HelpHelp About Us Contact Contact Us Help Help
Press Release Service
user name password
Client login:   
First time user sign up Forgot your login info?
Website Directory     Submit Website

Search
EmailWire News Links

Home > News By Company > PennyStockPickAlert.com

Print e mail rss del Y! myWeb Tweet
 

Today's Top NASDAQ Losers were TBUS, SPWRB, ENCO : by Penny Stock Pick Alert

DRI Corporation, SunPower Corporation and Encorium Group today were Top NASDAQ stocks Losers as reported by Penny Stock Pick Alert.

 



(EMAILWIRE.COM, November 18, 2009 ) Dallas, TX - DRI Corporation (NASDAQ:TBUS) plunged 26.05% to end the day at $1.59 after the company yesterday announced that for the fourth quarter of 2009, it expects to be profitable at $0.05 per basic and diluted share and to exceed the revenues of the same quarter last year. For fiscal 2009 the Company expects revenue to approximate $82 million, based on currency exchange rates currently in effect. For the first quarter of 2010, the Company expects, while unprofitable, improvement over the same period in fiscal year 2009. For fiscal 2010, revenue will be approximately $100 million, which would be a 22.0% growth with earnings about doubling those of fiscal 2009's revised guidance.

SunPower Corporation (NASDAQ:SPWRB) decreased 18.54% to close at $19.47. The stock hit an intraday high and an intraday low of $19.96 and $19.10 respectively. In the last six months the stock went down over 13%. The company said Monday that an internal review of its Philippine manufacturing operations turned up possible accounting errors. If the preliminary investigation findings prove to be final, they could impact the company's 2009 financial results. SunPower estimates that approximately $9 million of the identified accounting entries should have been recorded in 2008.

Encorium Group Inc. (NASDAQ:ENCO) decreased 14% to end the day at $0.370 after the company yesterday announced its financial results for the third quarter ended September 30, 2009. Loss from continuing operations decreased to $643,389 or $(0.04) per diluted share for the third quarter of 2009, from a net loss of $2.4 million, or $(0.12) per diluted share, in the third quarter of 2008. Net revenue for the third quarter of 2009 was $4.5 million, a decrease of 17.6% from $5.4 million for the third quarter of 2008.

ABOUT http://www.PennyStockPickalert.com

Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.


Contact Information:
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.
Private Equity, Angel Investing
Equity Alliance / Private Equity, Angel Investing, / IPO, Venture Capital & IR services / Equity Alliance International

Equityallianceir.com





Penny Stocks to Watch

Sign up for hot penny stock picks
Gains of 500%+ possible!

Premiumstockpicks.com/landing/




Your text Ads & 

PR

Text Ads plus unlimited press releases, One release featured/Day for only $575 per month.

Read more on Text Ads & PR






Your text Ads Here!

Text Ads are only $289 per month. Ads are placed same day.

More on Text Ads Advertising




 

Search


Advertising | How to contact us | Privacy Statement | EmailWire Press Releases | Partnership Opportunities

EmailWire is a press release distribution service of GroupWeb Media LLC.

© Copyright GroupWeb Media LLC 2012