Dallas,Tx 6/4/2010 10:48:15 PM
News / Business

Friday`s Top Stock Volume Movers (SAIC, Inc., Quiksilver, Inc., EPAY, Borders Group, Inc.)

Stock Volume Movers

 

SAIC, Inc. Gains after Earnings

Shares of SAIC, Inc. (NYSE:SAI) is trading 0.17% higher to $17.65. The company posted a higher quarterly profit as it awarded contracts in cyber security and logistics. For the fiscal first quarter ethe company earned $125 million, or 32 cents a diluted share, up 8 percent from $116 million, or 29 cents a share, a year earlier.

So far the stock fell more than 8% in the last three months of trading sessions. In the last 52-weeks of trading sessions, the stock has traded in the range of $16.65-$19.76.

 

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Quiksilver Soared on Robust Earnings

Quiksilver, Inc. (NYSE:ZQK) increased 10.15% to $5.10. Quiksilver Inc's second-quarter results topped market expectations, fueled by robust margins and a strong Asia Pacific business. The retailer posted net income of $9.4 million, or 7 cents a share for the quarter ended April 30, up from $2.8 million, or 2 cents a share, a year earlier.

Also the company expects third-quarter earnings to be down in the low-single digit range. So far the stock prices have shoot up more than 92% in the last three months of trading sessions.

 

Bottomline Technologies Plunged on Equity Offering Oricing

Bottomline Technologies (NASDAQ:EPAY) is one of the biggest loser and plunged 10.92% to $14.60. The company announced the pricing of an underwritten public offering of 4,200,000 shares of its common stock at a price of $14.50 per share.

Over the past 52-week the stock has traded in the range of $7.82-$19.85. The company has a market capitalization of $378.48 million.

 

Borders Group Slide over 3%

Borders Group, Inc. (NYSE:BGP) lost 3.59% to $1.61. The company said late Thursday that Chairman Bennett LeBow would become chief executive of the struggling retailer. Interim chief Mike Edwards was named president and chief executive of its namesake unit.

So far this year, the stock jumped more than 36%. In the past 52 weeks, the stock traded in the range of $0.85-$4.48.

 

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