Friday`s Top 5 Active Stock Losers (FBC, CNX, ORCL, STX, PVG)
Top Active Losers.
(EMAILWIRE.COM, March 26, 2010 ) Dallas,Tx - Flagstar Bancorp, Inc. (NYSE:FBC) lost 23.64% to $0.550 on 20.13 million shares. The company announced that it has priced a public offering of 500 million shares of common stock to the public at $0.50 per share for total gross proceeds of approximately $250.0 million.
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CONSOL Energy Inc. (NYSE:CNX) falls 1.33% to $42.40 on 2.86 million shares. The company announced that it has priced a public offering of 38,500,000 shares of its common stock at $42.50 per share. The Company expects the issuance and delivery of the shares to occur on March 31, 2010.
Oracle Corporation (NASDAQ:ORCL) drops 1.20% to $25.73 on 1.40 million shares. The company released a much awaited earnings report. The Redwood City, California based company earned GAAP net income of $1.2 billion or $0.23 per share compared to $1.3 billion or $0.26 per share in the year ago period. Oracle's Board of Directors also declared a cash dividend of $0.05 per share to be paid to shareholders of record on April 14, 2010 with a payment date of May 5, 2010.
Seagate Technology (NASDAQ:STX) decreased 2.70% to $19.09.
Penn Virginia GP Holdings, L.P. (NYSE:PVG) declined 6.58% to $18.31 on 1.72 million shares. The company announced today that Penn Virginia Resource LP Corp., an indirect wholly owned subsidiary of Penn Virginia Corporation has priced the underwritten public offering of 10,000,000 common units representing limited partner interests at $18.45 per unit.
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CONSOL Energy Inc. (NYSE:CNX) falls 1.33% to $42.40 on 2.86 million shares. The company announced that it has priced a public offering of 38,500,000 shares of its common stock at $42.50 per share. The Company expects the issuance and delivery of the shares to occur on March 31, 2010.
Oracle Corporation (NASDAQ:ORCL) drops 1.20% to $25.73 on 1.40 million shares. The company released a much awaited earnings report. The Redwood City, California based company earned GAAP net income of $1.2 billion or $0.23 per share compared to $1.3 billion or $0.26 per share in the year ago period. Oracle's Board of Directors also declared a cash dividend of $0.05 per share to be paid to shareholders of record on April 14, 2010 with a payment date of May 5, 2010.
Seagate Technology (NASDAQ:STX) decreased 2.70% to $19.09.
Penn Virginia GP Holdings, L.P. (NYSE:PVG) declined 6.58% to $18.31 on 1.72 million shares. The company announced today that Penn Virginia Resource LP Corp., an indirect wholly owned subsidiary of Penn Virginia Corporation has priced the underwritten public offering of 10,000,000 common units representing limited partner interests at $18.45 per unit.
ABOUT http://www.wepickpennystocks.com
Wepickpennystocks provide Stock Newsletter on various stocks of the day. To make the right investment in the stock business you need up to date information. We provide stock alerts on penny stocks ,most active stocks and much more. Our hot stock alerts will help you gain insight into the stock trading so that you can make maximum profit.
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This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
Wepickpennystocks
Robert
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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