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FTR, GLD, GEN, QID, SCHW – Hot Movers at NYSE

Thursday, January 13, 2011 @ 03:01 AM
posted by Mattew12

Frontier Communications Corp (NYSE:FTR) moved up 0.53%, to close at $9.43 and its overall traded volume was 10.91M shares during the last session, the stock had average daily volume of 10.04M shares. FTR opened at $9.39 and is trading within the range of $9.34-$9.47. The stock has a 52 week range of $6.96 – $9.84. At current market price, the market capitalization of the company stands at $9.37B and it has 993.87M outstanding shares.Frontier Communications Corporation (Frontier), formerly Citizens Communications Company, is a communications company providing services to rural areas and small and medium-sized towns and cities. It provides communications services to residential and business customers in its markets. It offers a variety of voice, data, Internet, and television services that are available as bundled or packaged solutions and for some products, a la carte. Its services include access services; local services; long distance services; data and Internet services; directory services; television services, and wireless services. In July 2010, Frontier Communications Corp acquired New Communications Holdings Inc., Verizon Communications Inc.’s local wireline operations in 14 states. The combined operations will provide voice, high-speed Internet, wireless Internet data access, satellite video, FiOS and other services to four million residential and business customers in 27 states.


SPDR Gold Trust (ETF) (NYSE:GLD) gained 0.41%, to close at $135.46 and its overall traded volume was 10.79M shares during the last session, the stock had average daily volume of 14.30M shares. GLD opened at $134.79 and is trading within the range of $134.35-$135.58. The stock has a 52 week low of $102.28 and 52 week high of $139.54. At current market price, the market capitalization of the company stands at $57.35B and it has 423.40M outstanding shares.SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion. The Trust holds gold, and from time to time, issues SPDR Gold Shares (Shares) in Baskets, in exchange for deposits of gold and distributes gold in connection with redemptions of Baskets. A Basket equals a block of 100,000 Shares. The sponsor of the Trust is World Gold Trust Services, LLC. BNY Mellon Asset Servicing, a division of The Bank of New York Mellon is the trustee of the Trust. HSBC Bank USA, N.A. serves as the custodian of the Trust’s gold.


RRI Energy, Inc. (NYSE:GEN) went up 2.23%, to close at $4.13 and its overall traded volume was 10.62M shares during the last session, the stock had average daily volume of 8.55M shares. GEN opened at $4.03 and is trading within the range of $4.00-$4.13. The stock has a 52 week low of $3.35 and 52 week high of $5.82. The market capitalization of the company stands at $1.46B and it has 353.44M outstanding shares.GenOn Energy, Inc. (GenOn), formerly RRI Energy, Inc., is a generator of wholesale electricity in the United States. It has a generation portfolio of approximately 24,600 megawatts. GenOn’s portfolio of power generation facilities includes baseload, intermediate and peaking units using coal, natural gas and oil to generate electricity. In December 2010, Mirant Corporation and RRI Energy, Inc. announced the completion of their merger to form GenOn Energy, Inc. The Company has 49 (owned, contracted or operated) generating stations. It has a capacity to generate 24,599 megawatts of electricity across the United States. The GenOn fleet includes a range of technology types, from pulverized coal units to the circulating fluidized bed (CFB) coal technology used in its Seward Station in Pennsylvania, a waste coal station. Gas technology ranges from combined-cycle units to combustion turbines and traditional steam units.


ProShares UltraShort QQQ (ETF) (NYSE:QID) percentage change fell -1.37%, to close at $10.77 and its overall traded volume was 10.58M shares during the last session, with the total traded volume of 9.48M shares. QID shares were trading within the range of $10.76-$10.91 while its opening price was $10.82. The stock has a 52 week low of $4.96 and 52 week high of $22.15. The market capitalization of the company stands at $642.16M and it has 59.62M outstanding shares.ProShares UltraShort QQQ (the Fund), formerly UltraShort QQQ ProShares, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index (the Index). The Index includes 100 of the largest non-financial domestic and international issues listed on the NASDAQ Stock Market. To be eligible for inclusion companies cannot be in bankruptcy proceedings and must meet certain additional criteria, including minimum trading volume and seasoning requirements. The Index is calculated under a modified capitalization-weighted methodology. The Fund takes positions in securities and/or financial instruments that, in combination, should have similar daily return characteristics as -200% of the daily return of the index. The Index is a price return index. The Fund’s investment advisor is ProShare Advisors LLC.


The Charles Schwab Corporation (NYSE:SCHW) percentage change grew 1.40%, to close at $18.16 and its overall traded volume was 10.56M shares during the last session, the stock had average daily volume of 9.34M shares. SCHW opened the day at $17.94, it made an intraday low of $17.90 and an intraday high of $18.16. The stock has a 52 week low of $12.64 and 52 week high of $19.95. SCHW’s market capitalization is $21.70B and it has 1.19B outstanding shares.The Charles Schwab Corporation (CSC) is a financial holding company. Through its subsidiaries, the Company engages in securities brokerage, banking and related financial services. As of December 31, 2009, CSC provided financial services to individuals and institutional clients through two segments: Investor Services and Institutional Services. As of December 31, 2009, the Company had $1.42 trillion in client assets, 7.7 million active brokerage accounts, 1.5 million corporate retirement plan participants and 722,000 banking accounts. The Investor Services segment includes the Company’s retail brokerage and banking operations. The Institutional Services segment provides custodial, trading, and support services to independent investment advisors (IAs), as well as retirement plan, equity compensation plan, and other financial services to corporations and their employees. In November 2010, the Company aquired Windward Investment Management, Inc.

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