Stock Analysis Recap: Here’s Why These Stocks Were Heavily Traded This Week
Here are the hottest stocks of the week from March 14th to March 18th.
1) Pfizer Inc. (NYSE:PFE): Shares were higher 1.75% to $19.81 per share today on 153 million shares trading hands. The company is exploring the strong possibility of a sale or spin off of divisions that may shrink the company’s revenue by almost half, according to Tim Anderson, an analyst with Sanford C. Bernstein & Co. Pfizer Inc. is a research-based, global pharmaceutical company that discovers, develops, manufactures, and markets medicines for humans and animals. The Company’s products include prescription pharmaceuticals, non-prescription self-medications, and animal health products such as anti-infective medicines and vaccines.
2) MEMC Electronic Materials, Inc. (NYSE:WFR): Shares were up 11.23% to $13.37 per share today on over 22.5 million shares trading hands. Solar equipment stocks received a big boost following the caution over nuclear energy arising from Japan. MEMC Electronic Materials, Inc. produces silicon wafers. The Company’s products are used in computers, telecommunications equipment, automobiles, consumer electronics products, industrial automation and control systems, and analytical and defense systems. MEMC operates manufacturing facilities in Italy, Japan, Malaysia, South Korea, Taiwan, and the United States.
3) Uranium Resources, Inc. (NASDAQ:URRE): Shares plummeted 24.73% to $1.75 per share today. The nuclear crisis surfacing in Japan pushed Uranium stocks down drastically today. Over 15 million shares traded hands. Uranium Resources, Inc. acquires, explores, develops, and mines uranium properties using the in situ leach mining process. The Company sells uranium to electric utilities under long-term contracts.
4) Exelon Corporation (NYSE:EXC): Shares rebounded from a sharper decline earlier in the day to end at $$42.89 per share. The company reported its plants are safe following the Japanese earthquake. Over 16 million shares traded hands. Exelon Corporation is a utility services holding company. The Company, through its subsidiaries distributes electricity to customers in Illinois and Pennsylvania. Exelon also distributes gas to customers in the Philadelphia area as well as operates nuclear power plants in states that include Pennsylvania and New Jersey.
5) Google Inc (NASDAQ:GOOG): Shares were lower 1.17% to $569.99 per share today. Google tablets are selling like hot cakes as an executive was just poached by Facebook today. Fears of a Facebook fight for Google market share sent the company’s stock south. Google Inc. is a global technology company that provides a web based search engine through its website. The Company offers a wide range of search options, including web, image, groups, directory, and news searches.
6) Qualcomm (NASDAQ:QCOM): Shares edged down .24% to $53.48 per share today. Macquarie research analyst Shawn Webster set a $58.40 price target on the stock, saying the stock trades below its historical average of 17-23 times earnings, at 19 times, but is above the S&P 500′s (NYSE:SPY) multiple. Over 18 million shares traded hands. QUALCOMM, Inc. develops and manufactures digital wireless communications equipment. The Company licenses its Code Division Multiple Access (CDMA) intellectual property to other companies, and produces CDMA-based integrated circuits; equipment and software used to track workers and assets; software for wireless content enablement; and offers services to deliver multimedia content.
7) Bank of America (NYSE:BAC): Shares closed lower 1.04% to $14.23 per share today. The banking giant sold $1.5 billion of five-year notes at 3.625%. More fears of the financial crisis were put to rest on the success of today’s bond auction. Bank of America Corporation accepts deposits and offers banking, investing, asset management, and other financial and risk-management products and services. The Company has a mortgage lending subsidiary, and an investment banking and securities brokerage subsidiary.
8) Gulfport Energy Corporation (NASDAQ:GPOR): Shares were higher 13.68% to $28.84 per share today. The energy company reported net income of $14.3 million, or $.32 cents per share, for the last three months of 2010. That compares with $9.1 million, or $.21 cents per share, in the same period in 2009. Over 2.5 million shares traded hands. Revenue grew 51% to $37.5 million from $24.89 million a year ago. Analysts had expected earnings of $.28 cents per share on revenue of $33.8 million. Gulfport Energy Corporation owns and operates oil and gas properties in the Louisiana Gulf Coast area of the United States.
9) SanDisk Corporation (NASDAQ:SNDK): Shares ended down .55% to $44.82 per share today. 11.9 million shares traded hands today. The stock was down because SanDisk also receives its “captive” wafer supply for its chips from Japan as well, and the majority of its packaging and assembly of chips. SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.
10) Global X Uranium ETF (NYSE:URA): Shares ended down over 17% to $15.73 per share. 2.94 million shares traded hands today. The collapse of a nuclear energy-driven future has rippled through the financial markets following Friday’s Tsunami. With oil prices rising, the focus continues to illuminate on the global energy debate. Today’s energy winners were away from Uranium and more positive for this sector.
1) Netflix, Inc.(NASDAQ:NFLX): Shares are higher 7.7% to $216.41 per share. Over 8 million shares have traded hands today. The AP reports analyst Ingrid Chung said Monday in a research note the percentage of U.S. consumers who stream television shows and movies is growing rapidly — to 27%t from 16% last year, according to a Goldman Sachs (NYSE:GS) Internet use survey. Netflix is well positioned. Goldman Sachs upgraded the stock today. She said the growth is due to a proliferation of devices like the iPad and iPad2 (NASDAQ:AAPL). Netflix Inc. is an online movie rental service. The Company ships DVDs with no due dates or late fees, directly to the subscriber’s address. Netflix also provides background information on DVD releases, including critic reviews, member reviews and ratings, and personalized movie recommendations.
2) Freeport-McMoRan Copper & Gold Inc. (NYSE:FCX): Shares are up 4.37% to $51.05 per share today. Over 25 million shares have traded hands today. The company’s shares are bouncing higher off key technical support levels. Japanese fears has rippled through the commodities markets, however, this Phoenix, Arizona-based company is far from fear factor. Investors are feeling much more comfortable with FCX shares today. Freeport-McMoRan Copper & Gold Inc., through its subsidiary, is a copper, gold and molybdenum mining company. The Company primarily mines for copper and owns mining interests in Chile and Indonesia. Freeport-McMoRan Copper & Gold also, through a subsidiary, is involved in smelting and refining of copper concentrates.
3) General Electric Company (NYSE:GE): Shares are down 1.86% to $19.55 per share today. Almost 100 million shares have traded hands. CEO Jeff Immelt took his first bonus since 2007. Also, the company designed all six reactors at the Japanese plant where radiation fear is higher than ever. General Electric Company is a diversified technology, media and financial services company. The Company offers products and services ranging from aircraft engines, power generation, and water processing technology to medical imaging, business and consumer financing, media content and industrial products. General Electric conducts operations globally.
4) Apple Inc (NASDAQ:AAPL): Shares are down 1.93% to $346.60 per share. 20 million shares have traded hands today. Apple had planned to start selling the iPad 2 in Japan on March 25th, but is now delaying the launch to focus on disaster relief efforts. Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
5) VeriFone Systems, Inc. (NYSE:PAY): Shares are up 6.95% to $51.24 per share. Over 4.30 million shares have traded hands today. When you think of the future of mobile payment systems and the ability to purchase at cahs registers with your phone, look no further than VeriFone. Google (NASDAQ:GOOG) will pay for installation of thousands of special cash-register systems from Verifone as they launch the process. VeriFone Systems, Inc. is a global provider of technology that enables electronic payment transactions and value-added services at the point of sale. The Company’s customers include financial institutions, payment processors, petroleum companies, large retailers, government organizations and healthcare companies, as well as independent sales organizations.
6) Carrizo Oil & Gas, Inc. (NASDAQ:CRZO): Shares are down over 10% to $30.66 per share today. Over 2.75 million shares have traded hands. The company reported a fourth-quarter net loss of $24.3 million, or $.69 cents a share, compared with a loss of $68.5 million, or $2.20 a share, last year. Quarterly revenue fell 5% to $36 million, below the $52.4 million that analysts expected on average. Carrizo Oil & Gas, Inc. explores for and produces natural gas and crude oil. The Company develops and exploits onshore properties along the Texas and Louisiana Gulf Coast regions.
7) First Majestic Silver Corp. Ordinary Shares (NYSE:AG): Shares are down over 9% to $14.90 per share today. Over 1 million shares have traded hands. Silver is getting spanked today. First Majestic is one of the largest price percentage decliners today. First Majestic Silver Corp. is a silver producing mining company. The Company’s presently owns and operates producing silver mines in Mexico; the La Parrilla Silver Mine, the San Martin Silver Mine and the La Encantada Silver Mine.
8) SunPower Corporation (NASDAQ:SPWRA): Shares are up over 10% to $16.06 per share today. Almost 9 million shares have traded hands. The company does not expect any change in its 2011 output of solar modules because of the destructive earthquake in Japan. SunPower Corporation is an integrated solar products and services company that designs, manufactures and markets high-performance solar electric power technologies.
9) Micron Technology, Inc. (NASDAQ:MU): The stock is up 1% to $10.44 per share on 45 million shares trading hands today. Shares are rebounding following the major fears of the Japanese tsunami impact on the chip sector the past two trading sessions. Micron Technology, Inc., through its subsidiaries, manufactures and markets dynamic random access memory chips (DRAMs), very fast static random access memory chips (SRAMs), Flash Memory, other semiconductor components, and memory modules.
10) BHP Billiton Limited (NYSE:BHP): Shares are down over 2% to $87.18 per share. Over 3.5 million shares have traded hands today. The company is still seeing a sell-off following the Japanese earthquake. BHP supplies supply iron ore for Japan’s steelmakers. Prices are expected to remain volatile until more clarity is shed on the situation. The headquarters are positioned in Australia and the company is feeling the impact of the disaster. BHP Billiton Limited is an international resources company. The Company’s principal business lines are mineral exploration and production, including coal, iron ore, gold, titanium, ferroalloys, nickel and copper concentrate, as well as petroleum exploration, production, and refining.
1) International Business Machines Corp. (NYSE:IBM):Shares are down over 5% to $153.33 per share. Almost 10 million shares have traded hands. IBM has beat earnings 13 quarters in a row and the pressure is mounting for the company to continue the hot streak. Wall Street analysts happen to think the stock has had quite a run and is due for a cooling. Today, Sanford Bernstein cut their rating on IBM shares, yet raised their price target from $170 to $173. International Business Machines Corporation (NYSE:IBM) provides computer solutions through the use of advanced information technology. The Company’s solutions include technologies, systems, products, services, software, and financing. IBM offers its products through its global sales and distribution organization, as well as through a variety of third party distributors and resellers.
2) HSBC Holdings plc (NYSE:HBC): Shares are down 3.78% to $49.93 per share. Over 8 million shares have traded hands today. HSBC closed four branches in Bahrain due to civil unrest and clashing protests. HSBC Holdings plc is the holding company for the HSBC Group. The Company provides a variety of international banking and financial services, including retail and corporate banking, trade, trusteeship, securities, custody, capital markets, treasury, private and investment banking, and insurance. The Group operates worldwide.
3) Apple Inc (NASDAQ:AAPL): Shares are down 3.97% to $331.66 per share. Over 35 million shares have traded hands today relative to a daily average of 19 million shares. Apple received an analyst downgrade this morning out of JMP securities. Apple had to delay the launch of the iPad 2 in Japan, a huge market for tablet sales, due to the disaster relief efforts for the post-Tsunami disaster. Since the iPad 2 launched in the U.S., retail stores are wiped out of supply and consumers are on waiting lists at Apple retail stores and Best Buys (NYSE:BBY). We’ve heard the next available date for consumers to receive the iPad 2 is April 14th. Apple Inc. designs, manufactures, and markets personal computers and related personal computing and mobile communication devices along with a variety of related software, services, peripherals, and networking solutions. The Company sells its products worldwide through its online stores, its retail stores, its direct sales force, third-party wholesalers, and resellers.
4) Peabody Energy Corporation (NYSE:BTU): Shares are up 3.96% to $67.77 per share today. Almost 14 million shares have traded hands today. Peabody is another investor pleaser today following the Japanese nuclear disaster and the positive focus on natural gas and coal today. Peabody Energy Corporation mines and markets predominantly low sulfur coal, primarily for use by electric utilities. The Company also trades coal and emission allowances. Peabody owns and operates mines in Arizona, Colorado, New Mexico and Wyoming, Illinois, Indiana, and Australia. The Company also a minority interest in a Venezuelan mine through a joint venture.
5) Youku.com Inc (NYSE:YOKU): Shares are up 2.2% to $45.43 per share today. Over 2.2 million shares have traded hands today. The You-Tube like video sharing service is a stock moving up on a day when the market is into heavy negative territory. Youku.com Inc. is an Internet television company. The Company’s Internet television platform enables consumers to search, view and share video content quickly and easily across multiple devices in the People’s Republic of China.
6) Superior Industries (NYSE:SUP): Shares are up over 13% to $21.69 per share today. Over 600,000 shares have traded today. The company’s net income was $22.3 million, or $.82 cents a share, compared with a net loss of $3.9 million, or $.15 cents a share, a year ago. Net sales rose 32% to $191 million. Thomson Reuters analyst estimates were expecting a profit of 34% a share on revenue of $172.6 million. Superior Industries International, Inc. designs and manufactures motor vehicle parts and accessories. The Company’s products are sold to original equipment manufacturers and the automotive aftermarket on an integrated one-segment basis. Superior’s products include vehicle aluminum road wheels, as well as custom road wheels and accessories.
7) Rambus Inc. (NASDAQ:RMBS): Shares are up 4.58% to $19.54 per share today. Over 1.8 million shares have traded hands today. Rambus renewed a patent license agreement with Toshiba. Toshiba will pay royalties to Rambus. Rambus Inc. designs, develops, licenses, and markets high-speed chip-to-chip interface technology to enhance the performance and cost-effectiveness of consumer electronics, computer systems, and other electronic systems. The Company licenses semiconductor companies to manufacture and sell memory and logic ICs incorporating Rambus interface technology.
8) Universal Display Corporation (NASDAQ:PANL): Shares are up 19.83% to $45.75 per share today. Over 2.8 million shares have traded hands. The company reported a net loss lost $5.3 million, or $.14 cents per share, relative to a loss of $3.8 million, or $.10 cents per share, a year ago. Revenue increased to $10.8 million from $4.8 million because of a rise in commercial and developmental chemical sales. Universal Display Corporation is a member of the United States Display Consortium. The consortium is a cooperative industry/government effort aimed at developing an infrastructure to support a North American flat panel display infrastructure. The Company and its partners are developing high-resolution, full color, light weight Organic Light Emitting Diode (OLED) technology.
9) Online Resources Corporation (NASDAQ:ORCC): Shares are down over 37% to $3.80 per share. Over 4.48 million shares have traded hands. The company opted not to be acquired or merge with other businesses in their sector. Oppenheimer downgraded the stock and cut its fair value down from $8 to $4 per share. Online Resources Corporation, an application service provider, offers Internet banking, bill payment services, and electronic finance services to financial institutions. The Company’s electronic financial services include its Quotien Internet banking product, bill payment, customer care, and other Web-based financial services.
10) Vera Bradley, Inc. (NASDAQ:VRA): Shares are up 14.52% to $38.48 per share. Over 1.57 million shares have traded hands today. The company issued net income of $14.2 million, or $.35 cents a share, realative to net income of $17.3 million, or $.49 cents a share, in the comparable quarter a year earlier. Revenue increased 29% to $109.4 million, from $85.1 million. Vera Bradley, Inc. designs, produces and retails fashion accessories for women. The Company markets handbags, accessories and travel and leisure items through its chain of retail stores and independent retailers.
1) Nike (NYSE:NKE): Shares are down 5.6% to $80.59 per share after-hours. Over 3.2 million shares traded shares today. Nike just released its quarterly earnings report. The company earned $523 million, or $1.08 per share, compared to $497 million, or $1.01 per share, in the same quarter last year. Its revenue rose 7% to $5.08 billion. Higher manufacturing and shipping costs hit the company’s bottom line. NIKE, Inc. designs, develops, and markets athletic footwear, apparel, equipment, and accessory products for men, women, and children. The Company sells its products worldwide to retail stores, through its own stores, subsidiaries, and distributors.
2) FedEx Corporation (NYSE:FDX): Shares ended up over 3% to $87.89 per share today. 6.61 million shares traded hands today. Here’s why shares of FedEx exploded higher. FedEx Corp. delivers packages and freight to multiple countries and territories through an integrated global network. The Company provides worldwide express delivery, ground small-parcel delivery, less-than-truckload freight delivery, supply chain management services, customs brokerage services, and trade facilitation and electronic commerce solutions.
3) Exxon Mobil Corporation (NYSE:XOM): Shares closed up 2.33% to $81.16 per share today. The company closed the day above a market cap of $400 billion, the only publicly traded company to yield such a market cap. Exxon Mobil Corporation operates petroleum and petrochemicals businesses on a worldwide basis. The Company’s operations include exploration and production of oil and gas, electric power generation, and coal and minerals operations. Exxon Mobil also manufactures and markets fuels, lubricants, and chemicals.
4) Amazon.com, Inc. (NASDAQ:AMZN): Shares ended up 2.26% today to $160.97 per share. 6.47 million shares traded hands today. According to Barron’s, retailers like Wal-mart (NYSE:WMT) are pushing for the government to force Amazon to collect sales tax. Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.
5) Lululemon Athletica inc. (NASDAQ:LULU): Shares ended down 3.76% to $76.37 per share today. 7.88 million shares traded hands today. The company’s net income jumped to $54.8 million, or $.76 cents per share, from $28.5 million, or $.40 cents per share, in the prior year period. Revenue rose 53% to $245.4 million from $160.6 million. Both numbers beat analyst estimates. Lululemon Athletica Inc designs and retails athletic clothing. The Company produces fitness pants, shorts, tops and jackets for yoga, dance, running, and general fitness.
6) Sanmina-SCI Corporation (NASDAQ:SANM): Shares closed down 20.52% to $10.65 per share today. 5.11 million shares traded hands. The company reduced its Q2 outlook and the COO suddenly resigned. The company now forecast it would generate net profit of 28-32 cents a share, on revenue of $1.56-$1.6 billion. The previous forecast was for earnings of $.40-$.43 cents a share on revenue of $1.62-$1.67 billion. Sanmina-SCI Corporation provides electronics contract manufacturing services to customers located around the world. The Company offers its customers expertise in new product introduction, manufacturing, and design and fabrication of complex interconnect products. Sanmina-SCI specializes in circuit fabrication, system assembly, integration, and high-end enclosures and cabling.
7) Guess?, Inc. (NYSE:GES): Shares closed down 14.04% to $37.71 per share. 9.64 million shares traded hands today. The company said that it expects first-quarter earnings of between $.41 cents and $.44 cents per share on revenue in a range of $555 million to $570 million. The consensus analyst estimate was for $.62 cents per share on $596 million in revenue. Guess?, Inc. designs, markets, distributes, and licenses a collection of casual apparel, accessories, and related consumer products. The Company’s apparel for men, women, and girls are marketed under branded names. Guess? provides full collections of denim and cotton clothing and has granted licenses to manufacture complementary products.
8) Flotek Industries, Inc. (NYSE:FTK): Shares ended higher 30.36% to $6.87 per share. 6.17 million shares traded hands today. The company reported an annual loss of $50 million, of $1.94 per unit, compared to a loss of $52 million, or $2.68 per share for 2009. Flotek Industries, Inc. manufactures and markets downhole equipment and specialty chemicals. The Company also engineers, designs, and constructs equipment for cementing and stimulation. Flotek serves major and independent companies in the international oilfield service industry.
9) Golar LNG Limited (NASDAQ:GLNG): Shares closed higher 9.71% at $23.96 per share today. 2.84 million shares traded hands today. Investors cheered on this natural gas company as nuclear energy fears continue to grow. Golar LNG Ltd is a shipping company. The Company owns and operates a fleet of LNG (liquid natural gas) tankers, and several of the vessels are under long term charter contracts. The Company has also entered in to an agreement to build additional LNG tankers. Golar transports around the world.
10) Aflac Incorporated (NYSE:AFL): Shares ended the day lower .43% to $50.45 per share. Over 9 million shares traded hands today. The company’s shares were higher in the morning on news of improved analyst grades on the stock, yet shares faded as the day continued. Aflac, Inc. is a general business holding company. The Company, through its subsidiaries, provides supplemental insurance to individuals in the United States and Japan. Aflac’s products include accident/disability plans, cancer expense plans, short-term disability plans, sickness and hospital indemnity plans, hospital intensive care plans, and fixed-benefit dental plans.
1) JPMorgan Chase & Co. (NYSE:JPM): Shares are up 2.42% to $45.63 per share today. Over 58.50 million shares have traded hands today relative to the average 33 million shares traded daily. The company increased its quarterly dividend to $.25 cents a share from $.05 cents, payable starting April 30. JPM also authorized new $15 billion stock repurchase plan, with up to $8 billion approved for this year. J.P. Morgan bought about $3 billion of its own shares last year.JPMorgan Chase & Co. provides global financial services and retail banking. The Company provides services such as investment banking, treasury and securities services, asset management, private banking, card member services, commercial banking, and home finance. JP Morgan Chase serves business enterprises, institutions, and individuals.
2) SunTrust Banks, Inc. (NYSE:STI): Shares are up 4.88% to $29.63 per share today. Over 14 million shares have traded hands compared to the daily average of 5.25 million shares. The company announced a $1 billion stock offering, which the bank will use to repay $4.85 billion in TARP securities. SunTrust’s repayment is still the largest amount owed to the government bailout plan. SunTrust Banks, Inc. is a super-regional bank holding company. The Company’s subsidiary banks operate in Florida, Georgia, Maryland, North Carolina, South Carolina, Tennessee, Virginia, and the District of Columbia. SunTrust provides a wide range of financial services such as credit cards, mortgage banking, insurance, brokerage and capital markets services.
3) Amazon.com, Inc. (NASDAQ:AMZN): Shares are up .4% to $161.60 per share today. 5.75 million shares have traded hands so far. Struggling states are hounding Amazon.com about collecting sales taxes in the near future. The stock rose above its weekly low of $160.76 per share. Amazon.com, Inc. is an online retailer that offers a wide range of products. The Company’s products include books, music, videotapes, computers, electronics, home and garden, and numerous other products. Amazon offers personalized shopping services, Web-based credit card payment, and direct shipping to customers.
4) LDK Solar Co., Ltd. (NYSE:LDK): Shares are down 8.8% to $11.39 per share today. Over 16 million shares have traded hands. Even as insiders are selling shares, the company reported net income was $145.2 million, or $1.09 per share, beating estimates of $.92 cents per share, relative to a net loss of $24.3 million, or a loss of $.22 cents per share a year ago. Also, revenue more than tripled to $920.9 million from $304.6 million in the same period a year ago. Analysts expected revenue of $877.12 million. LDK Solar Company, Ltd. manufactures multicrystalline solar wafers. The Company sells multicrystalline wafers globally to manufacturers of photovoltaic products including solar cells and solar modules. Solar wafers are the principal raw material used to produce solar cells which convert sunlight into electricity.
5) Lorillard Inc. (NYSE:LO): Shares are up 9.39% to $86.07 per shares. Over 13 million shares have traded hands today relative to the 2.52 million daily trading average. According to briefing.com, the FDA concluded that the removal of menthol cigarettes from the marketplace would benefit public health in the U.S., despite the fact that they found there was no difference in disease risk between smokers of menthol cigarettes and smokers of non-menthol cigarettes. The FDA did acknowledge that the potential for an illegal market in menthol cigarettes exists and therefore noted that should FDA choose to take some policy action that restricts the availability of menthol cigarettes, that the FDA consult with the appropriate experts and carry out relevant analysis in this area.Lorillard, Inc. manufactures and sells cigarettes. The Company produces cigarettes for both the premium and discount segments of the domestic cigarette market for sale to distributors and retailers in the United States.
6) Ciena Corporation (NASDAQ:CIEN): Shares are down 6.63% to $23.10 per share. 9.5 million shares have traded hands today. Optical networking stocks continue to get slaughtered this week. Maybe next week will bring upon the rebound value buyers the market is awaiting for the sector. Ciena Corporation develops and markets communications network platforms and software, and offers professional services. The Company’s broadband access, data and optical networking platforms, software tools, and global network services support worldwide telecom and cable/MSO services providers, and enterprise and government networks.
7) Vodafone Group Plc (NASDAQ:VOD): Shares are up .29% to $27.73 per share today. Almost 8 million shares have traded hands today. A released report today showed Vodafone was a big winner in India as mobile phone users keep their phone numbers when they switch carriers. India is the second biggest mobile phone market in the world. Vodafone Group Plc provides a range of mobile telecommunications services, including voice and data communications. Vodafone has equity interests in 28 countries and Partner Networks in a further 7 countries with almost all the Group’s mobile subsidiaries operating principally under the brand name Vodafone. In the United States their associated undertaking operates as Verizon Wireless.
8) Sirius XM Radio Inc. (NASDAQ:SIRI): Shares are down 1.45% to $1.70 per share today. Over 64 million shares have traded hands so far. Sirius updated their iPod, iPhone, and iPad(NASDAQ:AAPL) Internet Radio Apps. Sirius XM Radio Inc. broadcasts various channels of audio from its satellites. The Company provides its services throughout the continental United States for a monthly subscription fee. Sirius delivers various streams of commercial-free music in every genre, as well as streams of news, sports, weather, talk, comedy, and public radio.
9) Hatteras Financial Corp. (NYSE:HTS): Shares are down over 4% to $28.26 per share today. Over 8 million shares traded hands today. Hatteras Financial priced a public offering of 14.5 million shares at a price of $28.50 per share. Hatteras Financial Corporation is a mortgage real estate investment trust. The trust acquires adjustable-rate and hybrid adjustable-rate residential mortgage pass-through securities issued or guaranteed by U.S. Government agencies or U.S. Government-sponsored entities.
10) Harris Corporation (NYSE:HRS): Shares are up 2.56% to $46.41 per share. Over 1.45 million shares have traded hands today. The company announced its earnings per share for the upcoming fiscal year will range from $5.10 to $5.20. The average estimate among analysts surveyed by FactSet had been $5.03 per share. Harris executives forecast fiscal 2012 revenue of $6.4 billion to $6.6 billion. THarris Corporation is an international communications equipment company focused on product, system, and service solutions. The Company provides a range of mission critical communications products, systems and services for global markets, including defense communications and electronics, government communications, broadcast communications and wireless transmission network solutions.