bad today's market is. The strong second quarter earning gives very little reason for any shareholder to sell the stock and as a result the stock was the sixth leading gainer on Nasdaq today with 9.68 million shares traded.
Amerigroup Corp. (AGP): shares of healthcare company surged 15.37% to $27.62 per share as the company's second quarter earning topped analysts estimtes. The stock was the leading gainer on NYSE today with 5.24 million shares traded.

Stock Drop on Heavy Volumn:

Akamai Technologies Inc. (AKAM): the bad news is the market is on a broad retreat today but the good news is most stocks are down on light volumn meaning not many people are selling. However that's not the case for the internet content and application solutions provider Akamai which saw its shares hammered by 18.89% to $38.27 per share with trading volumn 5 times over average volumn to 37 million shares as analysts doubts about the company's near future. The stock was the leading seventh leading decliner on Nasdaq today with 37 million shares traded.
Sonus Networks Inc. (SONS): another stock down sharply on heavy volumn is the network infrastructure equipment maker Sonus Network with shares down 16.55% to $6.91 per share as the company completes its option probe. The stock was the tenth leading decliner on Nasdaq today with 64.5 million shares traded, the eighth heaviest traded.

Stocks On The Move - July 25

2007-07-25T21:29:00.001-07:00

Stocks Rise on Heavy Volumn:

Dade Behring Holdings Inc.(DADE): shares of clinical diagnostic instruments maker soared 32.82% to $74.26 per share after Siemens is buying the company for $6.3 billion or $77 per share. The stock was the second leading gainer on Nasdaq today with 10.34 million shares traded.
Amazon.com Inc. (AMZN): this is one of the stock that helps the market finished in green instead of red. Amazon.com, the leading online giant in book sells and others saw its shares jumped 24.45% to 52 weeks high of $86.18 per share after the company reported strong second quarter profit which went tripled due to strong sales of books, music and electronics. The stock was the third leading gainer and the second heaviest traded on Nasdaq today with 60 million shares traded.

Stock Drop on Heavy Volumn:

Skechers USA Inc. (SKX): the shoe company didn't make the mark today with 15% drop in net income for the second quarter. The stock dropped 21.39% to $22.27 and was the leading decliner on NYSE today with 5.6 million shares traded.
Convergys Corp. (CVG): shares of customer care, billing and human resource services provider tumbled 14.51% to $20.45 per share after the company said its second quarter profit dropped 3% due to high cost and weak U.S. dollar. The stock was the third leading decliner on NYSE today with 5.7 million shares traded.

Stocks On The Move - July 24

2007-07-24T23:04:00.001-07:00

Stocks Rise on Heavy Volumn:

Republic Property Trust(RPB): shares of real estate investment trust company surged 22.21% to $14.03 per share after Liberty Property Trust agreed to buy the company for $383.5 million or $14.7 per share. The stock was the leading gainer on NYSE today with 9.3 million shares traded.

Microvision Inc. (MVIS): shares of miniature display and imaging engines maker rose 12.37% to $5.45 per share after the company signed contract with handset maker Motorola. The stock was the tenth leading gainer on Nasdaq today with 12.1 million shares traded.

Stock Drop on Heavy Volumn:

Ulstarcom Inc. (UTSI): shares of telecommunications equipment maker tumbled 17.97% to $3.88 per share after the company is reviewing certain sales contract in China. The stock was the second leading decliner on Nasdaq today with 9.4 million shares traded.

Fremont General Corporation (FMT): shares of residential real estate lending business company sank 18.18% to $7.65 per share on subprime lending wows. The stock was the seocnd leading decliner on NYSE today with 5.2 million shares traded.

Stocks On The Move - July 23

2007-07-23T20:32:00.000-07:00

Stocks Rise on Heavy Volumn:

GigaBeam Corp.(GGBM): shares of wireless communication solutions provider skyrocketted 73.21% to $4.85 per share after the company received puchase orders for 24 WiFiber links from One Veclocity Inc. The stock was the leading gainer on Nasdaq today with 8.4 million shares traded.
Opsware Inc. (OPSW): shares of data center automation software maker surged 36.19% to $14 per share after HP agreed to buy th company for $1.65 billion or $14.25 per share. The stock was the second leading gainer and the second heaviest traded on Nasdaq today with 78.8 million shares traded.
Cumulus Media Inc. (CMLS): shares of Atlanta, GA based radio station operator jumped 32.86% to $11.12 per share after an investor group is buying the company $508 million or $11.75 per share. The stock was the third leading gainer Nasdaq today with 10.7 million shares traded.

Stock Drop on Heavy Volumn:

Nucryst Pharmaceuticals Corporation(NCST): after rising 160% in one day shares of infection and inflammation fighting medical producst maker gave back gain of 29.79% to $4.1 per share on analyst downgrade as the stock's one day miracle may be over-reacted. The stock was the leading decliner on Nasdaq today with 9.6 million shares traded.
Lifepoint Hospitals Inc.(LPNT): shares of hospital operator tumbled 17.54% to $32.25 per share after the company posted a 61% drop in second-quarter profit. The stock was the fourth leading decliner on Nasdaq today with 9.88 million shares traded.

Stocks On The Move July 20

2007-07-22T21:45:00.000-07:00

Stocks Rise on Heavy Volumn:

Nucryst Pharmaceuticals Corporation(NCST): shares of infection and inflammation fighting medical producst maker sky-rocketted 161.88% to $5.84 per share after FDA approves the company's antimicrobial cream. The stock was the leading gainer on Nasdaq today with 16 million shares traded.
Intuitive Surgical Inc. (ISRG): shares of robotic surgical equipment maker jumped 32.32% to new 52 weeks high of $198.59 per share due to 84% jump in second quarter net income. The stock was the fourth leading gainer on Nasdaq with 8.9 million shares traded.
American Home Mortgage Investment Corp. (AHM): after losing 20% in previous trading session due to the mortgage lenders credit concern shares of American Home Mortgage regained most of the loss with 19% gain to $12.8 per share as analyst noted the sell-off was overdone. The stock was trading about $14 per share on Tuesday of July 17. The stock was the leading gainer NYSE today with 7.87 million shares traded.

Stock Drop on Heavy Volumn:

Spectrum Pharmaceuticals Inc. (SPPI): shares of oncology drug maker plunged 21.01% to $5.45 per share as FDA is requesting more data on the company's prostate cancer pill which that licensed to GPC Biotech AG's. The stock was the second leading decliner on Nasdaq today with 8.2 million shares traded.
Biovail Corp. (BVF): another stock affect by FDA is Biovail which sank 21.48% to $20.03 due to rejection from FDA for its dression treatment drug. The stock was the leading decliner on NYSE today with 6.5 million shares traded.
Pall Corp. (PLL): shares of filtration, purification and separation products maker tumbled 15.72% to $41.11 on investigation into the company's tax payments. The stock was the second leading decliner on NYSE today with 8.1 million shares traded.

Stocks On The Move - July 19

2007-07-19T22:53:00.000-07:00

Stocks Rise on Heavy Volumn:

Avici Systems Inc.(AVCI): shares of high-speed network equipment maker jumped 35.27% to $11.39 per share as the company reported 53% increase in second quarter profit on high revenue and low cost. The company earned $12.1 million, up from $7.9 million the same period last year. The stock was the third leading gainer on Nasdaq today with 13 million shares traded.
Beacon Power Corp. (BCON): after a week of pull back shares of the energy storage product maker surged 26.76% to $1.8 per share as bargain hunter came after saw stock hitting 20 day moving average. No news on the stock today that affects the heavy movement. The stock was the sixth leading gainer on Nasdaq with 8.8 million shares traded.
Labor Ready Inc. (LRW): shares of manual labor and light industrial rose 21.09% to new 52 weeks high of $27.79 per share due to bullish outlook and analyst upgrade. The stock was the leading gainer on NYSE with 5.38 million shares traded.

Stock Drop on Heavy Volumn:

American Home Mortgage Investment Corp. (AHM): shares of real estate investment trust company plunged 20.82% to $10.76 per share on concern of the mortgage lenders credit. The stock was the worst performer on NYSE today with 11.56 million shares traded.

Stocks On The Move - July 18

2007-07-18T21:43:00.001-07:00

Stocks Rise on Heavy Volumn:

Humana Inc.(HUM): shares of health insurance plan provider rose 9.82% to 52 weeks high of $68.31 per share on strong second quarter profit and bullish forecast for the year. The stock was the fifth leading gainer on NYSE today with 6 million shares traded.
Macy's Inc.(M): shares of leading department store operator advanced 7.64% to $43.09 per share as private equity firm Kohlberg Kravis Roberts & Co. is planning to buy the retailer for $52 per share. The stock was the eighth leading gainer and the fifth heaviest traded on NYSE today with 37.89 million shares traded.

Stock Drop on Heavy Volumn:

Novastar Financial Inc. (NFI): shares of trouble subprime mortgage company plunged 17.58% to $5.86 per share as investor doubt if $150 million cash would be enough for the company. The stock was the worst performer on NYSE today with 8.55 million shares traded.
CIT Group Inc. (CIT): shares of New York based Vancouver based mortgage provider tumbled 11.29% to $49.17 per share after the company said it will exit the home-leanding business. The stock was the third leading decliner on NYSE today with 7 million shares traded.

Stocks On The Move - July 17

2007-07-17T22:57:00.000-07:00

Stocks Rise on Heavy Volumn:

Lyondell Chemical Co.(LYO): shares of Houston, Texas based chemicals and plastics manufacturer surged 17.27% to new 52 weeks hig of $47.05 per share after Dutch chemicals company Basell is buying its competitor for $12.1 billion or $48 per share. The stock was the third leading gainer and the second heaviest traded on NYSE today with 52.8 million shares traded.
Encysive Pharmaceuticals Inc.(ENCY): shares of Houston based biotechnology company jumped 19.41% to $2.03 per share as the company is exploring strategic alternatives and has retained Morgan Stanley to help evaluate strategic alternatives. The stock was the seventh leading gainer on Nasdaq today with 7.86 million shares traded.

Stock Drop on Heavy Volumn:

Metabasis Therapeutics Inc. (MBRX): shares of La Jolla, CA based biopharmaceutical company plummetted 54.35% to 52 weeks low of $3.15 per share on disappointing data from its type 2 diabetes drug. The stock was the worst performer on Nasdaq today with 4.28 million shares traded.
Nautilus Inc. (NLS): shares of Vancouver, Washington based fitness equipment maker tumbled 17.09% to $9.9 per share on downgrade after the company reported weak second quarter earnings. The stock was the leading decliner on NYSE today with 6.7 million shares traded.

Stocks On The Move - July 16

2007-07-16T21:03:00.001-07:00

Stocks Rise on Heavy Volumn:

Syntax-Brillian Corporation(BRLC): shares of HDTV maker surged 18.88% to $6.61 per share after the company raised its revenue outlook for the year due to strong product demand. The stock was the fifth leading gainer on Nasdaq today with 17.65 million shares traded.
DJO Incorporated (DJO): shares of rehabilitation products maker jumped 19% to $50.1 per share after another medical device maker ReAble Therapeutics is buying the company for $1.18 billion or $50.25 per share. The stock was the biggest gainer on NYSE today with 4 million shares traded.

Stock Drop on Heavy Volumn:

Immersion Corp. (IMMR): shares of San Jose, CA based simulation systems maker plunged 15.76% to $17.23 per share ending its one year run which began last year around $5 per share. Analyst downgrade the stock to Marekt Weight because the stock may be over priced. The stock was the fourth leading decliner on Nasdaq today with 5.76 million shares traded.

Stocks On The Move - July 13

2007-07-15T09:24:00.000-07:00

Stocks Rise on Heavy Volumn:

Playtex Products Inc.(PYX): shares of tampons and cleansing cloths maker jumped 15.79% to $17.97 per share after battery maker Energizer is buying the company for $1.16 billion or $18.3 per share. The stock was the leading gainer on NYSE today with 15.4 million shares traded.
Hovnanian Enterprises Inc.(HOV): Warrent Buffett's eyeing on the hard beaten home builder is fueling the surge as shares of Hovnanian sureged 11.96% to $18.53 per share ending its six month sliding which began in February when the stock was still at $35 per share. The stock was the fourth leading gainer on NYSE today with 10.3 million shares traded.

Stock Drop on Heavy Volumn:

Idenix Pharmaceuticals Inc.(IDIX): shares of hepatitis C drug maker plunged 38.34% to $3.57 per share after Food and Drug Administration halted development of the company's hepatitis C drug. The stock was the leading decliner on Nasdaq today with 7.25 million shares traded.
Macrovision Corp.(MVSN): shares of digital lifecycle management solutions provider tumbled almost 12% to $26.22 per share after the company cuts its second quarter earnings and revenue guidance because the company failed to close some expected deals on time. The stock was the fifth leading decliner on Nasdaq today with 7.33 million shares traded.

Stocks On The Move - July 12

2007-07-12T22:00:00.001-07:00

Stocks Rise on Heavy Volumn:

Oilsands Quest Inc.(BQI): shares of Canadian oil sands company surged 25.93% to $3.4 per share as the company said its northwest Saskatchewan and northeast Alberta property has potential 10 billio nbarrels of bitumen. The stock was the leading gainer on AMEX today with 10 million shares traded.
KBR Inc.(KBR): sharese of engineering and consruction company in the energy and petrochemicals industry jumped 12.54% to $35.28 per share after the company gets $8.5 million contract boost for additional services for personnel at two Iraqi oil platforms. The stock was the third leading gainer on NYSE today with 5.98 million shares traded.

Stock Drop on Heavy Volumn:

Eldorado Gold Corp.(EGO): shares of Vancouver, Canada based gold mining company plunged 24.71% to $5.18 per share after the company's Kisladag gold mine would be shutdown by Turkish court order. The stock was the second leading decliner on AMEX on a bullish market with 11.89 shares traded.

Stocks On The Move - July 11

2007-07-11T23:19:00.001-07:00

Stocks Rise on Heavy Volumn:

DepoMe Inc.(DEPO): after losing 60% yesterday, shares of pharmaceutical company regained the loss with 20.5% surge today after an analyst said the sell-off was overdone and the stock was a bargain below $3 per share. The stock was the eighth leading gainer on Nasdaq today with 7.33 million shares traded.
InterContinental Exchange Inc.(ICE): shares of Atlanta, GA based energy future trading and Global OTC Markets operator rose 7.28% to $167.07 per share on analyst upgrade on takeover speculation. The stock was the fourth leading gainer on NYSE today with 6.15 million shares traded.

Stock Drop on Heavy Volumn:

Vital Images Inc.(VTAL): shares of enterprise image analysis solutions provider plunged 21.87% to $20.68 per share due to weak forecast for the second quarter profit and revenue for th year. The stock was the second leading decliner on Nasdaq today with 11.77 million shares traded.
Compuware Corp. (CPWR): shares of IT services and software provider plumetted 20.3% to $9.7 per share due to weak forecast on sales and earnings. The stock was the third leading gainer on Nasdaq with 19.15 million shares traded.

Stocks On The Move - July 10

2007-07-10T22:15:00.001-07:00

Stocks Rise on Heavy Volumn:

Gemstar-TV Guide International Inc. (GMST): shares of TV guide publisher surged 12% to $5.98 per share after the company said it was seeking ways to sell the company. The stock was the nineth leading gainer and the nineth heaviest traded on Nasdaq today with 27.6 million shares traded.

Stock Drop on Heavy Volumn:

DepoMe Inc.(DEPO): shares of pharmaceutical company plunged 59.43% to new 52 weeks low of $2 per share after the company reported disappointing result for its Gabapetin GR tablet. The stock was the leading decliner and the fourteenth heaviest traded on Nasdaq with 22.8 million shares traded.
Beacon Power Corp. (BCON): after shares of the energy storage product maker rose more than 100% gain in a little more than a month, people began to take profit and sank the stock 21.43% to $1.8 per share. The after hour loss of 2.22% may indicate another volatile session tomorrow. The stock was the fourth leading gainer on Nasdaq with 9.8 million shares traded.

Stocks On The Move - July 6

2007-07-08T20:37:00.000-07:00

Stocks Rise on Heavy Volumn:

Applied Micro Circuits Corp. (AMCC): despite weak forecast in first quarter sales, shares of Sunnyvale, CA based semiconductor company rose almost 15% to $2.8 per share on bullish second quarter sales outlook. The stock was the seventh leading gainer on Nasdaq on Friday with 15.52 million shares traded.
Beacon Power Corp. (BCON): the energy storage product maker has been on the move recently, rising from below $1 per share to $1.85 per share on Friday, a 100% gain in a little more than a month. Shares surged 13.5% or 22 cents to ends at new 52 weeks high. Even a week ago the stock was trading at $1.2 per share. With the company gaining compliance with Nasdaq listing, more speculative penny stock lovers may keep on coming. The stock was the nineth leading gainer on Nasdaq with 6.1 million shares traded.

Stock Drop on Heavy Volumn:

Parametric Technology Corp.(PMTC): shares of enterprise content management software maker plunged 20.12% to $17.23 per share on analysts downgrade after the company cuts the third quarter outlook. The stock was the second leading decliner on Nasdaq with 21.6 million shares traded.

Stocks On The Move - July 5

2007-07-05T22:47:00.000-07:00

Stocks Rise on Heavy Volumn:

Local.com Corp. (LOCM): the paid-search advertising services provider is having a sweet ride on the market today with 46% gain to 52 weeks high of $12.93 per share after Hearst Communications reported 22.4% stake or 2.7 million shares in the company. The stock was the biggest winner on Nasdaq today with 15.3 million shares traded.
Hilton Hotels Corp. (HLT): as expected shares of the leading global hotel chain operator surged 26% to $45.39 per share after Blackston agreed to buy the hotel chain operator for $20 billion. The stock was the second leading gainer and the heaviest traded on Nasdaq today with 105 million shares exchanged hands.

Stocks On The Move - July 3

2007-07-04T09:39:00.000-07:00

Stocks Rise on Heavy Volumn:

Continental Airlines, Inc. (CAL): despite a short trade day, shares of leading airline company still managed a 11% gain to $37.62 per share after the airline operator reported better-than-expected traffic in June and rise in key revenue. The stock was the third leading gainer on NYSE with 5.9 million shares traded.
Hilton Hotels Corp. (HLT): another major mover involves a blockbuster acquisition of the leading global hotel chain operator. Hilton Hotel Corp shares rose 6.44% to $36.05 per share after private equity firm Blackston agreed to buy the hotel chain operator for $20 billion or $47 per share which is 32% higher than the closing price. We should be expecting a huge jump on price on Thursday.

Stocks On The Move - June 6

2007-06-06T23:24:00.001-07:00

Stocks Rise on Heavy Volumn:

Acadia Pharmaceuticals Inc. (ACAD): shares of Parkinson's disease drug maker gained 11.18% to $13.82 per share as Jim Crammer was bullish about the company on his Mad Money show. The stock was the eighth leading gainer on Nasdaq on Friday with 8.3 million shares traded.
Novastar Financial Inc. (NFI): shares of mortgage company rose 10.98% to $9.1 per share after the company completed a securitization of home loans. The stock was the fifth leading decliner today with 10 million shares traded.

Stocks On The Move - June 4

2007-06-04T23:44:00.001-07:00

Stocks Rise on Heavy Volumn:

Digene Corp. (DIGE): shares of human papillomavirus testing products maker surged 26.92% to $56.82 per share after the company is bought by Qiagen NV of Venlo for $1.6 billion or $61.25 per share. The stock was the third leading gainer on Nasdaq on Friday with 7.1 million shares traded.
Doral Financial Corp. (DRL): shares of mortgage banking company jumped 44.62% to $1.88 per share as a private comapny make a counter offer to buy 80% of the company for $610 million over the prvious offer of $610 million for 90% of the company. The stock was the leading gainer on NYSE today with 8.36 million shares traded.

Stock Drop on Heavy Volumn:

GenVec Inc.(GNVC): shares of biopharmaceutical company plunged 29.27% to $3.19 per share as investors were disappointed by the preliminary results from trial of its TNFerade drug for advanced pancreatic cancer. The stock was the leading decliner on Nasdaq with 5.4 million shares traded.

Stocks On The Move - June 1

2007-06-02T22:37:00.000-07:00

Stocks Rise on Heavy Volumn:

CKX Inc. (CKXE): shares of New York based entertainment company who owns rights of image of Elvis Presley and Muhammad Ali and also rights to American Idol series jumped 37.82% to $14.65 per share after the company agreed to be taken private for $1.33 billioni or $13.75 per share. The stock was the leading gainer on Nasdaq on Friday with 10.38 million shares traded.
Dow Jones & Co. Inc. (DJ): shares of owner of major financial news providers such as The Wall Street Journal and MarketWatch surged 14.8% to $61.2 per share after the company said it would meet with Ruper Murdoch of News Corp. to address the $5 billion bid for the company. The stock was the leading gainer on NYSE with 11.6 million shares traded.

Stock Drop on Heavy Volumn:

Labopharm Inc.(DDSS): shares of Canada based pharmaceutical company plunged 51.35% to 52 weeks low of $3.07 per share as the government delayed approval of it's pain-reliever drug. The stock was the leading decliner on Nasdaq with 8 million shares traded.

Stock On The Move - May 31

2007-05-31T22:25:00.001-07:00

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

2007-05-24T22:42:00.000-07:00

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

2007-05-08T22:42:00.000-07:00

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

2007-05-07T23:23:00.001-07:00

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

2007-05-05T15:09:00.001-07:00

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

2007-05-02T21:04:00.000-07:00

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

2007-05-01T23:10:00.001-07:00

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.

Stocks On The Move - April 30

2007-04-30T21:31:00.000-07:00

Stocks Rise on Heavy Volumn:

Ionatron Inc. (IOTN): shares of high power laser weapon maker surged 20.83% to $6.15 per share after the company gets a half million dollar contract from Navy for testing of a counter-explosive device. The stock was the fourth leading gainer on Nasdaq today with 21 million shares traded.
International Securities Exchange Holdings Inc.(ISE): shares of New York based options exchange operator jumped 45.87% to $66.69 per share after Deutsche Boerse is buying the company for $67.5 per share. The stock was the leading gainer on NYSE today with 15 million shares exchanged hands.

Stock Drop on Heavy Volumn:

Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company plunged 18.6% to $1.4 per share after the company's fourth quarter loss widened to $169.7 million compared to $52.5 million a year ago. The stock was the biggest loser on NYSE today with 4.68 million shares traded.
Terra Industries Inc. (TRA): shares of agricultural chemical maker tumbled 12.24% to $17.64 per share after Citigroup downgrade the company to Hold. The stock was the third leading decliner on NYSE today with 5.27 million shares traded.

Stocks On The Move - April 27

2007-04-28T15:19:00.000-07:00

Stocks Rise on Heavy Volumn:

Varian Semiconductor Equipment Associates Inc. (VSEA): shares of io implantation systems maker which is required to build transistors for integrated circuits surged 22.79% to $70 per share on strong second quarter earning which beat Wall Street estimates. The stock was the second leading gainer on Nasdaq today with 7.9 million shares traded.
Cummins Inc.(CMI): shares of diesel and natural gas engines maker jumped 11.8% to $96.14 per share as the company's first quarter profit rose 6%. The rise are mostly from its power generation segment. The stock was the fifth leading gainer on NYSE today with 15.6 million shares exchanged hands.

Stock Drop on Heavy Volumn:

Omnicare Inc. (OCR): shares of Covington, Kentucky based pharmacy services provider for long-term care institutions lost 15.54% to 52 weeks low of $34.9 per share on as the company's net income forecast for 2007 is below Wall Street's estimates. The stock was the leading decliner on NYSE today with 18.9 million shares traded.
MEMC Electronic Materials Inc. (WFR): shares of St. Peters, MO based solar panel semiconductors components maker tumbled 14.31% to $57.54 per share on downgrade as analyst warned about an upcoming oversupply of polysilicon which is used to maker solar panels. The stock was the second leading decliner on NYSE today with 19.3 million shares traded.

Stocks On The Move - April 26

2007-04-26T18:44:00.000-07:00

Stocks Rise on Heavy Volumn:

Align Technologies Inc. (ALGN): shares of Santa Clara, CA based teeth misalignment treatment company soared 33.4% to $23.6 per share as the company is expecting strong profits for the second quarter and the fiscal year which would surpass Wall Street expectation on high demand. The stock was the winner on Nasdaq today with 10.3 million shares traded.
Wendy's International Inc.(WEN): shares of the nation's third largest hamburger chain operator surged 16.25% to $37.99 per share as the company is planning to sell all the assets left. The stock was the second leading gainer on NYSE today with 13 million shares exchanged hands.

Stock Drop on Heavy Volumn:

Covad Communications Group Inc. (DVW): shares of San Jose, CA based VoIP product and service company tumbled 16% to $1 per share on disappointing first quarter result as net losses widened to $14.5 million compared to $8.4 million a year ago. The stock was the second leading decliner on AMEX today with 13 million shares traded.
LSI Logic Corp (LSI): shares of Milpitas, CA based semiconductor company dropped almost 10% to $8.94 per share on disappointing second quarter earnings which was below Wall Street's estimates. The stock was the fourth leading decliner on NYSE today with 56 million shares traded.

Stocks On The Move - April 25

2007-04-25T21:58:00.000-07:00

Stocks Rise on Heavy Volumn:

Xenoport, Inc (XNPT): shares of biopharmaceutical company jumped 44% to $41.56 per share after its primary restless legs syndrome treatment drug shows positive results in late stage clinical trial. The stock was the second leading gainer on Nasdaq today with 5.55 million shares traded.
BioDelivery Sciences International Inc. (BDSI): shares of biopharmaceutical company soared 30.39% to $6.05 per share on positive trial results of its drug Bema Fentanyl which reduces pain in cancer patients. The stock was the third leading gainer on Nasdaq today with 14 million shares exchanged hands.
Amazon.com Inc. (AMZN): shares of leading online retailer surged 26.95% to $56.81 per share after the company reported strong first quarter profit and also raised revenue outlook for the year. The stock was the fourht leading gainer and the third heaviest traded on Nasdaq today with 104 million shares traded.
K2 Inc. (KTO): shares of fishing rod and fishing kits maker rose 20% to $15.1 per share after Jarden Corp. is buying the company for $765.9 million or $15.5 per share. The stock was the leading gainer on NYSE today with 14.6 million shares traded.

Stocks Drop on Heavy Volumn:

Vonage Holdings Corporation (VG): shares of New Jersey based voice over IP based telephone service provider gave up half of the gains it got yesterday. Yesterday the stock was up as it was again able to sign up new customers. The stock was the leading decliner on NYSE today with 9.4 million shares traded.

Stocks On The Move - April 24

2007-04-24T22:55:00.000-07:00

Stocks Rise on Heavy Volumn:

On2 Technologies Inc. (ONT): shares of On2 Technology, a Clifton Park, NY based video codec software maker rose 11.71% to $2.48 per share despite no news announcement. However in the after hour most of the gains are gone after the company my sell up to $60 million in common and preferred stock and warrants. The stock was the fourth leading gainer on AMEX today with 9.9 million shares traded.

Stocks Drop on Heavy Volumn:

Amarin Corp. (AMRN): shares of London based central nervous system disorders drug maker plummetted 78% to 52 weeks low of 83 cents per share after its Huntington's disease treatment drug failed in two late-stage studies. The stock was the worst performer and the fifth heaviest traded on Nasdaq today with 63.8 million shares traded.
ResMed Inc. (RMD): shares of sleep-disordered breathing medical equipment maker tumbled 9.85% to $43.85 per share after the company posted lower than expected third quarter result and also recall 300,000 sleep apnea devices due to short-circuit problems. The stock was the leading decliner on NYSE today with 6.47 million shares traded.

Stocks On The Move - April 23

2007-04-23T23:08:00.001-07:00

Stocks Rise on Heavy Volumn:

Alfacell Corp. (ACEL): shares of New Jersey based biopharmaceutical company soared 30% to $3.48 per share despite no news announcement. The stock continue the surge which began in March with positive results from its drugs. The stock was still a $1 stock earlier in Marhc. The stock was the leading gainer on Nasdaq today with 2.9 million shares traded.
MedImmune Inc.(MEDI): shares of biotechnology company surged 17.83% to $56.57 per share after the company is to be bought by AstraZeneca for $15.6 billion or $58 per share. The stock was the seventh leading gainer on Nasdaq and the heaviest traded on the stock exchange today with 148 million shares traded.

Stock Drop on Heavy Volumn:

Atherogenics Inc. (AGIX): shares of Alpharetta, Georgia based chronic inflammatory diseases drug maker tumbled 15.34% to $3.09 per share after AstraZeneca PLC is expected to pull out of heart drug development. The stock was the third leading decliner on Nasdaq today with 8.34 million shares traded.
Applied Micro Circuits Corp. (AMCC): shares of Sunnyvale, CA based semiconductor company plunged 22.66% to $2.73 per share due to fourth quarter sales warning. The stock was the leading decliner and the fourth heaviest traded on Nasdaq today with 58 million shares traded.

Stocks On The Move - April 20

2007-04-21T22:53:00.000-07:00

Stocks Rise on Heavy Volumn:

EpiCept Corporation (EPCT): the cancer drug maker is grabbing the attention with 73% gain today to $3.95 per share after a drug it licensed to Myriad Genetics shows tumor destroying capability. The stock was the leading gainer and the tenth heaviest traded on Nasdaq today with 26 million shares traded.
Genesco Inc.(GCO): shares of Footwear retailer surged 15.13% to $49.98 per share after Foot Locker is bidding the company for $1.2 billion or $46 per share. The stock was the leading gainer on NYSE today with 6.34 million shares traded.

Stock Drop on Heavy Volumn:

Mentor Corp. (MNT): shares of Santa Babara based breast implants maker sank 17% to $40 per share after the company cut the sales outlook and says the 2008 sales will also miss analyst estimates. The stock was the second leading decliner on Nasdaq today with 9.5 million shares traded.

Stocks On The Move - April 19

2007-04-19T22:12:00.001-07:00

Stocks Rise on Heavy Volumn:

Labor Ready Inc. (LRW): shares of Tacoma, WA based temporary employees provider surged 18.85% to $21.63 per share after the company posted strong first quarter earnings. The stock was the biggest winner on NYSE today with 5.49 million shares traded.
Ivanhoe Energy Inc.(IVAN): shares of Vancouver, Canada based oil and gas company gained 14.22% to $2.65 per share as the company is developing oil field in Iraq with Inpex. The stock was the third leading gainer on Nasdaq today with 17 million shares traded.

Stock Drop on Heavy Volumn:

Avici Systems Inc. (AVCI): shares of North Billerica, MA based network router maker plunged 28.73% to $9.65 per share after the company quit the hardware business. The stock was the biggest loser on Nasdaq today with 6 million shares traded.
Avanir Pharmaceuticals (AVNR): shares of San Deigo based chronic diseases drug maker tumbled 24.86% to $3.9 per share on profit taking. In the previous session the stock jumped 300%. The stock was the second leading decliner on Nasdaq today with 73 million shares traded also the third heavies traded.

Stocks On The Move - April 18

2007-04-18T21:27:00.000-07:00

Stocks Rise on Heavy Volumn:

Avanir Pharmaceuticals (AVNR): shares of San Deigo based chronic diseases drug maker skyrocketted more than 300% to $5.19 per share on positive clinical trial of its drug Zenvia. The stock last Feburary was still trading at $18.14 but went all the way to $1 range last month due to delay of FDA approval on Zenvia. The stock was the clear winner of the stock market today and also the third heaviest traded on Nasdaq with 86 million shares traded.
Atherogenics Inc. (AGIX): shares of Alpharetta, Georgia based chronic inflammatory diseases drug maker surged 19.88% to $3.86 per share on no news announcement. The stock earlier last month plunged from $10 to $3 due to negative clinical trial results but now it looks like buyers are back again. The stock was the third leading gainer on Nasdaq today with 7.3 million shares traded.

Stocks Drop 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.
Evergreen Solar Inc. (ESLR): shares of Marlboro, MA, based solar power company dropped 10.59% or $10.64 due to second quarter warning despite a strong first quarter result. The stock was the seventh leading decliner on Nasdaq today with 10 million shares traded.

Stocks On The Move - April 17

2007-04-17T21:24:00.001-07:00

Stocks Rise on Heavy Volumn:

InsWeb Corp. (INSW): shares of online insurance marketplace operator more than doubled today gaining 118% to to $7.23 per share after the company posted its first operating profit. The stock was the biggest winnder on Nasdaq today with 3 million sharest traded.
Jos. A Bank clothiers Inc. (JOSB): shares of men's tailored and casual clothing company rose 13.89% to $38.3 per share after the company reported better than expected 2006 earnings. The stock was the nineth leading gainer on Nasdaq today with 5 million shares traded.

Stocks Drop on Heavy Volumn:

Jones Soda Co. (JSDA): shares of Seattle, WA based softdrink maker tumbled 12.68% to $27.54 per share after rating cut due to unexpected surge in stock price recently. The stock was the fourth leading decliner on Nasdaq today with 9 million shares traded.
Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company for property in Venezuela lost 8.63% to $3.81 per share on no news announcement. The stock has been weak for the past 52 weeks staying in the $3 to $4 range. The stock was the sixth leading decliner on AMEX today with 10 million shares traded.

Stocks On The Move - April 13

2007-04-13T13:25:00.000-07:00

Stocks Rise on Heavy Volumn:

Dyax Corp. (DYAX): shares of Cambridge, MA based biopharmaceutical company jumped 49.25% to $5.97 per share after the company received positive results from late-stage test of its skin disease drug. The stock was the leading gainer and the fourth heaviest traded on Nasdaq today with 46.6 million shares traded.
SLM Corp. (SLM): shares of the nation's largest student-loan provider surged 14.75% to $46.76 per share after the company says it is in buyout talks with private equity firm for at least $20 billion. The stock was the second leading gainer on Nasdaq today with 36 million shares traded.

Stocks On The Move - April 11

2007-04-11T22:55:00.000-07:00

Stocks Rise on Heavy Volumn:

Isonics Corp. (ISON): shares of Golden, Colorado based homeland security company skyrocketted 71% to $1.83 per share after the company raised additional $2 millions and also seeks to regain compliance with Nasdaq. The stock was the leading gainer on Nasdaq today with 4 million shares traded.
Cell Therapeutics Inc. (CTIC): shares of Seattle based cancer treatment product maker rose 12.96% to $1.83 per share after Food and Drug Administration granted its lung cancer drug fast-track designation. The stock was the six leading gainer and the seventh heaviest traded on Nasdaq today with 34 million shares traded.

Stocks Drop on Heavy Volumn:

Nuvelo Inc. (NUVO): after rising more than 50% yesterday shares of the biopharmaceutical company plunged 18% to $4.43 per share on analyst downgrade saying Wall Street's optimism over the company's alfimeprase program may be misguided. The stock was the second leading decliner on Nasdaq today with 30 million shares traded.
Dendreon Corp.(DNDN): the week long surge of the red hot biotechnology company finally came to an end as stock tumbled 17.7% to $18.23 per share on analyst downgrade as the stock is near its fair price. The stock today is the third leading decliner and the fourth heaviest traded on Nasdaq with 51 million shares traded.

Stock On The Move - April 9

2007-04-09T22:29:00.000-07:00

Stocks Rise on Heavy Volumn:

Nuvelo Inc. (NUVO): shares of drug maker skyrocketted 52.69% to $5.68 per share on rumors that Bayer is taking the company's experimental blood clot dissolver for further trials. The stock was the leading gainer and the third heaviest traded on Nasdaq today with 65 million shares traded.
Dendreon Corp.(DNDN): the red hot biotechnology company is still unstoppable as shares soared 30.64% to $23.58 per share despite warning from analyst. The stock since March 29 has gained 350%. The stock today is the seventh leading gainer and the second heaviest traded on Nasdaq with 79 million shares traded.

Stocks Drop on Heavy Volumn:

Daktronics Inc. (DAKT): shares of scoreboards maker plunged 20.71% to $22.13 per share after the company issued profit and sales warning. The stock was the second leading decliner on Nasdaq today with 6.56 million shares traded.
American Home Mortgage Investment Corp. (AHM): shares of residential mortgage loans company tumbled 15.17% to $21.92 per share on analyst downgrade as the company lowered its profit target due to cooling market. The stock was the leading decliner on NYSE today with 5.8 million shares traded.

Stocks On The Move - April 5

2007-04-06T22:02:00.001-07:00

Stocks Rise on Heavy Volumn:

webMethods Inc. (WEBM): shares of business integration and optimization software maker soared 27.2% to $9.26 per share after Germany's Software AG is buying the company for $546 million or $9.15 per share. The stock was the second leading gainer on Nasdaq today with 26.4 million shares traded, the seventh heaviest traded on Nasdaq.
Dendreon Corp.(DNDN): the red hot biotechnology company continued the rocket ride on Thursday againing another 20% to $18.05 per share with another heavy volumn of $60 million shares making it the heaviest traded equity on Nasdaq on a slightly light pre-holiday trading. In the past five trading sessions the stock has gained 250%.

Stocks Drop on Heavy Volumn:

Cutera Inc. (CUTR): shares of Brisbane, CA based medical equipment maker for aesthetic market plunged 30.53% to $26.67 per share after the company cuts its first quarter outlook due to lower-than-expected productivity levels on recent sales expansion. The stock was the third leading decliner on Nasdaq today with 7.2 million shares traded.

Stocks On The Move - April 4

2007-04-04T20:59:00.001-07:00

Stocks Rise on Heavy Volumn:

BioVeris Corp. (BIOV): shares of biological and chemical substances diagnostic products maker jumped 51.91% to $20.66 per share after Swiss drug maker Roche is buying the company for $600 million or $21.5 per share. The stock was the biggest winner on Nasdaq today with 6.37 million shares traded.
Nanogen Inc. (NGEN): shares of San Diego based nanotechnology company soared 31% to $1.65 per share after it annouced that it has won a Government Service Administration contract. The stock was the third leading gainer on Nasdaq today with 14.6 million shares traded.
Mamma.com Inc. (MAMA): shares of Canadian online video search provider surged 20.79% to $5.6 per share on no news announcement. The stock was the fifth leading gainer on Nasdaq today with 14.55 million shares traded.

Stocks Drop on Heavy Volumn:

Packeteer Inc. (PKTR): shares of Cupertino, CA based wide area network service provider plunged 29.75% to $8.83 per share after the company lowered its first quarter revenue outlook. The stock was the leading decliner on Nasdaq today with 9.9 million shares traded.

Stocks On The Move - April 3

2007-04-03T21:48:00.000-07:00

Stocks Rise on Heavy Volumn:

Cell Genesys, Inc. (CEGE): shares of South San Francisco, CA based cancer therapies proivder soared 32.25% to $5.7 per share on positive data of the company's cancer drug. The stock was the fourth leading gainer and the third heaviest traded on Nasdaq today with 60.61 million shares traded.
Marshall & Ilsley Coproration(MI): shares of Milwaukee, WI based banking service provider rose 8.66% to $49.83 per share after the company is spinning off its data processing unit. The stock was the seventh leading gainer on NYSE today with 10.18 million shares traded.

Stocks Drop on Heavy Volumn:

Jackson Hewitt Tax Service Inc. (JTX): shares of income tax service provider plunged 18% to $26.53 per share after federal government is seeking to shut down 125 tax preparation branches due to false income tax return. The stock was the leading decliner on NYSE today with 9.8 million shares traded.

Stocks On The Move - April 2

2007-04-02T21:26:00.001-07:00

Stocks Rise on Heavy Volumn:

Global Imaging Systems Inc. (GISX): shares of Tampa, Florida based printers and copier seller jumped 46.87% to 52 weeks high of $28.64 per share after Xerox is buying the company for $1.5 billion or $29 per share. The stock was the second leading gainer on Nasdaq today with 16.3 million shares traded.
First Data Corp.(FDC): shares of credit card transaction processor surged 20.63% to $32.45 per share after an affiliate of private equity firm is buying the company for $27 billion or $34 per share. The stock was the biggest winner and the heaviest traded on NYSE today with $118 million shares traded.

Stocks Drop on Heavy Volumn:

Altria Group Inc. (MO): shares of leading tobacco company plunged 22.31% to $68.22 per share after the company completed spin-off of Kraft Foods. Kraft Foods which trades under the symbol KFT was down 2.56% today. The stock was the leading decliner on NYSE today with 23 million shares traded.

Stocks On The Move - March 30

2007-03-30T23:42:00.000-07:00

Stocks Rise on Heavy Volumn:

Cell Genesys Inc. (CEGE): shares of South San Francisco, CA based biotechnology company surged 20% to $4.2 per share on positive news from cancer drug maker Dendreon Copr (below). The stock was the fourth leading gainer on Nasdaq today with 19.3 million shares traded.
Dendreon Corp.(DNDN): after rising 13% yesterday as the Seattle, WA based biotechnology company was seeking its cancer drug approval, buyers rushed in today and pushed the stock up 147.7% to $12.93 per share after FDA panel endorsed the company's prostate cancer vaccine. The stock was the biggest winner and the second heaviest traded on Nasdaq today with 92.58 million shares traded.

Stocks Drop on Heavy Volumn:

Global Payments Inc. (GPN): shares of Atlanta, Georgia based payment processing and money transfer services provider tumbled 13.05% to $34.06 per share after the company cut its revenue estimates for the year. The stock was the leading decliner on NYSE today with 11.5 million shares traded.

Stocks On the Move - March 29

2007-03-29T20:57:00.000-07:00

Stocks Rise on Heavy Volumn:

Targedted Genetics Corp. (TGEN): shares of Seattle, WA based biotechnology company skyrocketted 66.15% to $4.27 per share after the company swung to fourth-quarter profit as revenue more than doubled. The stock was the biggest winner on Nasdaq today with 21.6 million shares traded.
Lone Star Technologies Inc.(LSS): shares of Dallas, TX based carbon welded oil country tubular goods maker soared 36.45% to $66.11 per share after U.S. Steel is buying the company for $67.5 per share. The stock was the leading gainer on NYSE today with 11 million shares traded.

Stocks Drop on Heavy Volumn:

Insituform Technologies Inc. (INSU): shares of underground pipes maintainenance company plunged 22.78% to $20 per share after the company said it is expecting earning decline this year as U.S. spend less on sewer pipeline rehabilitation. The stock was the leading decliner on Nasdaq today with 6.05 million shares traded.
KMG America Corp. (KMA): shares of life and health insurance provider plummetted 43.83% to $4.87 per share after industry ratings agency downgraded the company's outlook. The stock was the biggest loser on NYSE today with 9.32 million shares exchanged hands.

Stocks On The Move - March 28

2007-03-28T22:14:00.000-07:00

Stocks Rise on Heavy Volumn:

Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company jumped 28.85% to $3.93 per share as Jim Cramer is bullish on the stock. The stock was the second leading gainer on AMEX today with 30.7 million shares traded.
Dendreon Corp.(DNDN): shares of Seattle, WA based biotechnology company gained 13% to $5.22 per share as the company is seeking its cancer drug approval. The stock was the eighth leading gainer and eighth heaviest traded on Nasdaq today with 33.37 million shares traded.

Stocks Drop on Heavy Volumn:

AngioDynamics Inc. (ANGO): shares of Queensbury, NY based vascular disease diagnostics devices maker plunged 20.71% to $17.92 per share on patent infringement with Diomed Holdings. The stock was the leading decliner on Nasdaq today with 5.3 million shares traded.
Beazer Homes USA Inc. (BZH): shares of Atlanta, GA based residential home builder tumbled 8.4% to $28.77 per share on FBI investigation for possible fraud. The stock was the biggest loser on NYSE today with 19.6 million shares exchanged hands.

Stocks On The Move - March 26

2007-03-26T22:49:00.001-07:00

Stocks Rise on Heavy Volumn:

Alexza Pharmaceuticals Inc. (ALXA): shares of Palo Alto, CA based drug maker jumped 52.4% to $15.21 per share after the company reported positive test results for its migraine drug. The stock was the winner on Nasdaq on Friday with 9.97 million shares traded.
Biosite Incorporated (BSTE): shares of San Diego, CA based medical diagnostic company soared 51.32% to $83.8 per share after Beckman Coulter Inc. is buying the company for $1.55 billion or $85 per share. The stock was the second leading gainer on Nasdaq today with 7.23 million share traded.

Stocks Drop on Heavy Volumn:

CV Therapeutics, Inc. (CVTX): shares of Palo Alto, CA based biotechnology company plunged 21.24% to $6.75 per share after the company reported weak trial results for Ranexa, an angina treatment. The stock was the biggest loser on Nasdaq today on heavy volumn of 14.38 million shares traded.
Progressive Gaming International Corp. (PGIC): shares of Las Vegas based casino equipment supplier tumbled 14.81% to $4.2 per share due to stock trading irregularities. The stock was the fourth leading decliner on Nasdaq today with 7.37 million shares traded.

Stocks On The Move - March 23

2007-03-25T20:28:00.001-07:00

Stocks Rise on Heavy Volumn:

Paxar Corp. (PXR): shares of barcode lable printer maker jumped almost 19% to new 52 weeks high of $28.55 per share after Avery Dennison Corp. is buying the company for $1.3 billion. The stock was the winner on NYSE on Friday with 5 million shares traded.
Kronos, Inc.(KRON): shares of employee management software provider surged 14% to new 52 weeks high of $53.11 per share after Hellman & Friedman LLC is taking Kronos private for $1.74 billion or $55 per share. The stock was the nineth leading gainer on Nasdaq today with 6.78 million share traded.

Stocks Drop on Heavy Volumn:

Vonage Holdings Corporation (VG): shares of New Jersey based voice over IP based telephone service provider plunged 25.93% to $3 per share on injunction against the copmany for using Verizon's patents. The stock end up being the biggest loser on NYSE today on heavy volumn of 9.88 million shares.
Jabil Circuit Inc. (JBL): shares of St Petersburg, Florida based electronic manufacturing services provider tumbled 10.71% to $22.26 on downgrade after the company warned weakness in earnings for third and fourth quarter. The stock was the third leading decliner on NYSE today with 17.18 million shares traded.

Stocks On The Move - March 22

2007-03-22T22:18:00.001-07:00

Stocks Rise on Heavy Volumn:

Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company soared 24% to $1.91 per share. The stock has been on a comeback since reaching 52 weeks low of $1.19 in mid March. The stock was second leading gainer on NYSE today with 5.66 million shares traded.

Stocks On The Move - March 19

2007-03-19T22:51:00.000-07:00

Stocks Rise on Heavy Volumn:

Acadia Pharmaceuticals Inc. (ACAD): the biggest winner on the stock market today is the San Diego based Parkinson disease drug maker Acadia Pharmaceuticals. The stock went doubled to $13.61 per share on positive result from the Phase II trial of its schizophrenia drug. The stock is now back to almost its 52 previous 52 weeks high back in April of last year.
TODCO (THE): mergers have been the headlines of the today's market including the acquisition of Houston based oil drilling company Todco by Hercules Offshore. The merger is worth $42.01 per share, about 28% higher than the stock's close on Friday. The stock ended today with 19.71% gaing to $39.24 per share, still $3 away from the merger price but is good enough to be the second leading gainer on NSYE today.

Stocks Drop on Heavy Volumn:

Atherogenics Inc. (AGIX): the failed late stage clinical trial devastated the Alpharetta based drug maker as investors punished the stock with 60% loss to $3.09 per share, the lowest of the year. The stock end up being the biggest loser on Nasdaq today on heavy volumn of 21 million shares.
Peoplesupport Inc. (PSPT): shares of Los Angeles based staffing service provider plunged 19.57% to $11.26 lost contract with Vongage. The stock was the third leading decliner on Nasdaq today with 11 million shares traded.

Stocks On The Move - March 17

2007-03-17T22:33:00.001-07:00

Stocks Rise on Heavy Volumn:

Hollis-Eden Pharmaceuticals Inc. (HEPH): shares of San Diego, CA based biotechnology company soared 29.48% to $3.25 per share after the company reported reduced net loss for the fourth-quarter. The stock was the third leading gainer on Nasdaq today with 17.4 million shares traded.
Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company soared 28.24% to $1.68 per share after New Yrok Community Bankcrop is buying 11 branches from Doral. The stock was biggest winner on NYSE today with 6.79 million shares traded.

Stocks Drop on Heavy Volumn:

Adams Respiratory Therapeutics Inc. (ARXT): shares of respiratory disordres drug maker plunged 25.09% to $28.22 per share on revenue warning due to lower-thhan-expected orders. The stock was the fourth leading decliner Nasdaq today with 10.92 million shares traded.

Stocks On The Move - March 15

2007-03-15T23:10:00.001-07:00

Stocks Rise on Heavy Volumn:

Accredited Home Lenders Holding Co. (LEND): bargain hunters are all over the subprime mortgage sector as many stocks in this sector are up at least 20%. One of the best perfomer is San Diego based Accredited Home Lenders Holding with shares soaring 56.13% to $9.43 per share, the second straight day that the stock rose more than 50%. Yesterday shares soared 52.14%. the stock has gained as much as 200% since it hit 52 weeks low on Tuesday. The stock was the leading gainer and the second heaviest traded on Nasdaq today with 76 million shares traded.
Mapinfo Corp. (MAPS): shares of Troy, NY based mapping software maker skyrocketted 51.4% to $20 per share as Pitney Bowes is buying the copmany for $408 million or $20.25 per share. The stock was the second leading gainer on Nasdaq today with 6.77 million shares traded.
WebEx Communicatiosn Inc. (WEBX): shares of Santa Clara, CA based web collaboration services provider surged 22% to $56.38 per share as Cisco is buying the company for $3.2 billion or or $57 per share. The stock was the fifth leading gainer and the twelveth heaviest traded on Nasdaq today with 21.56 million shares exchanged hands.
Novastar Financial Inc. (NFI): the Kansas City based subprime mortage lender Novastar Financial has gained over 20% for the second straight day with another 23.21% gain to $5.15 per share. The stock was the second leading gainer on NYSE today with 13.9 million shares traded, twice as much volumn as yesterday.

Stocks On The Move - March 14

2007-03-14T20:14:00.001-07:00

Stocks Rise on Heavy Volumn:

Accredited Home Lenders Holding Co. (LEND): the subprime mortgage sector is finally seeing some light as the sell-off looks like is finally over with many stocks in the sector rising today. One of the huge winner is San Diego based Accredited Home Lenders Holding with shares soaring 52.14% to $6.04 per share. However the stock price is still only 20% of the price early this year. The stock was the third leading gainer and the seventh heaviest traded on Nasdaq today with 40.3 million shares traded.
Novastar Financial Inc. (NFI): another winner in the hard beaten subprime mortgage sector is Kansas City based Novastar Financial with shares surging 21.87% to $4.18 per share. However it is still very far from the December price of $30 per share which was before the subprime mortgage sector crash. The stock was the fourth leading gainer on NYSE today with 7.38 million shares traded.

Stocks Drop on Heavy Volumn:

Doral Financial Corp.(DRL): shares of San Juan, Puerto Rico based financial service company plunged 20.92% to new 52 weeks low of $1.19 per share. The stock has been on a multi year long decline which began in January of 2005 when the stock was tarding around $50 per share. The stock was the biggest loser on NYSE today with 5.98 million shares traded.
AudioCodes Ltd. (AUDC): shares of Israel based network communication technologies company sank 22% to $7.44 per share after the company cut its first quarter outlook due to slow intake of order. The stock was the third leading decliner on Nasdaq today with 4.29 million shares traded.

Stocks On The Move - March 13

2007-03-13T20:38:00.001-07:00

Stocks Rise on Heavy Volumn:

WCI Communities Inc. (WCI): shares of single family and high rise home builder jumped 14.92% to $21.8 per share as billion dolloar investor Carl Icahn plans to buy the company for $22 per share. 14% gain may not be huge yet on a weak market it's still good enough to earn the stock the top spot among the best performers of the day on NYSE.
Spirit Finance Corp. (SFC): despite subprime woe which drives the market down, the Arizona based real estate investment trust is actually on the rise, gaining 11.19% to $14.51 per share after Macquarie Bank is buying the company for $1.6 billion or $14.5 per share. The stock was the third leading gainer on NYSE today with 14 million shares traded.

Stocks Drop on Heavy Volumn:

Accredited Home Lenders Holding Co. (LEND): the subprime mortgage sector has been devastated with New Century Financial, which has been delisted from NYSE today, causing Domino Effect to other company. Another subprime lender taking the hit today is Accredited Home Lenders which after dropping 27.76% yesterday was hit with cash flow warning today and cause the meltdown to the stock. Shares plummetted 65.18% to new 52 weeks low of $3.97 per share and the stock becomes the biggest loser and the seventh heaviest traded on Nasdaq today with 42 million shares exchanged hands.
Fieldstone Investment Corp. (FICC): another subprime mortgage lender in trouble is Fieldstone Investment Corp. with shares tumbled 20.93% to $2.72 per share as investors doubt that the $5.53 acquisition by C-BASS may not fall thru. The stock was the fourth leading decliner on Nasdaq today with 5.4 million shares traded.

Stocks On The Move - March 12

2007-03-12T23:37:00.001-07:00

Stocks Rise on Heavy Volumn:

La Jolla Pharmaceutical Co. (LJPC): shares of San Diego, CA based biotechnology company soared for the second straight day with another 39.29% jump to $7.7 per share following yesterday's positive results from late stage study of Riquent which treats autoimmune disorder lupus. The stock was still the second best performer on Nasdaq today with 7.07 million shares traded.
Dollar General Corp. (DG): shares of general merchandise discount retailer surged 25.57% to $21.07 per share after a New York private equity firm is buying the retailer for $7.3 billion or $22 per share. The stock was the biggest winner and the heaviest traded on NSYE today with 67 million shares traded.
Sierra Health Services Inc. (SIE): shares of Las Vegas based health care plans provider gained 15.79% to $41.57 per share after UnitedHealth agreed to acquire the company for $2.6 billion. The stock was the second leading gainer on NYSE today with 8.55 million shares traded.

Stocks Drop on Heavy Volumn:

Accredited Home Lenders Holding Co. (LEND): shares of San Diego, CA based subprime mortgage provider plunged 27.76% to $11.4 per share on possible bankruptcy from rival New Century Financial Corp as lenders stopped providing financial support. The stock was the biggest loser on Nasdaq today with 11.49 million shares traded.
Novastar Financial Inc. (NFI): the Kansas City subprime mortgage provider is another victim of the New Century Financial woe as shares tumbled 19% to $4.24 per share. The stock was the third leading decliner on NYSE today with 6.4 million shares traded.

Stocks On The Move - March 9

2007-03-10T23:10:00.000-08:00

Stocks Rise on Heavy Volumn:

La Jolla Pharmaceutical Co. (LJPC): shares of San Diego, CA based biotechnology company jumped 43% to $5.91 per share on positive results from late stage study of Riquent which treats autoimmune disorder lupus. The stock was the best performer on Nasdaq today with 5.58 million shares traded.
Jones Soda Co. (JSDA): shares of Seattle, WA based beverage maker soared 22.8% to $17.13 per share after the company reported huge profit boost and also new retailers who would carry its pop beverage. The stock was the third leading gainer on Nasdaq today with 7 million shares traded.
Big Lots Inc. (BIG): shares of closeout merchandise retailer Seattle, WA based beverage maker surged 16.53% to $28.84 per share on strong fourth-quarter results and bullish first-quarter guidance. The stock was the winner on NYSE today with 12.8 million shares traded.

Stocks Drop on Heavy Volumn:

PeopleSupport Inc. (PSPT): shares of LOs Angeles, CA based business process outsourcing services provider plummetted 39.28% to $13.65 per share on disappointing fourth-quarter result and weak outlook for the first quarter. The stock was the worst performer on Nasdaq today with 15.24 million shares traded.
New Century Financial Corp. (NEW): the troubling subprime lender for the week only enjoy two days of sweet ride and has been har hit again for the second straight day with another 17% drop to new 52 weeks low of $3.21 per share after the company in the previous session announced that it has stopped accepting all new loan applications due to difficulties in getting financing. The stock was the leading decliner and the fifth heaviest traded on NYSE today with 34.12 million shares traded.

Stocks On The Move - March 8

2007-03-08T22:01:00.000-08:00

Stocks Rise on Heavy Volumn:

Mamma.com Inc. (MAMA): shares of Montreal, Canada based web search technology company surged 19.33% to $5.37 per share on strong earning report for the fourth quarter as the company swung with profit. The stock was the fifth leading gainer on Nasdaq today with 19.55 million shares exchanged hands, also the fourteen heaviest traded on Nasdaq.

Stocks Drop on Heavy Volumn:

Hollis-Eden Pharmaceuticals Inc. (HEPH): shares of San Diego, CA based biotechnology company sank 32.24% to 52 weeks low of $2.9 per share on analyst downgrade following rejection of the company's radiation sickness drug. The stock was the biggest loser on Nasdaq today with 6.77 million shares traded.
New Century Financial Corp. (NEW): after two straight days of recovery shares of subprime lender New Century Financial plunged to new 52 weeks low of $3.87 per share after the company has stopped accepting all new loan applications due to difficulties in getting financing. The stock was the leading decliner and the second heaviest traded on NYSE today with 51.18 million shares traded.

Stocks On The Move - March 7

2007-03-07T20:02:00.001-08:00

Stocks Rise on Heavy Volumn:

Impac Mortage Holdings Inc. (IMH): shares of Newport Beach, CA based mortgage firm bounced back for the second straight day with 18% gain to $5.75 per share. The stock in two days has gained over 40% and is the fifth leading gainer on NYSE today with 7.6 million shares traded.
Fremont General Corporation (FMT): the Santa Monica, CA based mortgage loan operator is rebound for the straight day by surging 25.81% to $8.53 per share as investors are hoping its subprime unit could be sold. The stock overall has rebounded 44% in just two days. The stock was the biggest winner on NYSE today with 16.7 million shares traded.

Stocks Drop on Heavy Volumn:

Insmed Inc. (INSM): the litigation settlement with Tercica crush the Glen Allen, VA based metabolic diseases drug maker as the company is laying off a third of the work force. The disaster also spreads to the stock price as shares plummetted 42.58% to 89 cents per share. The stock was the biggest loser and the eighth heaviest traded on Nasdaq today with 30 million shares traded.
CV Therapeutics Inc. (CVTX): shares of Palo Alto, CA based biopharmaceutical company plunged 23.58% to $9.4 per share on disappointing result from late stage study on its angina drug. The stock was the second leading decliner on Nasdaq today with 22 million shares traded.

Stocks On The Move - March 6

2007-03-06T22:50:00.001-08:00

Stocks Rise on Heavy Volumn:

Impac Mortage Holdings Inc. (IMH): shares of Newport Beach, CA based mortgage firm bounced back 20% to $4.87 per share after a month of heavy sell-off which send the stock from $8 to $4 yesterday, a 50% drop. The stock is the fourth leading gainer on NYSE today with 6.2 million shares traded.
Fremont General Corporation (FMT): the Santa Monica, CA based mortgage loan operator is also enjoying the rebound from the mortgage company as shares gained 15.11% to $6.78 per share. However since January the stock has lost more than 50%. The stock was the sixth leading gainer on NYSE today with 10.5 million shares traded.

Stocks Drop on Heavy Volumn:

InterMune Inc. (ITMN): shares of Brisbane, California based biotechnology company plunged 21.03% to $22.15 per share after the company halts trials for lung treatment drug. The stock was the biggest loser on Nasdaq today with 7.42 million shares traded.

Stocks On The Move - March 5

2007-03-05T23:35:00.000-08:00

Stocks Rise on Heavy Volumn:

Aeroflex Inc. (ARXX): shares of Plainview, NY based motion control systems for aerospace and defense applications surged 18.62% to $13.06 per share after the company was bought by private equipty funds for $1 billion or $13.5 per share. The stock was the second biggest winner on Nasdaq today with 11.14 million shares traded.
Pathmark Stores Inc. (PTMK): shares of New Jersey based supermarket chains operator rose 10.76% to $12.46 per share after rival A&P is buying the company for $679 million or about $13 per share. The stock was the eighth leading gainer on Nasdaq today with 7.28 million shares traded.

Stock Drop on Heavy Volumn

New Century Financial Corp. (NEW): shares of Irvine, CA based real estate investment trust company plummetted almost 70% to new 52 weeks low of $4.56 per share after the company said that a criminal probe was underway into trading of its securities. The stock was the biggest loser and the heaviest traded on NYSE today with 59.7 million shares traded.
Novastar Financial Inc. (NFI): shares of Kansas City mortgage continue the slide which began at the beginnig of this year with another 40% plunge to another record low of $4.28 per share on weakness in subprime lender as well as analyst downgrade from Hold to Sell. The stock was the fifth leading decliner on NYSE today with 14.75 million shares traded.

Stocks On The Move - March 2

2007-03-03T18:29:00.001-08:00

Stocks Rise on Heavy Volumn:

Dendrite International Inc. (DRTE): shares of Bedminster, NJ based pharmaceutical software maker surged 21.42% to $15.53 per share after the Cegedim is buying the company for $751 million or $16 per share. The stock was the second biggest winner on Nasdaq today with 17.36 million shares traded.
Insmed Inc. (INSM): shares of Glen Allen, VA based drug maker for metabolic diseases surged 13.87% to $1.56 per share despite no major news announcement. The stock last week has been very active as the trading price range from $1.2 to as high as $1.6. The stock was the fourth leading gainer on Nasdaq today with 7.34 million shares traded.
Immersion Corp. (IMMR): shares of San Jose, CA based simulation systems maker jumped 17.29% to $8.48 per share after the company settle patent litigation with Sony Corp. The stock was the third leading gianer on Nasdaq today with 9.72 million shares traded.

Stocks On The Move - March 1

2007-03-01T20:41:00.001-08:00

Stocks Rise on Heavy Volumn

STATS ChipPAC Ltd. (STTS): shares of Singapore based semiconductor testing company soared 22.75% to $11.87 per share as investment firm Temasek Holding is bidding the company for $2.43 billion or $11.46 per share. The stock was the fifth leading gainer on Nasdaq today with 6.66 million shares traded.
Hyperion Solutions Corp. (HYSL): shares of Santa Clara, CA based business performance management software maker surged 20.38% to $51.57 per share after Oralce is buying the company for $3.3 billion or $52 per share. The stock was the seventh leading gainer on Nasdaq today with 24.2 million shares traded.

Stock Drop on Heavy Volumn

Constellation Brands Inc. (STZ): shares of Fairport, NY, based alcohol beverage producer sank 14.49% to $20.06 per share on profit and revenue warning for 2008. The stock was the second leading decliner on NYSE today with 13.5 million shares traded.
Laboratory Corp. of America Holdings (LH): shares of Burlington, North Carolina based testing services provider for medical industry tumbled 11.94% to $70.17 per share after the company lost major contract with health insurer Aetna. The stock was the fourth leading decliner on NYSE today with 9.5 million shares traded.

Stocks On The Move - February 28

2007-02-28T21:15:00.000-08:00

Stocks Rise on Heavy Volumn

New Plan Excel Realty Trust Inc. (NXL): shares of New York based real estate investment trust operator surged 13.8% to new 52 weeks high of $33.39 per share after the company is bought by Australia-based Centro Properties Group for $33.15 per share. The stock was the fourth leading gainer on NYSE today with 14.1 million shares traded.
Steel Technologies Inc. (STTX): shares of Louisville, Kentucky based flat-rolled steel processor and converter jumped 60% to $29.32 per share after the company agreed to be bought by Mitsui & Co. for $396 million or $30 per share. The stock was the leading gainer on Nasdaq today with 4.1 million shares traded.

Stock Drop on Heavy Volumn

Fremont General Corporation (FMT): shares of Santa Monica, CA based mortgage loan operator plunged 24.38% to new 52 weeks low of $8.81 per share after the company announced that it will delay financial results report for fourth quarter. The stock was the biggest loser on NYSE today with 9.9 million shares traded.
Joy Global Inc. (JOYG): shares of the Milwaukee, WI based mining equipment manufacturer tumbled 11.9% to $44.34 per share on dissappointing first quarter results below Wall Street's estimates. The stock was the seventh leading decliner on Nasdaq today with 13 million shares traded.

Stocks On The Move - February 27

2007-02-27T21:34:00.001-08:00

Stocks Rise on Heavy Volumn

RadioShack Corp. (RSH): a lot of stocks are in the red today as both Dow and Nasdaq plummetted more than 3%, the largest since 9/11. However for the shareholders of RadioShack it's actually a day to cheer about as the stock surged 11.94% to $52 weeks high of $25.13 per share on strong fourth quarter profit due to lower costs despite revenue decline. The postive news also push the volumn up four times above average shares to 13 million shares. The stock is no doubt the best stock on NYSE today.
The Great Atlantic & Pacific Tea Co. Inc. (GAP): another rare winner today is the New Jersey based supermarkets operator. Shares rose 7.45% as the company is planning to buy rival Pathmark Store Inc. for $652.5 million or $12.5 per share. Shares of Pathmark on the other hand lost 10 cents to $11.95. The stock was the second leading gainer on NYSE today.

Stock Drop on Heavy Volumn

Threshold Pharmaceuticals Inc. (THLD): most investors are in shock of the 3% drop in the indices and for the investors of the Redwood City, California based Cancer drug maker Threshold Pharmaceuticals it's even more shocking as the stock plunged 57.54% to near 52 weeks low of $1.52 per share due to disappointing Phase III clinical trial result of its cancer drug. The stock was the biggest loser on Nasdaq today with 7.15 million shares traded.
Shuffle Master Inc. (SHFL): shares of Las Vegas, Nevada based card shuffler maker tumbled 14.52% to $21.02 per share on first quarter earnings warnings. The company is expected to report revenue between $35 to $38 million while analysts are expecting $49.6 million. The stock was the fourteenth leading decliner on Nasdaq today.

Stocks On The Move - February 26

2007-02-26T19:25:00.001-08:00

Stocks Rise on Heavy Volumn:

TXU Corp.(TXU): shares of Dallas, TX based electricity utility company operator surged 13.18% to $67.93 per share after Kohlberg Kravis Roberts & Co. and Texas Pacific is taking the company rpivate for $45 billion or $69.25 per share. The stock was the third best performer on NYSE with 48 million shares traded, the second heaviest traded.
Temple-Inland Inc.(TIN): shares of Austin, Texas corrugated packaging and forest products company jumped 12.85% to $62.01 per share after Carl Icahn had advocated the company to break up into three seperate companies. The stock was the fourth leading gainer on NYSE today with 11.33 million shares traded.

Stock Drop on Heavy Volumn:

Force Protection Inc.(FRPT): shares of Ladson, SC based mine and blast protected vehicles maker plunged 14.53% to $17 per share after rival Oshkosh Truck Corp. signed $30.6 million contract with Marine Corps. The stock was the biggest loser on Nasdaq today with 4.8 million shares traded.
Clair's Stores Inc. (CLE): shares of teenagers clothing retailer tumbled 7.01% to $32.52 per share so far as the company is having trouble finding a buyer. The stock was the fifth leading decliner on NYSE today with 6.08 million shares traded.

Stocks On The Move - February 23

2007-02-24T17:01:00.000-08:00

Stocks Rise on Heavy Volumn:

Neopharm Inc.(NEOL): shares of Lake Forest, IL based cancer drug maker soared 29.21% to $2.3 per share, the first major rally after the stock plunged from $7 to $2 last December due to failed late stage testing for its clotting drug. The stock was the best performer on Nasdaq with 4.57 million shares traded.
Verigy, Ltd.(VRGY): shares of Singapore based semiconductor testing company surged 23.57% to $23.33 per share after the company reported first quarter result which beat Wall Street estimates and also issued strong second quarter forecast. The stock was the fifth leading gainer on Nasdaq today with 6 million shares traded.

Stock Drop on Heavy Volumn:

BEA Systems Inc.(BEAS): shares of San Jose, CA based enterprise application infrastructure software maker tumbled 9.47% or $11.95 per share despite posting 15% revenue growth for the fourth quarter. However due to internal review of stock-option practices the company will not yet report its full earnings for the quarter or fiscal year. The stock was the eighth leading decliner and the fifth heaviest traded on Nasdaq today with 58.69 million shares traded.
Novastar Financial Inc. (NFI): so far shares of Kansas City mortgage provider haven't found the bottom as this marked the third staright day of loss with another 9.21% to new 52 weeks low of $8.48. The stock so far lost 50% in just three days amid broad shakeout of subprime lenders. The stock was the third leading decliner on NYSE today with 10.84 million shares traded.

Stocks On The Move - February 22

2007-02-22T19:28:00.001-08:00

Stocks Rise on Heavy Volumn:

Wild Oats markets Inc. (OATS): shares of Boulder, CO based natural food supermarket chain jumped 17.11% today after Whole Foods Markets is buying the company for $565 million or $18.5 per share. The stokc was the third leading gainer on Nasdaq today with 12 million shares traded.
Whole Foods Market Inc. (WFMI): the other company benefits from the buyout is Austin, TX based Whole Foods Markets which saw shares surged 14.03% to $52.11 per share. The stock, also listed in Nasdaq is the seventh leading gainer and the seventh heaviest traded.

Stocks Drop on Heavy Volumn:

Novastar Financial Inc. (NFI): shares of Kansas City mortgage provider dropped for the second straight session with another 7.52% loss to 52 weeks low of $9.34 per share. Yesterday the company announced that it may not generate any taxable income from 2007 to 2011. The stock was again the leading decliner on NYSE today with 10.1 million shares traded.

Stock On The Move - February 21

2007-02-21T22:30:00.001-08:00

Stocks Rise on Heavy Volumn:

Jupitermedia Corp. (JUPM): shares Darien, Connecticut based web graphics provider surged 25.56% to $10.07 per share on possible buyout by Getty Image. The buyout price is at $11 per share. The stock was the second leading gainer on Nasdaq today with 5.1 million shares traded.
Hecla Mining Co.(HL): shares of Coeur Dalene, Idoho based silver, gold, lead and zinc mining company rose 11.4% to 52 weeks high of $8.11 per share after the mining company posted fourth-quarter profit on higher gold prices. The stock was the second leading gainer on NYSE today with 6.59 million shares traded.

Stocks Drop on Heavy Volumn:

Pharmacyclics(PCYC): shares of Sunnyvale, CA based cancer drug maker plunged 36.71% to $3.19 per share as FDA would not accept marketing application for the company's cancer treatment drug. The stock was the biggest loser on Nasdaq today with 9.35 million shares traded.
Novastar Financial Inc. (NFI): shares of Kansas City mortgage provider plummetted 42.48% to 52 weeks low of $10.1 per share after the company announced that it may not generate any taxable income from 2007 to 2011. The stock was the leading decliner and the nineth heaviest traded on NYSE today with 22.6 million shares traded.

Stocks On The Move - February 20

2007-02-20T21:27:00.001-08:00

Stocks Rise on Heavy Volumn:

Florida Rock Industries Inc. (FRK): shares of Jacksonville, Florida based construction materials company soared 41.7% to $66.54 per share after Vulcan Materials is buying the company for $4.6 billion. The stock was the biggest winner on NYSE today with 9.75 million shares traded.
Insmed Inc. (INSM): shares of Glen Allen, VA based drug maker for metabolic diseases jumped 29.66% to $1.53 per share despite no major news announcement. The stock has gained 50% in just two days as last Thursday the stock was still trading at $1.01 per share. The stock was the third leading gainer on Nasdaq today with 12.02 million shares traded.
Empire Resorts Inc. (NYNY): shares of horse racing track operator surged 26.3% to $12.63 per share after the company received approval from governor of New York for proposed casino to be built in Sullivan County. The stock was the fifth leading gainer on Nasdaq today with 6.6 million shares traded.

Stocks Drop on Heavy Volumn:

BioMarin Pharmaceutical Inc. (BMRN): shares of Novato, CA based biopharmaceutical company tumbled 11.98% to $18 per share after the company's hypertension drug shows disappointing study results. The stock was the second leading decliner on Nasdaq with 11.86 million shares traded.
Baker Hughes Inc. (BHI): shares of Houston based oil and natural gas drilling equipment provider tumbled 9.38% to $65.19 per share on disappointing fourth quarter report. The stock was the leading decliner on NYSE today with 23.53 million shares traded.

Stocks On The Move - February 16

2007-02-16T22:07:00.001-08:00

Stocks Rise on Heavy Volumn:

Fieldstone Investment Corp. (FICC): shares of Columbia, MD based REIT company skyrocketted 91.54% to $4.98 per share after MGIC Investment and Radian Group are buying the company for $260 million or $5.53 per share. The stock was the biggest winner on Nasdaq today with 16.98 million shares traded.
Domtar Inc. (DTC): shares of Montreal, Canada based paper manufacturer rose 11.39% to $9.19 per share after Weyerhaeuser Co. is selling its fine paper unit to the company. The stock was the second leading gainer on NYSE today with 12.52 million shares traded.

Stocks On The Move - February 15

2007-02-15T21:25:00.000-08:00

Stocks Rise on Heavy Volumn:

NutriSystem Inc. (NTRI): shares of Horsham, PA based weight loss program provider surged 13.47% to $49.79 per share after company's board of directors approves $200 million stock buyback program. The stock was the eleventh leading gainer on Nasdaq today with 12.02 million shares traded.
CytRx Corp. (CYTR): shares of Los Angeles, CA based biopharmaceutical research company surged 14% to $3.99 per share on heavy volumn with no news announement. The stock this year has gained 100% in just two months. The stock was the tenth leading gainer on Nasdaq today with 5.6 million shares traded.

Stocks Drop on Heavy Volumn:

RealNetworks Inc. (RNWK): the Seattle, WA based digital media software maker of the popular RealPlayer today announced disappointing sales outlook and ignites downgrades from series of analysts. Shares sank 15.93% to $8.97 per share, the third worst on Nasdaq with heavy volumn of 18 million shares traded.
Baker Hughes Inc. (BHI): shares of Houston based oil and natural gas drilling equipment provider tumbled 9.38% to $65.19 per share on disappointing fourth quarter report. The stock was the leading decliner on NYSE today with 23.53 million shares traded.

Stocks On The Move - February 14

2007-02-14T22:04:00.000-08:00

Stocks Rise on Heavy Volumn:

Corillian Corp. (CORI): shares of online banking service platform provider soared 44.93% to new 52 weeks high of $5 per share after CheckFree is buying the company for $245 million or $5.15 per share. The stock was the biggest winner and twelveth heaviest traded on NYSE today with 25.5 million shares traded.
Deere & Co. (DE): shares of agricultural equipment manufacturer surged 9% to $111.91 per share after the company posted bigger than expected profit for the first quarter. The stock was the sixth leading gainer on NYSE today with 9.6 million shares traded.

Stocks Drop on Heavy Volumn:

Daktronics Inc. (DAKT): shares of Brookings, South Dakota based scoreboard maker plunged 21% to $30.09 per share as its fourth-quarter profit and revenue forecast are below Wall Street estimates. The stock was the biggest loser on Nasdaq today with 11.32 million shares traded.
Carters Inc. (CRI): shares of Atlanta based baby and young children's clothing maker tumbled 16.7% to $21.05 per share on falling fourth quarter profit and reduced 2007 earnings forecast. The stock was the leading decliner on NYSE today with 6.17 million shares traded.

Stocks On The Move - February 13

2007-02-13T22:49:00.000-08:00

Stocks Rise on Heavy Volumn:

Ceridian Corporation (CEN): shares of Minneapolis based information services company rose 8.63% to $33.37 per share on bullish earnings and sales forecast for 2007. The stock was the third leading gainer on NYSE today with 7.58 million shares traded.
New Century Financial Corp. (NEW): shares of Irvine, CA based real estate investment trust company gained 8.02% to $18.59 per share on analyst upgrade saying the company still has enough cash to operate. The stock was the sixth leading gainer on NYSE today with 10.65 million shares traded.

Stocks Drop on Heavy Volumn:

The Knot Inc. (KNOT): shares of New York based online wedding service company plunged 19.75% to $24.13 per share after the company reported dissappointing fourth-quarter result below Wall Street's estimate. The stock was the second leading decliner on Nasdaq today with 4.8 million shares traded.

Stocks On The Move - February 12

2007-02-12T21:51:00.001-08:00

Stocks Rise on Heavy Volumn:

Onyx Pharmaceuticals Inc. (ONXX): shares of Emeryville, CA based biopharmaceutical company developing therapies for kidney cancer skyrocketted 96.98% to $24.15 per share on successful trial result of its cancer drug Nexavar. The stock was the biggest winner and the second heaviest traded on Nasdaq today with 55.89 million shares traded.
Adeza biomedical Corp. (ADZA): shares of Sunnyvale, CA based infertility-related test product maker soared 53.12% to new 52 weeks high of $23.78 per share after Cytyc Cop. is buying the company for $452 million or $24 per share. The stock was the second leading gainer on Nasdaq today with 5.9 million shares traded.

Stocks Drop on Heavy Volumn:

Beacon Power Corp. (BCON): shares of Wilmington, MA based electricity grid operation products and services provider plunged 20.99% to 95.6 cents per share after the company received commitments for $10.6 million of new investment. The stock was the second leading decliner on Nasdaq today with 10.8 million shares traded or 16 times average volumn.
Administaff Inc. (ASF): shares of Kingwood, Texas based staffing services provider tumbled 21.89% to $33.65 per share after the company reduced its growth forecast for 2007. The stock was the biggest loser NYSE today with 5.14 million shares exchanged hands.

Stocks On The Move - February 9

2007-02-10T09:30:00.000-08:00

Stocks Rise on Heavy Volumn:

Crystallex International Corp. (KRY): shares of Toronto, Canada based gold mining company surged 11.74% to $3.33 per share on rising gold price. The stock was the second leading gainer on AMEX today with 7.69 million shares traded.
Laidlaw International Inc.(LI): shares of Naperville, IL based Greyhound operator rose 9.02% to $34.58 per share as FirstGroup is buying the company for $2.8 billion. The stock was the third leading gainer on NYSE today with 23.43 million shares traded.

Stocks Drop on Heavy Volumn:

Silicon Image, Inc. (SIMG): shares of Sunnyvale, CA based semiconductor company plunged 24.08% to $9.24 per share on weak sales forecast for the first quarter. The stock was the second leading decliner on Nasdaq today with 17.2 million shares traded.
Momenta Pharmaceuticals Inc. (MNTA): shares of Cambridge, MA based biotechnology company plunged 20.02% to $16.1 per share on patent case loss. The stock was the third biggest winner on Nasdaq today with 6.97 million shares exchanged hands.

Stocks On The Move - Feburary 8

2007-02-08T18:28:00.000-08:00

Stocks Rising On Heavy Volumn:

Nxstage Medical Inc. (NXTM): shares of Lawrence, MA based medical equipment maker for treatment of kidney failure skyrocketted 42.35% to $12.1 per share as DaVita Inc. bought 7% stake in Nxstage for $20 million or $10 per share. The stock was the second leading gainer on Nasdaq today with 7.93 million shares traded.
Spectralink Corp. (SLNK): shares of Boulder, CO based wireless telephone systems maker soared 32.35% to $11.66 per share after Polycom Inc is buying the company for $220 million or $11.75 per share. The stock was the third leading gainer on Nasdaq today with 6.92 million shares traded.

Stocks Dropping On Heavy Volumn:

New Century Financial Corp. (NEW): shares of Irvine, CA based real estate investment trust company plunged 36.21% to $19.24 per share after the company annouced weakness for fourth quarter as well as accounting errors. The stock was the leading decliner on NYSE today with 15.2 million shares traded.
Syntax-Brillian Corporation (BRLC): shares of Tempe, Arizona based high-definition televisions (HDTV) maker plunged 14.73% to $7.99 per share on weak guidance for the year. The stock was the fifth leading gainer on Nasdaq today with 11.3 million shares traded.