NASDAQ high volumes of the day: (YRCW, SIRI, BPOP, BRCD, LVLT)
August 2, 2010 by admin · Leave a Comment
YRC Worldwide Inc. (NASDAQ: YRCW) reported the gain of 1.54% to close at $0.39 whereas overall traded volume stood at 75.12 million shares. YRC Worldwide Inc. (YRC Worldwide) is a holding company. YRC Worldwide, through wholly owned operating subsidiaries offers its customers a range of transportation services. These services include global, national and regional transportation, as well as logistics. Its operating subsidiaries include YRC National Transportation, which is a reporting unit for the transportation service providers focused on business opportunities in the regional national and international markets; YRC Regional Transportation is the reporting unit for the transportation service providers focused on business opportunities in the regional markets; YRC Logistics plans and coordinates the movement of goods worldwide to provide customers a single source for logistics management solutions, and YRC Truckload (Truckload) reflects the results of Glen Moore, a provider of truckload services throughout the United States.
Sirius XM Radio Inc. (NASDAQ: SIRI) closed at $1.03 after moving up by 4.04% with total traded volume of 34.28 million shares in the last trading day. Sirius XM Radio Inc. has two principal wholly owned subsidiaries, XM Satellite Radio Holdings Inc. and Satellite CD Radio Inc. The Company is engaged in broadcasting its music, sports, news, talk, entertainment, traffic and weather channels in the United States for a subscription fee through its satellite radio systems, the SIRIUS system and the XM system. The SIRIUS system consists of four in-orbit satellites, approximately 125 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. The XM system consists of four in-orbit satellites, over 650 terrestrial repeaters that receive and retransmit signals, satellite uplink facilities and studios. Subscribers can also receive certain of its music and other channels over the Internet.
Popular, Inc. (NASDAQ: BPOP) plunged by 1.37% and closed at $2.87 whereas traded volume stood at 22.60 million shares for the day. Popular, Inc. is a diversified, publicly owned bank holding company. The Company operates in three markets: Puerto Rico, the United States mainland and providing processing and other technology services in Puerto Rico, Florida, Venezuela, the Dominican ReEl Salvador and Costa Rica. The Company’s offer in Puerto Rico a range of retail and commercial banking services through its principal bank subsidiary, Banco Popular de Puerto Rico (Banco Popular or the Bank). The Bank accounted for 67% of total consolidated assets of the Company at December 31, 2009. Banco Popular has retail franchise in Puerto Rico, with 173 branches and over 580 automated teller machines (ATM’s). The Bank also operates seven branches in the United States Virgin Islands, one branch in the British Virgin Islands and one branch in New York. Banco Popular’s deposits are insured under the Deposit Insurance Fund (DIF) of the Federal Deposit Insurance Corporation (the FDIC).
Brocade Communications Systems, Inc. (NASDAQ: BRCD) closed at $4.95 after decreasing by 0.20% with overall traded volume of 15.47 million shares in the last trading session. Brocade Communications Systems, Inc. (Brocade) is a supplier of data center networking solutions that help enterprises connect and manage their information. The Company offers a line of data center networking hardware, software products and services. The Company is organized in four operating units: The Data Center Infrastructure (DCI), The Server Edge and Storage (SES), The Services, Support and Solutions (S3) and The Files (Files). Brocade products and services are marketed, sold to end-user customers through distribution partners, including original equipment manufacturers (OEMs), distributors, systems integrators, value-added resellers (VARs) and by Brocade directly. On March 17, 2008, the Company completed its acquisition of Strategic Business Systems, Inc. In December 2008, Brocade announced that it has completed its acquisition of Foundry Networks, Inc.
Level 3 Communications, Inc. (NASDAQ: LVLT) jumped up by 1.80% to close at $1.13 whereas total traded volume stood at 8.15 million shares. Level 3 Communications, Inc. (Level 3) is engaged in the communications business. The Company is a facilities based provider of a range of integrated communications services. At December 31, 2009, Level 3’s network encompasses approximately 67,000 intercity route miles in North America, an intercity network covering approximately 12,000 miles across Europe, metropolitan fiber networks in approximately 125 markets containing approximately 27,000 route miles in the United States and Europe, approximately 145 markets in service in North American and approximately 45 markets in service in Europe, approximately 6.9 million square feet of Gateway and transmission facilities in North America and Europe, and substantial transoceanic cable system capacity, primarily across the Atlantic ocean.
source:pennystocklive

