StreetInsider.com Daily Block Trades of Note 10/16: PGR, RBAK, ABX

October 16, 2006 3:55 PM EDT
StreetInsider.com Daily Block Trades of Note 10/16:

Progressive Corp. (NYSE: PGR): A 6.1 million share block traded at 12:26PM ET at $24.50. Today's volume is already at 10 million shares versus the three month average full-day volume of 2.2 million. Shares are trading at $24.52 (-0.85%) in afternoon action.

Redback Networks Inc. (Nasdaq: RBAK): A 2.4 million share block traded at 2:14PM ET at $15. Today's volume is already at 6.4 million shares versus the three month average full-day volume of 2.7 million. Shares are trading at $14.72 (-5.3%) in afternoon action.

Barrick Gold Corp. (NYSE: ABX): A 1.26 million share block traded at 3:29PM ET at $30.12. Today's volume is already at 4.8 million shares versus the three month average full-day volume of 4.5 million. Shares are trading at $30.13 (+1.15%) in afternoon action.

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