Tuesday, October 26, 2010

Most Active Stock Losers (MI, Amgen, Inc., BMY)

Marshall & Ilsley Corporation (NYSE:MI) slid 0.33% to $6.08. Last week, the company said its third-quarter loss narrowed to $169.2 million or 32 cents a share, from $248.2 million, or 68 cents a share, in the year-ago period. Wall Street analysts expected the financial firm to report a loss of 25 cents a share, according to a survey by FactSet Research. The stock opened at $6.03 and was trading within the range of $6-$6.16. Amgen, Inc. (NASDAQ:AMGN) fell 1.19% to $57.26. The company said it earned $1.24 billion, or $1.28 a share, compared with $1.39 billion or $1.36 a share for the same period in 2009. Amgen's results topped Wall Street expectations. According to FactSet Research, analysts were looking for earnings of $1.27 a share on sales of $3.78 billion. The 52-week range of the stock is $50.26-$61.26. Bristol Myers Squibb Co. (NYSE:BMY) lost 1.10% to $26.86. The company said it earned $949 million, or 55 cents a share, in the latest quarter, compared with $966 million, or 48 cents a share, for the same period in 2009. A poll of analysts by FactSet Research estimated Bristol-Myers would, on average, earn 53 cents a share on revenue of $4.94 billion. At today`s closing market price, the market capitalization of the company stands at $46.06 billion. Disclaimer: The assembled information distributed by epicstockpicks.com is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. Epicstockpicks.com does expect that investors will buy and sell securities based on information assembled and presented herein. EpicStockPicks.com will not be responsible in any way for or accept any liability for any losses arising from an investor's reliance on or use of information obtained from our website or emails. PLEASE always do your own due diligence, and consult your financial advisor.
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