(EMAILWIRE.COM, November 21, 2009 ) Dallas, TX - ADC Telecommunications (NASDAQ:ADCT) declined 10.99% to $5.91 on over 18.25 million shares after the company said on Thursday it lost $19.2 million in a shortened fourth quarter marked by accounting charges. Its shares fell sharply in after-hours trading as its guidance came in below analyst expectations. The company said it expects sales of $250 million to $275 million during its first quarter, which will run four months and end Jan. 1, 2010. It expects to lose 15 cents to 5 cents per share. That would include a non-cash amortization expense of 5 cents per share.

eFuture Information Technology Inc. (NASDAQ:EFUT) decreased 21.40% to $7.86 after the company yesterday announced its unaudited financial results for the fiscal quarter ended June 30, 2009 and restatement of unaudited financial results for the fiscal quarter ended March 31, 2009. Second Quarter gross profit decreased 28.81% year-over-year to RMB9.82 million (US$1.44 million), from RMB13.79 million in the second quarter of 2008. Consolidated gross margin for the Second Quarter was 44.21% compared with 57.08% in the second quarter of 2008.

Bank of Florida Corporation (NASDAQ:BOFL) plunged 25.64% to $0.740 after the company yesterday announced that as a result of current market conditions, the Company has postponed the marketing of its public offering. The Company's offering remains in registration with the Securities and Exchange Commission.

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 .If you wish to get your company featured on our website then please contact us at info @PennyStockPickReport

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.