Most Active Losers on News (ARD, NUHC, NTRI, SPLS, SYKE)
Stock News on Active Losers.
(EMAILWIRE.COM, March 03, 2010 ) Dallas, Tx - Arena Resources, Inc. (NYSE:ARD) lost 17.50% to close at $35.22 on 6.36 million shares after the company said its fourth-quarter net income declined to $9.27 million or $0.24 per share from $13.58 million or $0.35 per share in the prior year period. Earnings per share, excluding non-cash charge for stock based compensation were $0.25, lower than $0.37 in the year-ago period.
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Nu Horizons Electronics Corp. (NASDAQ:NUHC) went down 24.77% to $3.31 on 1.73 million shares after the company was downgraded to Market Weight from Overweight with a price target of $4.50 by Thomas Weisel. NU Horizons Electronics is currently above its 50-day moving average of $4.23 and above its 200-day moving average of $3.93.
NutriSystem Inc. (NASDAQ:NTRI) declined 15.98% to $15.88 on 11.01 million shares after the company warned that the first quarter will be weighed down by higher advertising rates and charges.
Staples, Inc. (NASDAQ:SPLS) decreased 10.09% to $23.25 on 49.57 million shares after the companyy reported lower-than-expected quarterly profit on weak demand for big-ticket items, and forecast full-year earnings well below analysts' expectations. Fourth-quarter net earnings fell to $238.8 million or 32 cents a share, from $289.1 million, or 40 cents a share, a year earlier.
Sykes Enterprises, Incorporated (NASDAQ:SYKE) lost 1.82% to $24.23 on 2.19 million shares after the company swung to a fourth-quarter loss as the customer-service outsourcing provider reported charges related to its foreign operations, which offset higher revenue. The company also projected mixed first-quarter and 2010 earnings results, with the first-quarter profit view falling well short of analysts' expectations.
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Nu Horizons Electronics Corp. (NASDAQ:NUHC) went down 24.77% to $3.31 on 1.73 million shares after the company was downgraded to Market Weight from Overweight with a price target of $4.50 by Thomas Weisel. NU Horizons Electronics is currently above its 50-day moving average of $4.23 and above its 200-day moving average of $3.93.
NutriSystem Inc. (NASDAQ:NTRI) declined 15.98% to $15.88 on 11.01 million shares after the company warned that the first quarter will be weighed down by higher advertising rates and charges.
Staples, Inc. (NASDAQ:SPLS) decreased 10.09% to $23.25 on 49.57 million shares after the companyy reported lower-than-expected quarterly profit on weak demand for big-ticket items, and forecast full-year earnings well below analysts' expectations. Fourth-quarter net earnings fell to $238.8 million or 32 cents a share, from $289.1 million, or 40 cents a share, a year earlier.
Sykes Enterprises, Incorporated (NASDAQ:SYKE) lost 1.82% to $24.23 on 2.19 million shares after the company swung to a fourth-quarter loss as the customer-service outsourcing provider reported charges related to its foreign operations, which offset higher revenue. The company also projected mixed first-quarter and 2010 earnings results, with the first-quarter profit view falling well short of analysts' expectations.
ABOUT http://www.PennyStockPickAlert.com
Penny Stock Pick Alert provides free stock news 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 provide alerts on hot stocks, midcap & smallcap penny stocks, most active stocks and much more. You can become leader in stock market by keeping track of the daily activity.
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Email us
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