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Bestofotc.com - stock price losers: HNZ, SCO, SKS, BF.B, VXX, SDS

Wednesday’s Stock News Alert from Best of OTC

 

http://www.bestofotc.com




(EMAILWIRE.COM, September 03, 2010 ) NEW YORK, NY - Best of OTC, publishers of free stock alerts (www.BestofOTC.com), reports on the following stock performances for 09/01/2010:

- H.J. Heinz Company (NYSE:HNZ) dropped by 0.13% to close on $46.18 with day traded volume of 3.25M, H. J. Heinz Company together with its subsidiaries is engaged in manufacturing and marketing a range of food products globally. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company’s principal products include ketchup, condiments and sauces, frozen food, soups, beans and pasta meals, infant nutrition and other food products. The Company’s products are manufactured and packaged to provide safe, wholesome foods for consumers, as well as foodservice and institutional customers. The Company manufactures and contracts for the manufacture of its products from a range of raw foods.

- ProShares UltraShort DJ-UBS Crude Oi ETF (NYSE:SCO) dropped by 6.53% to close on $15.02 with day traded volume of 749,060.00, ProShares UltraShort DJ-UBS Crude Oil (the Fund), formerly known as ProShares UltraShort DJ-AIG Crude Oil, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of The Dow Jones—UBS Crude Oil Sub-Index (the Index). The Index, a sub-index of DJ—UBS Commodity Index, is intended to reflect the crude oil segment of the commodities market. The Index consists of futures contracts on crude oil only. The Index is valued using the settlement prices for the underlying futures contracts.

- Saks Incorporated (NYSE:SKS) dropped by 6.20% to close on $7.41 with day traded volume of 8.22M, Saks Incorporated is a fashion retail organization offering a range of distinctive luxury fashion apparel, shoes, accessories, jewelry, cosmetics, and gifts. The Company’s operations consist of Saks Fifth Avenue (SFA), Saks Fifth Avenue OFF 5TH (OFF 5th) and SFA’s e-commerce operations. SFA stores are free-standing stores in shopping destinations or anchor stores in upscale regional malls.

- Brown-Forman Corporation (NYSE:BF.B) dropped by 5.50% to close on $57.92 with day traded volume of 714,662.00, Brown-Forman Corporation manufactures, bottles, imports, exports and markets a variety of alcoholic beverage brands. Its principal beverage brands include Jack Daniel’s Tennessee Whiskey, Early Times Kentucky Whisky, Jack Daniel’s Single Barrel, El Jimador Tequila, Jack Daniel’s Ready-to-Drinks, Fetzer Wines, Gentleman Jack, Five Rivers Wines, Southern Comfort, Herradura Tequila, Southern Comfort Ready-to-Drinks, Jekel Vineyards Wines, Southern Comfort Ready-to-Pours, Korbel California Champagnes, Finlandia Vodka, Little Black Dress Wines, Antiguo Tequila, New Mix Ready-to-Drinks, Bel Arbor Wines, Old Forester Bourbon, Bonterra Vineyards Wines, Pepe Lopez Tequilas, Canadian Mist Blended Canadian Whisky, Sanctuary Wines, Chambord Liqueur, Sonoma-Cutrer Wines, Don Eduardo Tequila, Tuaca Liqueur, Early Times Bourbon and Woodford Reserve Bourbon.

- iPath S&P 500 VIX Short-Term Futures ETN (NYSE:VXX) dropped by 5.92% to close on $20.66 with day traded volume of 18.79M

- ProShares UltraShort S&P500 (ETF) (NYSE:SDS) dropped by 5.55% to close on $33.40 with day traded volume of 33.09M, ProShares UltraShort S&P500 (the Fund) seeks daily investment results, before fees and expenses, that correspond to twice (200%) the inverse (opposite) of the daily performance of the S&P 500 Index. The S&P 500 Index is a measure of large-cap United States stock market performance. It is a float-adjusted market capitalization weighted index of 500 United States operating companies and real estate investment trusts (REITs) selected through a process that factors criteria, such as liquidity, price, market capitalization and financial viability.

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Please see disclaimer on BestofOTC website: http://www.bestofotc.com/disclaimer.php.

BestofOTC.com is a website that profiles stocks of interest. We are not licensed brokers or financial consultants. The information here is believed to be reliable, but not guaranteed to be accurate by www.BestofOTC.com.

Disclaimer:
The assembled information disseminated by BestofOTC.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. BestofOTC.com does expect that investors will buy and sell securities based on information assembled and presented in BestofOTC.com. PLEASE always do your own due diligence, and consult your financial advisor.

Forward-Looking Statement:
This press release includes "forward-looking statements" within the meaning of the federal securities laws, commonly identified by such terms as "believes," "looking ahead," "anticipates," "estimates" and other terms with similar meaning. Although the Company believes that the assumptions upon which its forward-looking statements are based are reasonable, it can give no assurance that these assumptions will prove to be correct. Important factors that could cause actual results to differ materially from the Company's projections and expectations are disclosed in the Company's filings with the Securities and Exchange Commission. All forward-looking statements in this press release are expressly qualified by such cautionary statements and by reference to the underlying assumptions.

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