Stocks on the Move: August 27, 2009

Strategic Insights -

PicksThatMove, a leading stock website that provides free daily alerts on stocks that are moving up, highlighted several companies on August 27, 2009, that showed significant price movements. Among them were Alliant Techsystems (ATK), Fluor Corporation (FLR), Nokia (NOK), Emulex Corporation (ELX), Geokinetics Inc. (GOK), and Juhl Wind Inc. (JUHL).

ATK, a leading aerospace and defense company, signed a strategic agreement with Rheinmetall Nitrochemie for the transfer of advanced propellant technologies. This agreement positions ATK as the exclusive North American provider of advanced propellants, enhancing performance, safety, and survivability across a wide range of temperatures. ATK's stock traded at $79.15 on a volume of 284,977 shares.

Fluor Corporation, a global engineering and construction company, completed the multi-billion-dollar Olefins II Project in Kuwait. This project exceeded 42 million safe work hours, a remarkable achievement that highlights Fluor's commitment to safety and excellence. Fluor's stock traded at $53.34 on a volume of 1.30M shares.

Nokia, a leading mobile telecommunications company, marked the next phase in the evolution of Maemo software with the launch of the Nokia N900. This device combines computer-grade performance with the convenience of a handheld, offering a revolutionary user experience. Nokia's stock traded at $13.44 on a volume of 13.55M shares.

Emulex Corporation, a leading provider of converged networking solutions, announced a design win for flexible 10Gb/s Ethernet network connectivity in IBM BladeCenter HS22 blade servers. This marks Emulex's first announced 10Gb/s Ethernet NIC design win based on its industry-leading OneConnect UCNA technology. Emulex's stock traded at $9.09 on a volume of 575,316 shares.

Geokinetics Inc., a leading global provider of seismic data acquisition and high-end seismic data processing services, announced its participation in the Simmons & Company International 2009 European Energy Conference. The company's president and CEO, Richard F. Miles, will participate in a seismic perspectives panel on September 2, 2009. Geokinetics' stock traded at $17.50 on a volume of 40,703 shares.

Juhl Wind Inc., a leading community wind power developer, announced a $1 million next-gen turbine license and distributorship with SureEnergy of Ohio. This agreement covers Indiana, Michigan, and Ohio territories and positions Juhl as a strong player in the community wind power market. Juhl Wind's stock traded at $2.10 on a volume of 17,927 shares.

Key Takeaways:

  • ATK signed a strategic agreement with Rheinmetall Nitrochemie for advanced propellant technologies, positioning itself as the exclusive North American provider.
  • Fluor Corporation completed the multi-billion-dollar Olefins II Project in Kuwait, exceeding 42 million safe work hours.
  • Nokia launched the Nokia N900, marking the next phase in the evolution of Maemo software with computer-grade performance in a handheld device.
  • Emulex Corporation announced a design win for flexible 10Gb/s Ethernet network connectivity in IBM BladeCenter HS22 blade servers.
  • Geokinetics Inc. participated in the Simmons & Company International 2009 European Energy Conference, highlighting its expertise in seismic data acquisition and processing services.
  • Juhl Wind Inc. announced a $1 million next-gen turbine license and distributorship with SureEnergy of Ohio, enhancing its presence in the community wind power market.

Statistics:

  • ATK traded at $79.15 on a volume of 284,977 shares.
  • Fluor Corporation traded at $53.34 on a volume of 1.30M shares.
  • Nokia traded at $13.44 on a volume of 13.55M shares.
  • Emulex Corporation traded at $9.09 on a volume of 575,316 shares.
  • Geokinetics Inc. traded at $17.50 on a volume of 40,703 shares.
  • Juhl Wind Inc. traded at $2.10 on a volume of 17,927 shares.

Sources:

  • M2 PressWIRE - 27 August 2009 - PicksThatMove: www.PicksThatMove.com: "Picks that move" Alerts, August 27, 2009: ATK, FLR, NOK, ELX, GOK and JUHL.
  • Alliant Techsystems (ATK) Press Release - August 27, 2009 - "ATK Signs Strategic Agreement with Rheinmetall Nitrochemie for Advanced Propellant Technologies".
  • Fluor Corporation (FLR) Press Release - August 27, 2009 - "Fluor Completes Olefins II Project in Kuwait".
  • Nokia (NOK) Press Release - August 27, 2009 - "Maemo 5 Injects Speed and Power Into Mobile Computing".
  • Emulex Corporation (ELX) Press Release - August 27, 2009 - "Emulex Announces IBM BladeCenter Virtual Fabric Design Win for Flexible 10Gb/s Ethernet Network Connectivity".
  • Geokinetics Inc. (GOK) Press Release - August 27, 2009 - "Geokinetics Announces Participation in Simmons & Company International 2009 European Energy Conference".
  • Juhl Wind Inc. (JUHL) Press Release - August 27, 2009 - "Juhl Wind Announces $1 Million NextGen Turbine License and Distributorship".