Stocks with potential heavy volumes next week – LYV, VNO, GMR, KSU, EXH
by Matt Tindall in Business on Oct 30, 2011
Live Nation Entertainment, Inc. (NYSE: LYV) percentage change surged 2.72%, to close at $9.82 and its overall traded volume was 1.34M shares during the last session the stock had average daily volume of 1.32M shares. LYV opened at $9.56 and is trading within the range of $9.45-$9.88. The stock has a 52 week low of $7.14 and 52 week high of $12.44. The market capitalization of the company stands at $1.86B and it has 189.15M outstanding shares.
Live Nation Entertainment, Inc. (Live Nation) is a live entertainment company. The Company is a producer of live music concerts worldwide. The Company operates in five segments: Concerts, Ticketing, Artist Nation, eCommerce and Sponsorship. Live Nation owns, operates, has booking rights for and/or has an interest in 128 venues, including House of Blues music venues and locations, such as The Fillmore in San Francisco, the Hollywood Palladium, the Heineken Music Hall in Amsterdam and the O2 Dublin. Live Nation is also a live entertainment ticketing sales and marketing company. Ticketmaster provides ticket sales, ticket resale services, marketing and distribution globally through www. ticketmaster. com, retail outlets and worldwide call centers. Front Line Management Group, Inc. (Front Line) and their affiliates manage musical artists and acts primarily in rock, classic rock, pop and country music genres.
Vornado Realty Trust (NYSE: VNO) percentage change surged 0.53%, to close at $83.11 and its overall traded volume was 1.33M shares during the last session the stock had average daily volume of 2.01M shares. VNO shares were trading within the range of $81.76-$83.11 while its opening price was $82.58. The stock has a 52-week range of $68.39-$98.77. The market capitalization of the company stands at $15.33B and it has 184.43M outstanding shares. Vornado Realty Trust (Vornado) is an integrated real estate investment trust (REIT). Vornado conducts its business through, and substantially all of its interests in properties are held by, Vornado Realty L. P., a limited partnership (the Operating Partnership). As of December 31, 2010, the Company was the sole general partner of, and owned approximately 93.2% of the common limited partnership interest in the Operating Partnership. It operates through five business segments: New York Office Properties; Washington, DC Office Properties; Retail Properties; Merchandise Mart Properties, and Toys R Us (Toys). It also has a other segment. On October 8, 2010, it acquired 510 Fifth Avenue, a 59,000 square foot retail property located in New York. On October 15, 2010, it acquired the 55% interest of a 646,000 square foot retail property located in California. On October 20, 2010, it sold a 45% ownership interest in 1299 Pennsylvania Avenue. On January 12, 2011, it sold 1140 Connecticut Avenue.
General Maritime Corp (NYSE: GMR) fell -0.55%, to close at $0.270 and its overall traded volume was 1.33M shares during the last session against its average volume of 2.65M. GMR opened at $0.27 and is trading within the range of $0.27-$0.29. The stock has a 52-week range of $0.12-$4.46. The market capitalization of the company stands at $32.81M and it has 121.53M outstanding shares. General Maritime Corporation is a provider of international seaborne crude oil transportation services. The Company also provides transportation services for refined petroleum products. As of February 26, 2010, the Company’s fleet consists of 31 wholly owned vessels, including 11 Suezmax vessels, 12 Aframax vessels, two Panamax vessels and four Handymax vessels. These vessels have a total of 3.9 million deadweight (dwt) carrying capacity on a combined basis and all are double-hulled. Many of the vessels in its fleet are sister ships, which provide the Company with operational and scheduling flexibility, as well as economies of scale in their operation and maintenance. Its customers include international oil companies and vessel owners, such as Chevron Corporation, CITGO Petroleum Corp., ConocoPhillips, Exxon Mobil Corporation, Hess Corporation, Lukoil Oil Company, Stena AB and Sun International Ltd.
Kansas City Southern (NYSE: KSU) percentage change fell -0.44%, to close at $65.03 and its overall traded volume was 1.33M shares during the last session the stock had average daily volume of 1.38M shares. KSU opened at $65.01 and is trading within the range of $64.55-$65.64. The 52-week range of the stock is $43.39-$65.76. At current market price, the market capitalization of the company stands at $7.14B and it has 109.84M outstanding shares. Kansas City Southern (KCS) is a holding company with domestic and international rail operations in North America that are focused on the north/south freight corridor connecting commercial and industrial markets in the central United States with many industrial cities in Mexico. The Company is engaged primarily in the freight rail transportation business. It generates revenues by providing its customers with freight delivery services both within its regions, and throughout North America through connections with other Class I rail carriers. KCS’ customers conduct business in a number of different industries, including electric-generating utilities, chemical and petroleum products, paper and forest products, agriculture and mineral products, automotive products and intermodal transportation. On March 3, 2010, the Company acquired an intermodal facility in Mexico.
Exterran Holdings, Inc. (NYSE: EXH) soared 1.07%, to close at $10.40 and its overall traded volume was 1.33M shares during the last session with the total traded volume of 1.47M shares. EXH opened at $10.25 and is trading within the range of $10.18-$10.49. The 52-week range of the stock is $8.07-$27.00. EXH’s market capitalization is $664.94M and it has 63.94M outstanding shares. Exterran Holdings, Inc. (Exterran) is a natural gas compression services company. The Company is a provider of operations, maintenance, service and equipment for oil and natural gas production, processing and transportation applications. Its customers include companies engaged in all aspects of the oil and natural gas industry, including integrated oil and natural gas companies, national oil and natural gas companies, independent producers and natural gas processors, gatherers and pipelines. Exterran operates in three business lines: contract operations, fabrication and aftermarket services. In Exterran’s contract operations business line, it owns a fleet of natural gas compression equipment and crude oil and natural gas production and processing equipment that it utilizes to provide operations services to its customers. In its fabrication business line, it fabricates and sells equipment similar to the equipment that it owns and utilizes to provide contract operations to its customers.
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