Thursday, November 11, 2010

Notable Losers (CNQR, LDK, MFB, EXK)

Concur Technologies, Inc. (NASDAQ:CNQR) plunged 7.43% to $49.11. The company reported that its fourth-quarter net income decreased to $3.47 million from $5.88 million last year. Net income per share available to stockholders was $0.06 compared to $0.11 prior year. Analysts polled by Thomson Reuters expected the company to report profit of $0.19 per share on revenue of $77.04 million for the quarter. Analysts' estimates typically exclude special items. The company expects revenue for the first quarter of fiscal 2011 to grow 17% year-over-year from the first quarter of fiscal 2010. For the first quarter, Concur expects net income per share to be $0.05, and non-GAAP net income per share to be $0.18. LDK Solar Co., Ltd. (NYSE:LDK) fell 3.25% to $12.80. The company late Monday reported third-quarter net income of $93.4 million, or 72 cents per American Depositary share, up from $29.4 million, or 27 cents per ADS, in the same quarter last year. Revenue increased to $675.6 million from $281.9 million a year earlier. Analysts polled by FactSet Research had forecast earnings of 43 cents a share on revenue of $590.8 million. Maidenform Brands, Inc. (NYSE:MFB) plunged 7.51% to $24.64. For the third quarter, the company this week said that it earned $12.8 million, or 55 cents a share, compared with $16 million, or 67 cents a share, a year ago. Revenue rose 13 percent to $145.8 million. Analysts on average were expecting the company to earn 53 cents a share on revenue of $146.9 million. Endeavour Silver Corp. (CAN) (AMEX:EXK) declined 8.28% to $6.20. Over the past 52-week, the stock traded within the range of $2.86-$7.16. The company has Price/Sales ratio of 6.02. The stock has the 50- Day Moving Average and 200-Day Moving Average prices of $4.69 and $3.85 respectively. At current market price, the market capitalization of the company stands at $397.65 million.
tdp2664
Epic Stock Picks



No comments:

Post a Comment

LinkWithin

Related Posts Plugin for WordPress, Blogger...