Premium Membership
2010
7th
July 12:07pm

Notable Percentage Gainers (NLST, AES, STD, STT)


Dear PSL members,

Netlist, Inc. (NASDAQ:NLST) soared 20.44% to $2.77 on 3.11 million shares. The company today announced that Dell Inc. has qualified both its 512 megabyte and 1 gigabyte flash memory-based, non-volatile cache subsystems, NetVault NV™, to support RAID storage applications on PowerEdge servers and PowerVault Direct Attached Storage solutions. With NetVault NV, Netlist is helping enable Dell servers to recover and retain data for weeks following data center power failures.

The AES Corporation (NYSE:AES) jumped 8.88% to $9.69 on 7.29 million shares. Earlier, the company announced today that the Board of Directors has approved a stock repurchase program under which the Company may repurchase up to $500 million of common stock. The Board authorization permits the Company to repurchase stock from time to time until December 31, 2010 through a variety of methods, including open market repurchases and/or privately negotiated transactions.

Banco Santander, S.A. (ADR) (NYSE:STD) advanced 7.23% to $12.31 on 6.44 million shares. The stock has surged 19% in the last few days of trading. Banco Santander, S.A. (Santander)is a financial group operating principally in Spain, the United Kingdom, Portugal, other European countries, Brazil and other Latin American countries and the United States, offering a range of financial products.

State Street Corporation (NYSE:STT) zoomed 10.41% to $36.81 on 5.50 million shares. The company estimates second-quarter net income at 87 cents a share, reflecting a charge and a tax benefit, on revenue of $2.3 billion. Over the past 52-weeks, the stock has been trading in the range of $32.47-$55.87.

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Happy trading,

PSL staff, www.PennyStockLive.com