Shares of Weatherford International Ltd. (NYSE: WFT), a provider of equipment and services used in drilling, evaluation, completion, production and intervention of oil and natural gas wells, are up sharply in trading today.
At last check, WFT shares were trading 3.25% higher at $10.94 on volume of 15,300. The stock hit an intra-day high of $11.11. Despite the sharp rise in trading today, WFT shares have fallen 0.27% in the last three trading sessions.
Shares of Ford Motor Company (NYSE: F), the Dearborn, Michigan-based automaker, are gaining in early trading today. At last check, Ford shares were trading 1.29% higher at $12.56 on volume of 562,484. The stock hit an intra-day high of $12.58. Ford shares have gained more than 6% in the last three trading sessions.
Shares of Research In Motion Limited (NASDAQ: RIMM), the maker of BlackBerry smartphones, are rebounding in trading today after falling more than 20% on Friday.
RIMM shares had tumbled on Friday after the company reported a drop in its subscriber base for the first time in its history. The stock extended its losses on Monday. However, it has rebounded in trading today.
At last check, RIMM shares were trading 1.98% higher at $10.82 on volume of 368,212. The stock hit an intra-day high of $10.86. In the last three trading sessions, RIMM shares have fallen nearly 23.5%.
Shares of Rite Aid Corporation (NYSE: RAD), a retail drugstore chain in the U.S., are continuing to rally in trading today. At last check, RAD shares were trading 5.34% higher at $1.38 on volume of 1.02 million. The stock hit an intra-day high of $1.40. RAD shares have gained more than 14% in the last three trading sessions.
RAD last week reported its third-quarter financial results. For the quarter ended December 1, 2012, the Camp Hill, Pennsylvania-based company reported revenue of $6.2 billion. The company’s net income for the quarter was $61.9 million, or $0.07 per share.
John Standley, President and CEO of Rite Aid, said that RAD reached a significant milestone in its turnaround efforts by returning to profitability.
Shares of PSS World Medical Inc. (NASDAQ: PSSI), a national distributor of medical products and supplies, diagnostic equipment, healthcare information technology and pharmaceutical products, are up sharply in early trading today.
At last check, PSSI shares were trading 1.23% higher at $28.84 on volume of 386,958. The stock hit an intra-day high of $28.85 in trading today.
Shares of Vale SA (ADR) (NYSE: VALE), a Brazil-based metals and mining company, are climbing in early trading today.
At last check, VALE shares were trading 2.53% higher at $20.63 on volume of 1.39 million. The stock hit an intra-day high of $20.67 in trading today.
Shares of PetroChina Company Limited (ADR) (NYSE: PTR), a China-based company engaged in the production and sale of oil and gas related products, are gaining in early trading today.
At last check, PTR shares were trading 1.24% higher at $141.70 on volume of 10,204. The stock hit an intra-day high of $141.53.
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