Sunday, February 6, 2011

3 Soaring Stocks

Las Vegas Sands Corp. ( NYSE: LVS ) shares are down in today's trading after
the company announced its fourth-quarter financial results. Shares of Las Vegas
Sands after the casino operator operated weaker than forecast fourth-quarter
revenue. The company reported fourth-quarter revenue of $2.02 billion, while
analysts were expecting revenue of $2.07 billon. Las Vegas Sands, however,
reported better than expected fourth-quarter profit. At last check, Las Vegas
Sands shares were down 6.72% to $46.90, with volume up from daily average of
24.98 million to 26.67 million. Las Vegas Sands shares have a 52-week range of
$14.88-$55.47. In the last one year, the stock gained 205.2%. Las Vegas Sands
owns and operates casinos in Las Vegas, Nevada, and Macau. China MediaExpress
Holdings Inc. ( NASDAQ: CCME ) shares are soaring in today's trading. The
stock reached a high of $13.17 in mid-day trading, and at last check, it was up
20.83% to $13.40, with volume up from daily average of 2.83 million to 4.73
million. Chine MediaExpress Holdings shares saw a huge drop in Thursday's
trading session after a research firm said that the company inflated its revenue
and profit. This is the second negative research report to come out in the last
one week. As a result, China MediaExpress shares fell 37.1% this week. China
MediaExpress is an operator of television advertising network on inter-city
express buses in China. Silicon Image Inc. ( NASDAQ: SIMG ) shares are soaring
in today's trading after the company announced its fourth-quarter financial
results. Silicon Image reported a 46% increase in its fourth-quarter revenue to
$52 million. The company reported a profit of $4.2 million, or $0.05 per share,
compared with loss of $66.9 million, or $0.89 per share reported for the same
period in 2009. Silicon Image shares are currently trading 17.49% higher at
$9.07. The stock reached a 52-week high of $9.33 in mid-day trading, and is
trading in above average volume of 4.90 million. Silicon Image shares gained
296.94% in the last one year. Silicon Image is a Sunnyvale, California-based
company, engaged in semiconductors and Internet protocol solutions for the
storage, distribution and presentation of high-definition content. This
corporate profile is provided for information purposes only and should not be
used as the basis for any investment decision. We are neither licensed nor
qualified to provide investment advice. We were not paid, nor do we hold a
position in these stocks. We reserve the right to buy or sell any stock
mentioned in this report at any time after this post.

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