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Biggest Services Stocks Losers (FCN, WTW, CBLI)

Free Stock Alerts and Newsletter by Penny Stock Pick Alert

(EMAILWIRE.COM, February 27, 2010 ) Dallas, TX - FTI Consulting, Inc. (NYSE:FCN) went down 12.61% to $36.74 on 5.52 million shares after the company reported a quarterly profit below Wall Street estimates on higher expenses and forecast weak 2010 earnings. Net income for the fourth quarter was $36.6 million, or 71 cents a share, compared with $30.1 million, or 56 cents a share, in the year-ago period.

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Weight Watchers International, Inc. (NYSE:WTW) lost 14.69% to $25.72 on 2.69 million shares after the company forecast a disappointing 2010 profit as its North American meetings business has seen low attendances from the start of the year, signaling little change in consumer sentiment. For the fourth quarter, net income fell to $18.7 million or 24 cents a share, from $25.6 million, or 33 cents a share, a year ago.

Cleveland BioLabs, Inc. (NASDAQ:CBLI) fell 8.96% to $3.86 on 1.35 million shares. The stock hit an intraday high and an intraday low of $3.97 and $3.42 respectively. In the last six months the stock went down over 8%.

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