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Biggest Semiconductor Stocks Losers were NVLS, HIMX, TNL by Penny Stock Pick Alert

Penny Stock Pick Alert reports Novellus ,Himax Technologies,Technitrol as Biggest Semiconductor Stocks Losers.

 



(EMAILWIRE.COM, November 04, 2009 ) Dallas, TX - Novellus Systems, Inc. (NASDAQ:NVLS) was one of the most active losers in today`s trading sessions as it declined over 5.15% to close at $19.71 on huge volume of 5.66 million shares after the company was downgraded to Underweight by Morgan Stanley. Novellus Systems, Inc., develops, manufactures, sells and supports equipment used in the fabrication of integrated circuits, which are called chips or semiconductors. Customers manufacture chips for sale or for incorporation in their own products, or provide chip-manufacturing services to third parties.

Himax Technologies, Inc. (ADR) (NASDAQ:HIMX) decreased 7.09% to end the day at $2.49 on over 857K shares after Analysts were expecting Himax Technologies, Inc. to report earnings of $0.06 for last quarter, but HIMX missed expectations with actual earnings of $0.05 which is 1 cent below the consensus estimate. HIMX also issued earnings guidance for next quarter that is below current analyst expectations. If we compare last quarter's earnings to the $0.09 the company made per share during the same quarter a year ago, you can see that HIMX’s earnings are down this year.

Technitrol, Inc. (NYSE:TNL) decreased 16.73% to $6.52 on over 1.65 million shares after the company announced that its Board of Directors declared a quarterly shareholder dividend of $0.025 per common share, an amount equal to that declared in the previous quarter, payable January 15, 2010 to shareholders of record on January 1, 2010. The Company announced that it expects fourth quarter 2009 revenues from continuing operations to increase modestly from third quarter levels to between $103 million and $106 million.

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