Service Stocks Fell on Tuesday (News Corporation, Ross Stores, Inc., The Home Depot, Inc., eBay Inc.)
Service Stocks Fell on Tuesday
(EMAILWIRE.COM, August 25, 2010 ) New York, NY -News Corporation (NASDAQ:NWSA) lost 2.80% to $12.13 on over 25.99 million shares. Today, the stock opened at $12.34 and was trading within the range of $12.07-$12.41. Over the past 5 trading sessions, the stock went down more than 7%. At today`s closing market price, the market capitalization of the stock stood at $31.80 billion.
The volumes were heavy today at 25.99 million shares as compared to its daily average volume of 16.53 million shares.
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Ross Stores, Inc. (NASDAQ:ROST) dropped 1.82% to $49.62 on over 2.07 million shares. Earlier this week, the company said that its second-quarter net income rose to $129.28 million, or $1.07 per share, from $103.41 million, or 82 cents per share, in the prior-year quarter. Revenue grew 8% to $1.91 billion from $1.77 billion.
Analysts, on average, expected the company to report earnings of $1.06 per share on revenue of $1.92 billion.
The Home Depot, Inc. (NYSE:HD) slid 0.18% to $27.78 on over 16.62 million shares. Today, the stock opened at $27.55 and was trading within the range of $27.10-$28.08.
The Home Depot, Inc. is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement and lawn and garden products and provide a number of services.
eBay Inc. (NASDAQ:EBAY) fell 1.72% to $22.87. After opening the day`s trade at $23, the stock traded within the range of $22.78-$23.99. The volumes were quite moderate at 15.69 million shares. The market capitalization of the stock stood at $30.01 billion.
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The volumes were heavy today at 25.99 million shares as compared to its daily average volume of 16.53 million shares.
To get FREE Stock newsletters, please sign up at http://www.stocksgonewild.com
Ross Stores, Inc. (NASDAQ:ROST) dropped 1.82% to $49.62 on over 2.07 million shares. Earlier this week, the company said that its second-quarter net income rose to $129.28 million, or $1.07 per share, from $103.41 million, or 82 cents per share, in the prior-year quarter. Revenue grew 8% to $1.91 billion from $1.77 billion.
Analysts, on average, expected the company to report earnings of $1.06 per share on revenue of $1.92 billion.
The Home Depot, Inc. (NYSE:HD) slid 0.18% to $27.78 on over 16.62 million shares. Today, the stock opened at $27.55 and was trading within the range of $27.10-$28.08.
The Home Depot, Inc. is a home improvement retailer. The Home Depot stores sell an assortment of building materials, home improvement and lawn and garden products and provide a number of services.
eBay Inc. (NASDAQ:EBAY) fell 1.72% to $22.87. After opening the day`s trade at $23, the stock traded within the range of $22.78-$23.99. The volumes were quite moderate at 15.69 million shares. The market capitalization of the stock stood at $30.01 billion.
About http://www.stocksgonewild.com
StocksGoneWild.com strives in finding penny stocks that are poised to breakout! We actively search every resource on the market to find undervalued stocks with the potential to make both huge short and long-term gains.
Explosive Gains of 100-1000%! Email Alerts before the Stock Breaks Out! The Best Fundamental and Technical Analysis of the Markets at Your Fingertips
DISCLAIMER
This is not an offer to buy or sell securities. Information or opinions are presented solely for informative purposes, and are not intended nor should they be construed as investment advice. Neither Stocksgonewild.com nor any of its employees, affiliates, subsidiaries or family members are registered investment advisors or registered stock brokers and shall not be liable for any direct, indirect, incidental, special or consequential damages arising out of or resulting from the use or inability to use this site, including but not limited to damages for the loss of capital, funds, profits, use, data, or any and all other possible damages, even if such party has been advised of the possibility of such damages resulting from the use of this site and all information contained on this site.
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