General - Friday, November 6, 2009 21:50 - 0 Comments

Unusual Stock Activity For Friday November 6

Companies: Gold / NEM / ATVI / ALTH / AMZN / AIG / ASEI / BEBE

Prices listed below are as of approximately 2pm ET, please check further for real time quotes and do not base your buy,hold or sell decision purely on this information.

Gold producers rallied as bullion futures rose to a record over $1,100 an ounce on speculation low U.S. interest rates will further erode the value of the dollar.

Newmont Mining Corp. (NEM), the only gold producer in the Standard & Poor’s 500 Index, climbed 3.9 percent to $49.11, the highest since June 1. Royal Gold Inc. (RGLD), which manages royalties on precious metals mines, increased 5 percent to $49.77. Barrick Gold Corp. advanced 2.5 percent to $41.74.

Activision Blizzard Inc. (ATVI) added 3.9 percent to $11.29 and increased 5.2 percent earlier, the most intraday since Aug. 6. The world’s largest video-game company reported third-quarter profit of $15 million, or 1 cent a share, on sales of “Guitar Hero” and “World of Warcraft.” Sales of “Call of Duty: Modern Warfare 2″ could surpass the top films of 2009, Chief Executive Officer Bobby Kotick said.

Allos Therapeutics Inc. (ALTH) climbed 5.2 percent to $6.20 after rising as much as 6.8 percent, the most intraday since Oct. 6. The cancer drug developer was picked by CNBC’s “Mad Money” television show host Jim Cramer as a “speculative buy” on the company’s Folotyn drug.

Amazon.com Inc. (AMZN) rose 4.5 percent to a record $126.07. The largest Internet retailer was upgraded to “outperform” from “market perform” at Sanford C. Bernstein & Co. Jeffrey Lindsay, the analyst, raised 2009 and 2010 earnings estimates, and increased his price forecast to $160 from $125.

American International Group Inc. (AIG) slid 9.5 percent to $35.55. The insurer bailed out by the U.S. said third-quarter sales fell at its property-casualty and life insurance divisions.

American Science and Engineering Inc. (ASEI) gained 5.2 percent to $73.98 and advanced earlier to $75.63, the highest intraday price since Feb. 18. The maker of bomb-detecting equipment for security inspections reported second-quarter adjusted earnings of $1.18 a share, beating the average estimate of analysts surveyed by Bloomberg by 36 percent.

Bebe Stores Inc. (BEBE) dropped 8.3 percent to $5.99 and sank earlier to $5.76, the lowest intraday price since July 13. The clothing retailer reported a first-quarter adjusted loss of 4 cents a share, wider than the average analyst estimate of a loss of 2 cents.

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