Biggest NASDAQ Gainers were PALM, CHLN, ASBC : by Penny Stock Pick Alert
Palm, Inc, China Housing, Associated Banc were the biggest NASDAQ Gainers as reported by Penny Stock Pick Alert.
(EMAILWIRE.COM, November 12, 2009 ) Dallas, TX - Palm, Inc. (NASDAQ:PALM) climbed up over 9.19% to close at $12 on a volume of 17.60 million shares. The stock hit an intraday high and an intraday low of $12.07 and $11.28 respectively. In the last six months the stock went up over 5%. Palm, Inc. is a provider of mobile products for individual users and business customers worldwide. Palm’s products for consumers, mobile professionals and businesses include Palm Pre, Treo and Centro smartphones, as well as software, services and accessories.
China Housing & Land Development, Inc. (NASDAQ:CHLN) soared 25.80% to end the day at $4.73 on over 6.27 million shares after the company today announced its unaudited financial results for the third quarter ended September 30, 2009. Net income for the third quarter of 2009 increased 779% to $12.7 million, or $0.41 per basic share and $0.24 per diluted share, compared to $1.4 million, or $0.05 per basic share and $0.04 per diluted share, in the third quarter of 2008 and net loss of ($10.0 million), or ($0.32) per diluted share, in the second quarter of 2009. Adjusted net income excluding a $5.7 million non-cash gain associated with the revaluation of derivatives and warrants, was $7.2 million, or $0.06 per diluted share.
Associated Banc-Corp (NASDAQ:ASBC) jumped 3.76% to $11.30. The stock hit an intraday high and an intraday low of $11.70 and $11.09 respectively. In the last six months the stock went down over 36%. Associated Banc-Corp is a bank holding company. During the year ended December 31, 2008, the Company owned one nationally chartered commercial bank, serving local communities within its three-state footprint.
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Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
China Housing & Land Development, Inc. (NASDAQ:CHLN) soared 25.80% to end the day at $4.73 on over 6.27 million shares after the company today announced its unaudited financial results for the third quarter ended September 30, 2009. Net income for the third quarter of 2009 increased 779% to $12.7 million, or $0.41 per basic share and $0.24 per diluted share, compared to $1.4 million, or $0.05 per basic share and $0.04 per diluted share, in the third quarter of 2008 and net loss of ($10.0 million), or ($0.32) per diluted share, in the second quarter of 2009. Adjusted net income excluding a $5.7 million non-cash gain associated with the revaluation of derivatives and warrants, was $7.2 million, or $0.06 per diluted share.
Associated Banc-Corp (NASDAQ:ASBC) jumped 3.76% to $11.30. The stock hit an intraday high and an intraday low of $11.70 and $11.09 respectively. In the last six months the stock went down over 36%. Associated Banc-Corp is a bank holding company. During the year ended December 31, 2008, the Company owned one nationally chartered commercial bank, serving local communities within its three-state footprint.
ABOUT http://www.PennyStockPickalert.com
Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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