Top Services Stocks Losers were WU, NMM, CHRW
Services Stocks by PennyStockPickAlert.com.
(EMAILWIRE.COM, February 05, 2010 )
Dallas, Tx - The Western Union Company (NYSE:WU) fell 3.90% to $16.50 on 34.29 million shares after the company announced that for fiscal 2010, it expects GAAP revenue in a range of -1% to +2%. The Company expects GAAP earnings per share (EPS) of $1.29 to $1.34, and currently does not anticipate currency to impact EPS. According to Reuters Estimates, analysts were expecting the Company to report GAAP EPS of $1.39 for the same period.
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Navios Maritime Partners L.P. (NYSE:NMM) plunged 1.73% to $14.80 after the company announced that it has priced its follow-on public offering of 3,500,000 common units, which represent limited partnership interests, at $15.51 per unit. Navios Partners has granted the underwriters a 30-day option to purchase up to an additional 525,000 common units to cover over-allotments, if any.
C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) smashed 0.54% to $53.25 on 3.97 million shares after the company posted a lower-than-expected quarterly profit, weighed down by a weak freight market, and said margins will continue to take a hit in 2010. For the fourth quarter, CH Robinson's net income was $87.7 million, or 52 cents a share, compared with $88.9 million, or 52 cents a share, a year ago.
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Dallas, Tx - The Western Union Company (NYSE:WU) fell 3.90% to $16.50 on 34.29 million shares after the company announced that for fiscal 2010, it expects GAAP revenue in a range of -1% to +2%. The Company expects GAAP earnings per share (EPS) of $1.29 to $1.34, and currently does not anticipate currency to impact EPS. According to Reuters Estimates, analysts were expecting the Company to report GAAP EPS of $1.39 for the same period.
You can subscribe to these stock alerts by visiting: http://www.PennyStockPickAlert.com.
Navios Maritime Partners L.P. (NYSE:NMM) plunged 1.73% to $14.80 after the company announced that it has priced its follow-on public offering of 3,500,000 common units, which represent limited partnership interests, at $15.51 per unit. Navios Partners has granted the underwriters a 30-day option to purchase up to an additional 525,000 common units to cover over-allotments, if any.
C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) smashed 0.54% to $53.25 on 3.97 million shares after the company posted a lower-than-expected quarterly profit, weighed down by a weak freight market, and said margins will continue to take a hit in 2010. For the fourth quarter, CH Robinson's net income was $87.7 million, or 52 cents a share, compared with $88.9 million, or 52 cents a share, a year ago.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock newsletters on various stocks of the day. These alerts help investors in making the wise stock market investments. Till date thousands of our subscribers have made huge gains using our daily stock alerts. We also track penny stocks, midcap & smallcap penny stocks. You can become leader in stock market by keeping track of the daily activity.
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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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