AXN, DDR, IBKR were Top Financial Loser Stocks
American Express Company,Developers Diversified Realty ,Interactive Brokers were the Top Financial Losers
(EMAILWIRE.COM, October 24, 2009 ) Dallas, TX - American Express Company (NYSE:AXP) was one of the losers of today`s trade and declined 5.10% or $1.86 to close at $34.58 on over 21.53 million shares after the company today reported third-quarter income from continuing operations of $642 million, down 25 percent from $861 million a year ago. Diluted earnings per share from continuing operations were $0.54, down 27percent from $0.74 a year ago.
Developers Diversified Realty Corp. (NYSE:DDR) was one of the most active losers in trade today as it corrected 5.69% to end the day`s trade at $9.44 on huge volume of 7.14 million shares after Analysts were expecting Developers Diversified Realty Corp. to report earnings of $0.43 for last quarter, but DDR beat expectations with actual earnings of $0.44 which was 1 cent above the consensus estimates. In comparison to last quarter's earnings that is $0.83 which the company made per share during the same quarter a year ago, you can see that DDR’s earnings are down this year.
Interactive Brokers Group, Inc. (NASDAQ:IBKR) was the active loser of today`s trade as it plunges 13.91% to close at $16.84 on unusual volume of 3.09 million shares after it reported third-quarter net income available to common shareholders was $8.5 million, or 20 cents a share, compared with $27.2 million, or 65 cents a share, in the year-ago period. Analysts expected the company to earn 31 cents a share, according to Thomson Reuters. Revenue from the company's market making segment fell 58 percent to $150.3 million, while that from the brokerage segment was down about $13 million at $121.5 million.
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Developers Diversified Realty Corp. (NYSE:DDR) was one of the most active losers in trade today as it corrected 5.69% to end the day`s trade at $9.44 on huge volume of 7.14 million shares after Analysts were expecting Developers Diversified Realty Corp. to report earnings of $0.43 for last quarter, but DDR beat expectations with actual earnings of $0.44 which was 1 cent above the consensus estimates. In comparison to last quarter's earnings that is $0.83 which the company made per share during the same quarter a year ago, you can see that DDR’s earnings are down this year.
Interactive Brokers Group, Inc. (NASDAQ:IBKR) was the active loser of today`s trade as it plunges 13.91% to close at $16.84 on unusual volume of 3.09 million shares after it reported third-quarter net income available to common shareholders was $8.5 million, or 20 cents a share, compared with $27.2 million, or 65 cents a share, in the year-ago period. Analysts expected the company to earn 31 cents a share, according to Thomson Reuters. Revenue from the company's market making segment fell 58 percent to $150.3 million, while that from the brokerage segment was down about $13 million at $121.5 million.
ABOUT http://www.PennyStockPickalert.com
The website alerts investors on Top Stocks that would help investors to generate higher than average returns. These include various types of stocks with huge volume, penny stocks that are moving to the upside quickly, penny stocks with buy signals and companies with news. Our regular Stock pick Alerts helps investors to achieve incredible results in a short amount of time.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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