2013 Archive: Diamonds and Dogs
November 26, 2013
Barnes & Noble Inc. (BKS)
Barnes & Noble is trading in the red today, down 5.96% at $15.45. The book and NOOK retailer saw its shares drop after earnings showed revenues continuing to sink. For the quarter, Barnes & Noble announced revenues fell 8% due to lower sales across... Read More
November 18, 2013
Supervalu Inc. (SVU)
Supervalu is looking stale today, down 8.87% at $6.27. The food wholesaler saw its shares fall after a downgrade from Goldman Sachs. Analysts at the investment bank now rate Supervalu at “sell” and lowered its price target to $6. Goldman Sachs cited food stamp cuts and increased... Read More
November 13, 2013
Perry Ellis International Inc. (PERY)
Perry Ellis is not looking nicely dressed today, down 22.96% at $15.00. The apparel designer saw its shares crash after lowering its guidance for the second half of 2014. Perry Ellis management now sees full-year adjusted EPS of $0.95-$1.01 on revenue of $960 million-$970... Read More
November 12, 2013
Rackspace Hosting Inc. (RAX)
Rackspace is trading in the red today, down 12.37% at $43.21. The cloud computing service company saw its shares fall after reporting mixed third quarter results. Revenues rose 16% to $388.6 million, which translated into a 40% drop in net income and an EPS of... Read More
November 11, 2013
Cirrus Logic Inc. (CRUS)
Cirrus Logic is shorting a circuit today, down 13.48% at$19.25. The semiconductor company saw its shares fall $3.00 after news that Apple has trimmed the number of components it will use in its new iPad Air model. Barclays’ analyst Blayne Curtis wrote that he had identified... Read More
November 7, 2013
Checkpoint Systems Inc. (CKP)
Checkpoint Systems is getting beat up today, down 22.37% at $13.50. The technology driven loss prevention (for retail companies) company saw its shares plummet after disappointing earnings. For the quarter Checkpoint announced an EPS of $0.22 on revenue of $174.5 million; both numbers fell short... Read More
November 5, 2013
Orbitz Worldwide Inc. (OWW)
Orbitz Worldwide is falling out of the sky today, down 19.62% at $7.70. The online travel company saw its shares drop after missing on earnings. For the quarter, Orbitz announced an EPS of $0.11 which was $0.02 short of analyst estimates. The miss was blamed... Read More
November 4, 2013
Blackberry Limited (BBRY)
Blackberry is getting crushed today, down 16.35% at $6.50. The wireless solution company saw its shares fall after abandoning its plan to sell itself. After failing to get a buyout offer finalized by Monday’s strategic review deadline, BlackBerry said that it will instead sell $1 billion of... Read More
October 29, 2013
Dice Holdings Inc. (DHX)
Dice Holdings isn’t rolling high number today, down 13.72% at $7.52. The career website and career fair company saw its shares fall after missing on earnings and lowering guidance. Dice reported a third quarter earnings of $0.12 per share, $0.01 worse than the analyst estimates of... Read More
October 28, 2013
Synta Pharmaceuticals Corp. (SNTA)
Synta Pharmaceuticals is getting crushed today, down 20.31% at $5.10. The small molecule therapy company saw its shares fall hard after announcing its one-year follow up results for its Galaxy-1 (ganetespib) trial. Ganetespib in combination with docetaxel reduced the risk of death from the docetaxel monotherapy... Read More
October 23, 2013
Usana Health Sciences Inc. (USNA)
Usana Health Sciences is making investors feel sick today, down 13.72% at $78.87. The nutritional and personal care company saw its shares get crushed after its full year forecast came in below estimates. Original estimates from Usana management for the full year 2013 were for... Read More
October 21, 2013
J.C. Penney Company Inc. (JCP)
J.C. Penney is continuing its downward spiral today, down 8.29% at $6.41. The clothing retailer saw its shares fall after Imperial Capital analyst Mary Ross-Gilbert slashed her price target on J.C. Penney shares to just $1, down from a previous target of $5, amid growing... Read More
October 17, 2013
United Health Group Incorporated (UNH)
United Health Group is looking a little under the weather today, down 5.09% at $71.36. The health insurer saw its shares drop after releasing third quarter earnings. UnitedHealth earned $1.57 billion, or $1.53 per share on revenue 0f $30.62 billion. Analysts expected earnings of $1.53... Read More
October 16, 2013
Stanley Black & Decker Inc. (SWK)
Stanley Black & Decker is screwing investor’s today (pun intended), down 14.26% at $76.75. The power tool company saw its shares fall after lowering its guidance for the year. The company now expects 2013 adjusted earnings of $4.90 to $5 per share, which falls... Read More
October 9, 2013
K12 Inc. (LRN)
K12 Inc. is getting sent to the principal’s office today, down 38.42% at $17.61. The technology-based education company saw its shares drop after the lowering its guidance for 2014. K12 said that it expects it sees full-year revenue of $905 million to $925 million along with operating... Read More
October 7, 2013
Cooper Tire & Rubber Co. (CTB)
Cooper Tire has a flat today, down 12.88% at $25.71. The tire manufacturer saw its shares fall after news regarding its pending merger with Apollo Tyres. Cooper Management said that it does not agree with Apollo Tyres effort to obtain a reduction in share... Read More
September 27, 2013
J.C.Penney Company Inc. (JCP)
J.C. Penney is continuing its downward spiral today, down 13.15% at $9.05. The retailer has seen its shares continue to fall after announcing a secondary stock offering in an attempt to raise billions to help slow down the company cash burn. Further hurting J.C. Penney was... Read More
September 25, 2013
J.C. Penney Company Inc. (JCP)
J.C. Penney dropped to a 13 year low today, down 14.96% at $10.12. The retailer saw its shares crash after Goldman Sachs said it expects sales at the struggling department store chain to improve more slowly than expected and raised questions about its liquidity. J.C.... Read More
September 20, 2013
Prosensa Holding N.V. (RNA)
Prosensa shares are crashing and burning today, down 70.42% at $7.10. The biopharmaceutical company which focuses on genetic disorders saw its shares fall after announcing that it and partner GlaxoSmithKline’s Duchenne muscular dystrophy drug, drisapersen, failed to meet its primary endpoint in late-stage trials. The trial... Read More
September 16, 2013
Perion Network Ltd. (PERI)
Perion Network traded in the red today, down 10.86% at $11.74. The consumer internet company saw its shares fall after investors were disappointed by the lack of premium in the merger with toolbar-developer Conduit Ltd.‘s Client Connect business. Conduit shareholders will get 81 percent of the... Read More
September 11, 2013
Restoration Hardware Holdings Inc. (RH)
Restoration Hardware will need some restoration on its share price today, as it’s down 11.88% at $67.02. The home furnishing company saw its shares fall after releasing earnings. While earnings were slightly better than expectations a few areas caused investor concern. Restoration Hardware earnings per share... Read More
September 10, 2013
Model N Inc. (MODN)
Model N is getting crushed today, down 31.77% at $10.05. The revenue management company saw its shares fall nearly $4.70 after being downgraded by three companies. Pacific Crest downgraded Model N from sector perform from outperform, and Stifel downgraded the company from buy to hold. Finally,... Read More
September 4, 2013
MiMedx Group Inc. (MDXG)
MiMedx Group is trading in the red today, down 36.49% at $3.85. The regenerative biomaterial company saw its shares fall hard after the FDA addressed the company in a letter. The FDA said that the company is unlawfully manufacturing drugs at one of its... Read More
September 3, 2013
Cytokinetics Incorporated (CYTK)
Cytokinetics is skipping a beat today, down 26.93% at $7.65. The biopharmaceutical company saw its shares fall around $2.80 after news that the company’s heart failure drug did not meet its main goal in clinical trial. Cytokinetics and its partner Amgen said the drug, omecativ mecarbil, did... Read More
August 29, 2013
The Fresh Market Inc. (TFM)
The Fresh Market isn’t looking so fresh today, down 11.59% at $47.99. The specialty grocery retailer saw its shares fall after missing estimates on its earnings. For the second quarter, management announced that it earned $15.6 million, or $0.32 per share, which was in line... Read More
August 27, 2013
Western Digital Corporation (WDC)
Western Digital Corporation is trading in the red today, down 5.19% at $61.44. The digital content company saw its shares fall after Forbes released an article regarding Western Digital’s short positions. The article which was published today stated that WDC is the 42nd most shorted... Read More
August 26, 2013
Tyson Foods Inc. (TSN)
Tyson Foods is cooked today, down 7.31% at $29.18. The chicken, beef, and pork company saw its shares fall after being downgraded by Merrill Lynch. An analyst at Merrill Lynch downgraded Tyson from buy to neutral. Although no news was cited as to what caused the... Read More
August 22, 2013
Abercrombie & Fitch Co. (ANF)
Abercrombie & Fitch is getting ditched today, down 17.67% at $38.53. The clothing retailer saw its shares fall after releasing its second quarter earnings report. Revenue for the company fell 1 percent from $951.4 million to $945.7 million, analysts were expecting revenue of $996.7 million.... Read More
August 20, 2013
Barnes & Noble Inc. (BKS)
Barnes & Noble is getting torn apart at the seam today, down 12.24% at $14.63. The bookstore and nook company saw its shares fall after two new events were released. First, Barnes & Noble released poor earnings. Management announced that first quarter EPS was... Read More
August 15, 2013
Vipshop Holdings Limited (VIPS)
Vipshop is selling off its shares today, down 14.06% at $39.50. The Chinese online retailor saw its shares fall after lower guidance for the third quarter. Vipshop management now sees third quarter revenue of $365 million-$370 million, below Wall Street’s view of $376.1 million. CEO... Read More
August 14, 2013
Cree Inc. (CREE)
Cree Inc. isn’t shining today, down 22.24% at $58.91. The LED light company saw its shares fall after releasing new guidance for the first quarter of 2014. Cree management announced it expects to collect revenues between $380 million and $400 million. At the midpoint, that is... Read More
August 13, 2013
Orbitz Worldwide Inc. (OWW)
Orbitz Worldwide is traveling lower today, down 13.12% at $10.20. The online travel company saw its shares fall after a major investor sole of part of its stake in the company. PAR Capital Management dumped 8.1 million of the 24.6 million shares it held, a... Read More
August 12, 2013
Sysco Corporation (SYY)
Sysco Corporation is trading in the red today, down 5.77% at $32.99. The food distributor saw its shares fall after releasing earnings and forecasts. For the quarter Sysco announced profit fell 8.5% to $283 million, or $0.47 per share, compared to $309 million, or $0.55 per share,... Read More
August 7, 2013
SunEdison Inc. (SUNE)
SunEdison isn’t shining today, down 24.05% at $7.39. The photovoltaic energy company saw its shares fall after releasing earnings. For the second quarter, SunEdison announced an adjusted EPS of negative $0.19, which is a loss of $25.2 million. Analysts were expecting a loss of $0.14 per... Read More
August 6, 2013
TravelCenters of America LLC (TA)
TravelCenters of America is traveling downward today, falling 27.31% at $8.51. The travel center company saw shares fall after announcing second quarter earnings. For the quarter, TravelCenters reported an 8% decrease in EBITDA, which fell to $86.6 million. Furthermore, net income fell an astonishing... Read More
August 1, 2013
Hanger Inc. (HGR)
Hanger Inc. is stumbling today, down 14.00% at $31.75. The orthotic and prosthetic company saw its shares fall after releasing earnings. For the quarter, Hanger management announced revenue of $273.7 million and an EPS of $0.52. Revenues were in line with analyst estimates, however EPS... Read More
July 31, 2013
Jive Software Inc. (JIVE)
Jive Software isn’t making its investors dance today, down 21.32% at $13.43. The social business software company saw its shares drop after releasing earnings and cutting guidance. For the quarter, Jive had a net loss of $17.8 million, or $0.27 per share. That compares with a... Read More
July 30, 2013
Potash Corp. of Saskatchewan Inc. (POT)
Potash is stinking up the market today, down 16.49% at $31.65. The fertilizer company saw its shares drop after news that Russia’s Uralkali, the world’s largest potash producer, broke up a cartel with Belarus that controlled about 43% of global exports. Uralkali is making... Read More
July 29, 2013
Dataram Corporation (DRAM)
Dataram is getting rammed today, down 33.83% at $3.11. The large capacity memory company saw its shares get crushed after releasing full year and fourth quarter earnings. Revenue for the fourth quarter and full year were $6.2 million and $27.6 million respectively. That compares to $7.0 million... Read More
July 26, 2013
Expedia Inc. (EXPE)
Expedia is a bad trip for investors today, down 27.39% at $47.20. The online travel company saw its shares fall after a big miss on earnings for the second quarter. Expedia management announced an EPS of $0.64 on revenue of $1.21 billion. Wall Street analysts were... Read More
July 23, 2013
Computer Task Group Inc. (CTG)
Computer Task Group is crashing today, down 24.14% at $18.16. The information technology company saw its shares fall after announcing earnings for the second quarter. Computer Task management announced a revenue of $107.1 million, missing analysts’ expectations of $111.9 million. Furthermore, gross margin was 40... Read More
July 22, 2013
Tower International Inc. (TOWR)
Tower International is crumbling today, down 13.65% at $19.86. The auto part maker released great earnings which beat expectations, however it is trading lower on news that one of the largest holder of the stock will start to take profits. Cerberus Capital Management bought Tower out... Read More
July 18, 2013
The Sherwin-Williams Company (SHW)
Sherwin-Williams is painting its shares red today, down 8.37% at $167.86. The paint and coating company saw its shares fall after announced disappointing second quarter results and said that its bid to acquire a Mexican company was rejected by antitrust regulators. For the second quarter, Sherwin... Read More
July 17, 2013
Zagg Inc. (ZAGG)
Zagg Inc. is zig-zagging its way lower today, down 17.06% at $4.86. The mobile accessory company saw its shares drop after it slashed its second quarter revenue outlook. Zagg said it expects revenue of $51 million, compared to the $57.5 million expected by analysts. The company blamed... Read More
July 16, 2013
Heidrick & Struggles International Inc. (HSII)
Heidrick & Struggles is struggling today, down 17.25% at $14.78. The executive search and leadership consulting company saw its shares fall when, ironically, their CEO decided to step down. The only news surrounding CEO Kevin Kelly stepping down was Heidrick & Struggles... Read More
July 15, 2013
Wi-Lan Inc. (WILN)
Wi-Lan is trading into the red today, down 31.99% at $3.21. The communication and consumer electronic company saw its shares crash after news of its litigation verdict. Wi-Lan announced that a trial jury in ongoing litigation against Alcatel-Lucent USA Inc., Ericsson Inc., HTC Corporation and... Read More
July 11, 2013
RadioShack Corp. (RSH)
RadioShack is getting crushed today, down 7.07% at $2.63. The electronic retailer saw its shares trade into the red after news was released that the company was considering hiring an outside source to help fix the company’s balance sheet. An unnamed source close to the company said... Read More
July 10, 2013
Rackspace Hosting Inc. (RAX)
Rackspace Hosting is falling from the cloud today, down 6.84% at $38.93. The cloud computing services company saw its shares fall after news that Amazon was cutting its cloud products by up to 80%! That’s a large price cut, even by Amazon’s standards; investors realize it... Read More
July 9, 2013
Intuitive Surgical Inc. (ISRG)
Intuitive Surgical is cutting through its share price today, down 16.15% at $419.30. The robotic surgery company saw its shares crash after releasing its second quarter forecast. Intuitive Surgical said it believes its quarterly revenue will grow 6%t to $575 million. That’s about $50 million less... Read More
July 8, 2013
Natus Medical Inc. (BABY)
Natus Medical is not nourishing its investors today, down 13.37% at $12.38. The newborn care company saw its shares fall after disappointing preliminary revenue figures for the second quarter. Natus announced that it expects $81 million to $82 million in sales compared to its previous guidance... Read More
July 5, 2013
World Acceptance Corp. (WRLD)
World Acceptance Corp is not be accepted by investors today, down 11.86% at $78.19. The small business loan company saw its shares fall after it announced it would delay the release of its 10k financial statement. The reason for the delay was said to be due... Read More
July 2, 2013
Linn Energy LLC (LINE)
Linn Energy is getting crushed today, down 18.74% at $27.05. The oil and natural gas limited partnership saw its shares get crushed after news the SEC was investigating the company. The SEC has begun a private party investigation of the company and requested... Read More
June 28, 2013
Blackberry Inc. (BBRY)
Blackberry is leaving a sour taste in investor’s mouths today, down 27.70% at $10.47. The mobile phone company saw its shares drop its newest cell phone, Blackberry 10, sales fell short of estimates. BlackBerry 10 smartphones amounted to about 40% of total smartphone shipments; which would equate... Read More
June 27, 2013
Tremor Video Inc. (TRMR)
Tremor Video is struggling on its first day of trading, down 15.00% at $8.50. The company provides an in-stream video ad network for internet-connected devices like computers, smartphones and tablets. The company was able to raise $75 million in its IPO today; however shares slipped... Read More
June 26, 2013
Newmont Mining Corporation (NEM)
Newmont Mining looks like fool’s gold today, down 5.91% at $27.22. The gold mining company saw its shares fall as gold prices continued their downward skid. Gold fell $45.30 an ounce today for two reasons, one the dollar showed gains, two investors fear the Fed will... Read More
June 24, 2013
Walter Energy Inc. (WLT)
Walter Energy is burning investors today, down 16.15% at $10.60. The coal producer and exported saw its shares fall on worries of the Chinese economy and possible regulations on coal-fired power plants in the US. The worries of a slowing Chinese economy are coming off of... Read More
June 12, 2013
First Solar Inc. (FSLR)
First Solar is burning up today, down 10.48% at $46.81. The solar panel company saw its shares fall after it announced it would sell more shares. Last night First Solar management said that it would sell 8.5 million new shares of its stock for “general corporate... Read More
June 11, 2013
Symmetry Medical Inc. (SMA)
Symmetry Medical is looking asymmetric today, down 15.16% at $7.78. The medical device and instrument company saw its shares fall after releasing its second quarter earnings and full year guidance. For the quarter, Symmetry Medical is now forecasting that the company will earn $0.06-$0.08 in span... Read More
June 10, 2013
Titan International Inc. (TWI)
Titan International is looking weak today, down 13.62% at $17.89. The off-highway vehicle company saw its shares fall after it was downgraded by William Blair and Jefferies. William Blair downgraded Titan International to Market Perform from Outperform citing weakness in the mining tire market outlook. The... Read More
June 7, 2013
Quiksilver Inc. (ZQK)
Quiksilver is quickly moving lower today, down 10.95% at $6.83. The apparel company saw its shares fall after weak second quarter earnings. Quiksilver reported a loss of $32.4 million or $0.19 per share, for the quarter ended April 30. It lost $5.1 million, or $0.03 per share,... Read More
June 6, 2013
VeriFone Systems Inc. (PAY)
VeriFone Systems is getting its card declined today, down 20.87% at $17.37. The electronic payment company saw its shares fall after worse than expected earnings. Revenue in the second quarter came in at $430 million, and net income per share was announced at $0.42. Both revenue... Read More
June 5, 2013
Trina Solar Limited (TSL)
Trina Solar is flaring up today, down 8.73% at $5.60. The solar panel company saw its shares crash after news that European Union will initiate new tariffs on PV panels. The tariff which begins on June 6th, is an 11.8% duty on all crystalline silicon photovoltaic... Read More
June 4, 2013
Pluristem Therapeutics Inc. (PSTI)
Pluristem is trading in the red today, down 14.07% at $2.87. The cell therapy company saw its shares fall after news that the FDA put the Pluristem’s clinical trial on hold. Pluristem management said that its muscle pain clinical trial was put on hold by... Read More
June 3, 2013
Pandora Media Inc. (P)
Pandora Media is silencing its investors today, down 10.58% at $15.22. The online music streaming company saw its shares fall after Apple announced it would release a competing service. Apple is pushing to complete licensing deals with music companies before it debuts a new Internet radio service.... Read More
May 31, 2013
Uni-Pixel Inc. (UNXL)
Uni-Pixel is continuing its downward spiral today, down 23.15% at $15.20. The display and touch screen company has been plummeting over the past few weeks. Uni-Pixel shares have dropped over 40% in last month with the majority of the fall coming in the last two weeks. The... Read More
May 30, 2013
Big Lots Inc. (BIG)
Big Lots is not doing well today, down 8.99% at $34.93. The closeout retail company saw its shares plummet on worse than expected outlook. In the current quarter, Big Lots sees adjusted EPS in the range of $0.17 to $0.27, which would be down from... Read More
May 29, 2013
MRC Global Inc. (MRC)
MRC Global is trading in the red today, down 14.14% at $28.50. The pipe, valve, and fittings company saw its shares fall after news that line pipe sales missed expectations. MRC disclosed that its line pipe sales in April and May would be... Read More
May 28, 2013
Cleantech Solutions International Inc. (CLNT)
Cleantech is looking a little dirty today, down 16.93% at $6.38. The forged ring company saw its shares decline after a large run last week. Cleantech is a micro-cap company that made a huge run last week, from $3.68 a share to $10.38 per share.... Read More
May 24, 2013
P&G (PG)
Boring is beautiful. Consumer staples sector was the lone exception as the group spent the entire day in positive territory thanks to the relative strength of Dow component Procter & Gamble (PG 81.89, +3.19). The second-largest staple stock advanced 4.1% after the company reaffirmed its fourth quarter guidance... Read More
May 23, 2013
Cirrus Logic Inc. (CRUS)
Cirrus Logic is making investors question their logic for purchasing the company, with shares down 19.44% at $17.78. The semiconductor (for audio purposes) saw their shares get crushed after Cirrus held an investors conference. At the Barclays tech conference, Cirrus Logic CEO Jason Rhode gave... Read More
May 22, 2013
Target Corp. (TGT)
Target is taking bullets today, down 4.02% at $68.40. The general merchandise store saw its shares drop after missing on first quarter earnings. Target reported a 29 percent drop in first-quarter profits, citing cooler spring weather and consumer financial pressures (such as higher payroll tax) as sources... Read More
May 21, 2013
Hhgregg Inc. (HGG)
Hhgregg is trading lower today, down 12.81% at $13.61. The television, appliance, computer, and consumer electronics company saw its shares fall on weak fourth quarter revenues. Hhgregg said late Monday that it earned $9.9 million, or $0.31 per share. Analysts expected earnings of $0.29 per share. Revenue... Read More
May 20, 2013
Team Inc. (TISI)
Team Inc. is falling apart today, down 16.92% at $35.10. The high temperature and high pressure piping company saw its shares trade in the red after Team released a forecast for its fourth quarter. For the company’s fourth quarter, management sees earnings between $0.52 and $0.60 per... Read More
May 17, 2013
Uni-Pixel Inc. (UNXL)
Uni-Pixel Inc. is shattering today, down 26.00% at $27.19. The glass display and touch screen company saw its shares fall after an article published by Barron’s. The article in Barron’s was published last weekend but is affecting the stock today, with investors fleeing as the stock began... Read More
May 16, 2013
Advanced Micro Devices Inc. (AMD)
Advanced Micro Devices is trading lower today, down 12.56% at $3.83. The microchip maker is trading in the red after Goldman Sachs hurt the company with a downgrade. Goldman downgraded AMD after the company had made a great run over the last week. Goldman’s... Read More
May 15, 2013
The ExOne Company (XONE)
ExOne is trading into the red today, down 15.41% at $41.11. The 3D printer and material company saw its shares fall around $7.50 per share after releasing its earnings. For the first quarter, ExOne posted a loss of $1.9 million, or $0.20 per share. That compares... Read More
May 14, 2013
Trina Solar Limited (TSL)
Trina Solar is burning up today, down 8.77% at $5.41. The Chinese solar-panel company saw its shares fall after reducing its first quarter shipping forecast. Trina now expects solar module shipments between 390 megawatts and 400 MW, compared with its previous guidance of 420 MW to... Read More
May 13, 2013
Barnes & Noble Inc. (BKS)
What the market gives, that market takes away. Barnes and Noble was up big last week on rumors that Microsoft wanted to but the company’s Nook. Today, B&N shares are down 9.48% at $21.10 after those rumors were hushed. A new report released today stated... Read More
May 10, 2013
Affymax Inc. (AFFY)
Affymax is continuing its decline, down 25.41% at $1.35. The biopharmaceutical company saw its shares fall after management announced it might be unable to continue operations. Affymax said it has experienced significant operating losses since inception. The recall of Omontys has severely harmed its business, financial condition,... Read More
May 9, 2013
Rackspace Hosting Inc. (RAX)
Rackspace Hosting is getting crushed today, down 24.68% at $39.35. The cloud computing company saw its shares trade in the red today after releasing their earnings. For the first quarter, Rackspace announced an EPS of $0.19 on revenue of $362.2 million versus analysts’ estimates of... Read More
May 8, 2013
Fusion-io Inc. (FIO)
Fusion-io is getting crushed today, down 18.94% at $14.59. The storage memory company saw it shares drop as much as 27% intraday after shocking news. CEO and co-founder David Flynn abruptly stepped down alongside his fellow co-founder Rick White in order to “pursue entrepreneurial investing activities.”... Read More
May 7, 2013
Ruckus Wireless Inc. (RKUS)
Ruckus Wireless is creating a ruckus today, down 26.21% at $14.02. The Wi-Fi solutions company saw its shares disconnect after missing on earnings and lowering outlook. For the quarter, Ruckus saw profits drop a jaw-dropping 92%. Needless to say, the company missed earnings across the board.... Read More
May 3, 2013
LinkedIn Corporation (LNKD)
LinkedIn is facing its largest down days this year, down 12.96% at $175.54. The online professional network company saw its shares trade into the red after releasing its outlook. LinkedIn expects second-quarter revenue between $342 million and $347 million, analysts’ forecasts were for $360 million. Furthermore, full... Read More
May 2, 2013
Boston Beer Co. Inc. (SAM)
Boston Beer Co. is killing its investors buzz today, down 11.67% at $146.65. The brewing company saw its shares fall after it released its first quarter earnings. Boston Beer reported net income of $6.9 million, or $0.51 per share. That is down from $7.5 million... Read More
May 1, 2013
Cray Inc. (CRAY)
Cray Inc. is going to be driving investors “Cray-z” today with shares down 17.01% at $17.56. The high-performance computing system company saw its shares crash after releasing earnings. Although earnings slightly beat analyst estimates the steep decline has scared investors away. For the quarter, Cray announced $79.5... Read More
April 30, 2013
Pitney Bowes Inc. (PBI)
Pitney Bowes is having a glitch today, down 15.62% at $13.67. The software and hardware company saw its shares crash after news that it would cut its dividend. Pitney Bowes announced that it would cut its dividend 50% in order to pay down debt. The new... Read More
April 29, 2013
Choice Hotels International Inc. (CHH)
Choice Hotels International is trading in the red today, down 10.55% at $40.52. The hotel franchisor saw its shares fall out of bed after releasing earnings. For the quarter, Choice Hotels announced earnings of $0.26 per share which missed analyst estimates of $0.27 per share.... Read More
April 26, 2013
PerkinElmer Inc. (PKI)
PerkinElmer is trading lower today, down 11.96% at $30.35. The company, which offers products and services for laboratories, saw its shares fall after it missed on earnings. PerkinElmer announced revenue of $505.4 million and earnings per share of $0.36. Both numbers missed analysts’ forecast of $534 million... Read More
April 24, 2013
Edwards Lifesciences Corp. (EW)
Edwards Lifesciences is giving its investors a heart attack today, down 21.99% at $64.60. The heart disease (technology treatment) company saw its shares lose nearly a quarter of their value after missing on earnings expectations. For the quarter Edwards Lifesciences announced an EPS of $0.72 on... Read More
April 23, 2013
Arch Coal Inc. (ACI)
Arch Coal is burning its investors today, down 6.54% at $4.57. The steam and metallurgical coal company saw its shares fall after a poor first quarter earnings report. Arch Coal announced a loss of $70 million, or $0.33 per share. For the same quarter last year... Read More
April 22, 2013
First Advantage Bancorp (FABK)
First Advantage Bancorp has no advantage today, down 11.13% at $11.26. The bank holding company saw its shares fall after news that the company would cease to trade on the Nasdaq on May 10th. First Advantage released a statement stating that it would go private and... Read More
April 19, 2013
International Business Machines Corp. (IBM)
IBM is dragging the entire Dow Jones down today, with shares trading down 8.27% at $190.02. The information technology company saw its shares fall after a rare miss on earnings. IBM announced revenue of $23.41 billion, or $3.00 per share. Analysts’ were expecting... Read More
April 18, 2013
Nokia Corporation (NOK)
Nokia dropped its call today, down 11.70% at $3.16. The cell phone company saw its shares lose service after reporting its first-quarter earnings. For the quarter, Nokia announced revenue was $7.7 billion, which equates to a loss of $0.07 per share. The loss comes from total smartphone... Read More
April 17, 2013
Textron Inc. (TXT)
Textron is falling out of the sky today, down 13.44% at $25.41. The aircraft and defense company saw its shares stall out after it announced a miss on earnings and lowered its forecast. For the quarter, Textron stated it earned $0.40 per share on revenue of $2.86... Read More
April 16, 2013
Pep Boys- Manny, Moe & Jack (PBY)
Pep Boys “does everything for less;” including trading its shares which are down 5.69% at $10.61. The automotive repair and maintenance company saw its shares fall after releasing its fourth-quarter earnings. For the quarter, Pep Boys announced a loss of $14.5 million, or... Read More
April 15, 2013
SPDR Gold Shares (GLD) and Gold Commodity
Are gold stocks actually fool’s gold? SPDR Gold ETF took quite a hit today, down 8.82% at $131.25. The ETF which tracks the commodity dropped as gold continued its downward spiral. Between Friday and today gold has had its... Read More
April 12, 2013
Infosys Ltd. (INFY)
Infosys is getting crushed today, down 20.83% ay $43.02. The business consulting and technology company saw its shares fall after releasing its quarterly earnings and lowered full-year guidance. Revenue for the quarter came in at $1.94 billion missing analyst estimates of $1.99 billion. The miss on earnings... Read More
April 11, 2013
Hewlett-Packard Company (HPQ)
Hewlett-Packard is short circuiting today, down 6.47% at $20.88. The computer company saw its shares slide lower after the IDC released PC sale data. For the first quarter PC sales(across all companies) fell 14% compared to the same period last year. That decline is the largest... Read More
April 10, 2013
Health Management Associates Inc. (HMA)
Health Management is making its investors feel nauseous today, down 16.36% at $10.53. The hospital and care facility operator saw its shares flat line after lowering its full year forecast. Management now sees full-year operating EPS of $0.86-$0.95 on revenue of $6.8 billion-$7 billion,... Read More
April 9, 2013
J.C. Penney Company Inc. (JCP)
J.C. Penney is continuing its downward spiral today, down 12.29% at $13.92. The retail company saw its shares drop after news that the company fired its CEO Ron Johnson. Johnson was brought in just over a year ago to help shake up the company... Read More
April 8, 2013
Global-Tech Advanced Innovations Inc. (GAI)
Global-Tech is short-circuiting today, down 17.14% at $6.72. The consumer electrical product company saw its shares “shock” investors after announcing its third quarter results. For the third quarter (2013), net sales were $20.6 million, compared to $22.3 million for the corresponding quarter in fiscal 2012.... Read More
April 5, 2013
Radware Ltd. (RDWR)
Radware Ltd has investors calling it REDware today, with shares trading down 22.70% at $29.05. The network security company saw its shares crash after news that the company lowered its first quarter earnings and revenue. Radware management said that it now expects earnings of $0.30 per share,... Read More
April 3, 2013
Global Payments Inc. (GPN)
Global Payments had its card declined today, with shares down 9.18% at $44.51. The electronic payment company saw its shares fall after the company announced it missed on earnings. For the third quarter, Global Payments said its net income rose nearly 4% to $67.9 million, or... Read More
April 2, 2013
Nordic American Tankers Limited (NAT)
Nordic American Tankers is sinking today, down 10.62% at $9.85. The company which leases shipping tankers saw its shares trade in the red after a secondary common stock offering. Nordic management announced that it would sell an additional 9.75 million shares in a secondary offering.... Read More
April 1, 2013
Panasonic Corporation (PC)
Panasonic is trading in the red today, down 8.46% at $6.71. The electronic company saw its shares fall due to two significant reasons. First, Panasonic announced that it would be delisted from the New York Stock Exchange (NYSE). The delisting is voluntary, and the company says the... Read More
March 28, 2013
PVH Corp. (PVH)
PVH is dressing in red today, down 5.36% at $106.75. The apparel retailer saw its shares crash after the company released news regarding an acquisition and announced its 2013 outlook. PVH announced that its recent acquisition of The Warnaco Group (Calvin Klein clothing) will... Read More
March 27, 2013
Cliffs Natural Resources Inc. (CLF)
Cliffs Natural Resources is falling apart today, down 13.82% at $18.47. The iron ore company saw its shares fall nearly $3.00 today after Wall Street downgraded the company. Wall Street analysts downgraded the company from equal-weight to underweight. Along with the downgrade, Morgan Stanley cut... Read More
March 26, 2013
Reeds Inc. (REED)
Reeds lost its fizz today down, 6.38% at $4.26. The non-alcoholic beverage company saw its shares go flat after releasing its 2012 full year earnings. Reeds showed some improvement with revenues increasing 20% to $30 million. However, the company was still unable to turn a profit and... Read More
March 25, 2013
eBay Inc. (EBAY)
eBay is auctioning off its shares at a discount today, down 3.68% at $51.31. The online auction site saw its shares decline after continued worry from investors regarding the company’s PayPal unit. The worry surrounding PayPal stems from new fees being charged by Visa and Mastercard and... Read More
March 22, 2013
TIBCO Software Inc. (TIBX)
TIBCO Software is trading in the red today, as they are currently at $19.70, which is down 15%. This cloud platform provider’s fiscal first-quarter earnings also dropped 54%, “primarily on execution-related” problems. CEO, Vivek Ranadive, believes the problems at TIBCO... Read More
March 21, 2013
Scholastic Corporation (SCHL)
Scholastic Corporation is not doing too hot today, as they are down nearly 15% trading at $26.49. The children’s publishing, education, and media company saw a huge decline in their shares after reporting a third quarter loss which nearly doubled. The biggest impact of this... Read More
March 20, 2013
FedEx Corporation (FDX)
FedEx might see some of their shareholders ship out today, as they’re down 5.3% at $100.82 midday today. The transportation, e-commerce, and business services company also announced their awful third quarter performance, where their profit fell 31%. This decline occurred because customers shifted towards slower,... Read More
March 14, 2013
E*Trade Financial Corporation (ETFC)
E*Trade is trading in the red today, down 8.21% at $10.85. The online brokerage company saw its shares crash after news that one of its largest shareholders was bailing. The hedge fund, Citadel, reveled Wednesday that it was selling off its entire stake in E*Trade. Citadel... Read More
March 13, 2013
Dole Food Company Inc. (DOLE)
Dole is making its investors go banana’s today, down 9.12% at $10.66. The fresh fruit and vegetable company saw its shares fall after releasing earnings late Tuesday. For the quarter, Dole announced an adjusted loss of $0.59 per share. Revenue dropped 8 percent to $888... Read More
March 12, 2013
Red Hat Inc. (RHT)
Red Hat shares are trading in the red today, down 4.74% at $50.62. The software company saw its shares crash after being downgraded. Citi analyst, Walter Pritchard, downgraded the company from buy to neutral and cut his price target by $8.00 down to $56.00. Pritchard stated... Read More
March 11, 2013
Dick’s Sporting Goods Inc. (DKS)
Dick’s Sporting Goods is striking out today, down 10.85% at $45.11. The sporting goods retailer saw shares drop after reporting lower than expected earnings. For the fourth quarter, Dick’s announced that net income was $129.7 million or $0.88 per share, which missed analyst estimates of... Read More
March 8, 2013
Skullcandy Inc. (SKUL)
Skullcandy isn’t leaving a sweet taste in investors mouth’s today, down 22.47% at $5.21. The headphone and audio company saw its shares fall after a few intertwined factors. First, Skullcandy announced that it would likely incur losses during the first quarter due to declining sales. Secondly, the... Read More
March 7, 2013
PetSmart Inc. (PETM)
PetSmart is falling today, down 6.57% at $62.18. The pet supply company saw its shares crash after releasing a weak forecast for this year. PetSmart management said that it expects to earn $3.76 to $3.92 per share for 2013. Analysts’ were expecting the company to earn... Read More
March 6, 2013
American Eagle Outfitters Inc. (AEO)
American Eagle isn’t flying high today, down 10.20% at $20.25. The apparel retailer saw its shares crash after releasing their fourth quarter earnings and their first quarter forecast. American Eagle announced that fourth quarter earnings jumped 57% to $0.55 per share, missing analysts’ estimates... Read More
March 5, 2013
Impax Laboratories Inc. (IPXL)
Impax Labs is getting crushed today, down 26.00% at $14.80. The biopharmaceutical company saw shares fall after announcing an update on the FDA’s inspection of the company’s facility. The FDA inspected Impax’s Hayward, California facility and found 12 points of concern. Three of these... Read More
March 1, 2013
Atlantic Power Corporation (AT)
Atlantic Power looks like some of its lines fell down with shares dropping 28.59% at $7.12. The power generation and infrastructure company saw its share crash after cutting its dividend and announcing shareholder rights plan. Atlantic Power cut its dividend by 65 percent down to $0.033, starting... Read More
February 28, 2013
J.C. Penney Company Inc. (JCP)
J.C. Penney is getting beat up once again, down 16.97% at $17.57. The retail company saw its shares get crushed after a massive loss for its fourth quarter. J.C. Penney announced a loss of $552 million or $2.51 per share for the quarter. Management... Read More
February 26, 2013
Vitamin Shoppe Inc. (VSI)
Vitamin Shoppe is not looking healthy today, down 18.64% at $51.44. The nutritional product company saw shares crash after missing analyst estimates for earnings. For the quarter, revenue was announced at $218.9 million missing analyst forecast of $223.6 million. Earnings per share was $0.32, which... Read More
February 25, 2013
Affymax Inc. (AFFY)
Affymax is getting destroyed today, down 85.23% at $2.44. The biopharmaceutical company saw its shares lose over $14 per share today after a drug recall. Affymax recalled its anemia drug, Omontys, after the FDA found that three deaths have already been caused by a lethal allergic... Read More
February 22, 2013
Abercrombie & Fitch Co. (ANF)
Abercrombie & Fitch is being torn up like their jeans today, down 4.53% at $46.83. The apparel company saw its shares crash after the company released a poor quarterly forecast. Abercrombie management said that it was expecting a loss for the first quarter this year.... Read More
February 21, 2013
VeriFone Systems Inc. (PAY)
VeriFone’s card is being declined today, down 42.80% at $18.24. The electronic payment service company saw its shares crash after profit forecasts trailed analyst estimates. VeriFone announced that they were expecting earnings for the quarter ending in April to be between $0.45 and $0.50 per share.... Read More
February 20, 2013
Office Depot Inc. (ODP)
Office Depot is writing in red today, down 16.73% at $4.18. The office supply company fell after news that the company would not combine forces with Office Max. Instead a statement was accidently released stating that Office Depot was planning on buying out Office Max for... Read More
February 19, 2013
Humana Inc. (HUM)
Humana is making investors feel sick today, down 6.46% at $72.95. The health care and insurance company saw its shares fall around $5.00 after the proposed Medicare cuts. The Centers for Medicare and Medicaid released news that they would cut reimbursement rates for insurers. Humana management said... Read More
February 15, 2013
eHealth Inc. (EHTH)
eHealth is making investors feel sick today, down 22.40% at $19.71. The internet-based health insurance company saw its shares after a miss on its fourth quarter earnings. For the quarter, eHealth reported an adjusted profit of $0.18 per share on revenue of $45.1 million. The company’s numbers... Read More
February 14, 2013
Whole Foods Market Inc. (WFM)
Whole Food’s shares are rotting away today, down 9.96% at $87.25. The organic supermarket chain saw its shares fall after management released their 2013 outlook. Whole Foods now expects revenue to climb around 10 percent for 2013, down from its previous view of 12 percent.... Read More
February 13, 2013
Rackspace Hosting Inc. (RAX)
Rackspace is free falling today, down 19.72% at $60.19. The cloud computing company saw its shares drop after a miss on its fourth quarter earnings. Rackspace announced revenue of $352.9 million or $0.21 per share for its fourth quarter. The reported numbers missed analyst estimates of... Read More
February 12, 2013
The Valspar Corporation (VAL)
Valspar is painting itself red today, down 7.44% at $61.95. The paint and coatings company saw its shares fall after the company missed estimates on its earnings. Valspar announced that it earned $55 million, or $0.60 per share for the period ended January 25th. Analysts were... Read More
February 11, 2013
Novo Nordisk A/S (NVO)
Novo Nordisk is burning up today, down 13.97% at $165.42. The international healthcare and pharmaceutical company saw its shares crash after the FDA rejected two of the company’s drugs. The FDA declined approval for Tresiba and Ryzodeg, both of which are insulin related. The... Read More
February 8, 2013
Moody’s Corp. (MCO)
Moody’s is putting investors in a bad mood today, down 7.73% at $43.36. The credit rating company saw its shares fall on continued worries regarding a lawsuit. Moody’s is under investigation by the Department of Justice regarding pre-financial crisis ratings which did not show how bad the... Read More
February 7, 2013
Akamai Technologies Inc. (AKAM)
Akamai is falling from its cloud today, down 15.20% at $35.26. The cloud infrastructure company saw shares crash after missing on revenue in its earnings. For the fourth quarter, Akamai announced that revenues increased 17% to $378 million. Although this is a good increase in revenue... Read More
February 6, 2013
CH Robinson Worldwide Inc. (CHRW)
CH Robinson Worldwide is crashing today, down 9.71% at $60.50. The freight and logistics company saw its shares fall after missing on its earnings report. CH Robinson had a fourth quarter profit of $0.68 per share which missed analyst estimates of $0.70 per share. The... Read More
February 5, 2013
Arch Coal Inc. (ACI)
Arch Coal is imploding today, down 12.91% at $6.04. The coal production company saw its shares burn up after it missed on earnings. For the fourth quarter, Arch Coal lost $295.4 million or $1.39 per share. That compares with a profit of $70.9 million or $0.33... Read More
February 4, 2013
The McGraw-Hill Companies Inc. (MHP)
McGraw-Hill is trading in the red today, down 13.34% at $50.56. The financial information service company saw shares crash after the S&P confirmed its Department of Justice lawsuit. McGraw-Hill said the Justice Department has plans for A CDO-ratings civil suit. The Justice Department is... Read More
February 1, 2013
Life Time Fitness Inc. (LTM)
Life Time Fitness is losing weight today, down 22.39% at $39.37. The fitness center company saw its share crash diet after a poor forecast. Life Time announced that it expected earnings for 2013 to be $2.85 to $2.95 per share on revenue of $1.2... Read More
January 31, 2013
Celsion Corp. (CLSN)
Celsion is getting crushed today, down 81.17% at $1.51. The chemotherapy drug company saw its shares get demolished after negative news regarding its clinical trial. Celsion announced that its experimental liver cancer therapeutic, ThermoDox, failed to meet its phase 3 endpoint. ThermoDox is being tested for... Read More
January 30, 2013
Spansion Inc. (CODE)
Spansion is short circuiting today, down 10.86% at $11.74. The flash memory semiconductor company saw its shares fall after releasing disappointing earnings. The company posted a net profit of $6.9 million or $0.11 per share for the quarter. The adjusted net profit of $0.34 per share which... Read More
January 29, 2013
VMware Inc. (VMW)
VMware is falling out of its cloud today, down 21.45% at $77.23. The cloud infrastructure company saw its shares drop after the company released news regarding a restructuring. VMware management stated that the company would lay off 900 workers, and take on a charge of around... Read More
January 28, 2013
3D Systems Corp. (DDD)
3D Systems is crashing and burning today, down 13.93% at $59.54. The 3D printing company saw shares fall nearly $10.00 after a negative article was released. An article released by Seeking Alpha said the stock may be overvalued and that the company faces stiffer competition.... Read More
January 25, 2013
Joy Global Inc. (JOY)
Joy Global investors are not experiencing joy today, with shares down 4.14% at $63.21. The mining equipment company saw shares crash after the company was downgraded late yesterday. Susquehanna downgraded Joy from Positive to Neutral. Investors took notice of the downgrade and moved money out... Read More
January 24, 2013
Apple Inc. (AAPL)
The Apple is rotten today, down 12.36% at $450.46. The tech giant saw its shares short circuit today after an earnings report was released. For the company’s first-quarter, profit rose less than 1% to $13.1 billion, or $13.81 a share. Furthermore, sales climbed 18% to $54.5... Read More
January 23, 2013
Coach Inc. (COH)
Coach is not looking fashionable today, down 16.25% at $50.82. The designer retail company saw its shares come unzipped after it released its earnings. Coach said its second earnings rose 23% to $1.23 per share on sales of $1.5 billion. Analysts were expecting $1.28 on sales of... Read More
January 22, 2013
Arena Pharmaceuticals Inc. (ARNA)
Arena is losing weight today, down 9.72% at $8.82. The obesity pill manufacturer saw its shares slip after news the FDA raised questions regarding its safety. The FDA allowed Arena to move forward with trails of its drug, Belviq, last year. The company still... Read More
January 17, 2013
Williams-Sonoma Inc. (WSM)
Williams-Sonoma is burning its share price today, down 5.22% at $44.67. The home products and cookware company saw its shares fall after releasing its holiday sales and forecast. Williams-Sonoma expects to earn $1.21 to $1.28 per share for its fourth quarter on revenue of $1.36 billion to... Read More
January 16, 2013
Chipotle Mexican Grill (CMG)
Chipotle is getting grilled today, down 5.48% at $281.03. The Mexican restaurant saw its shares crash after warning about its fourth quarter earnings. Chipotle is expecting fourth quarter earnings of $1.92-$1.97 per share, well below analyst estimates of $2.09 per share. Furthermore, food costs are expected... Read More
January 15, 2013
Yelp Inc. (YELP)
Yelp investors need help today with shares down 5.92% at $20.67. The online urban city guide allows users to connect with other users to find place to eat, shop, drink, and relax. Yelp saw shares fall after Facebook released a new service that will allow for users... Read More
January 14, 2013
hhGregg Inc. (HGG)
HhGregg Inc. is getting burned today, down 5.70% to $7.44. The appliance, home furnishing, and electronics company saw its shares trade down after net sales declined last quarter. Hhgregg reported that net sales for the company’s third quarter were $799.6 million, down 3.6 percent. Furthermore, comparable store... Read More
January 11, 2013
Perrigo Co. (PRGO)
Perrigo is trading lower today, down 5.79% to $103.85. The generic pharmaceutical company saw its shares begin to dissolve after a downgrade. Goldman Sachs downgraded Perrigo from neutral to sell, citing the potential for slower growth during the next few quarters. Goldman also lowered its price target... Read More
January 10, 2013
Molycorp Inc. (MCP)
Molycorp is in the red today, down 22.80% at $8.33. The rare earth mineral company saw shares crash after the company slashed its 2013 outlook. Based on a revised schedule, and drops in prices of rare earth materials, Molycorp said it expects its revenue and cash flow... Read More
January 9, 2013
Apollo Group Inc. (APOL)
Apollo Group is crashing back to earth today, down 7.74% at $19.32. The online and on-campus educational provider saw shares fall after worse than expected earnings. Apollo’s net income dropped 10.59% year over year to $1.18 per share. Furthermore, revenue fell 6.68% year over year to... Read More
January 8, 2013
GameStop Corp. (GME)
GameStop management should stop playing games because its stock is falling today. Shares fell 6.30% to $23.19 after the company reported worse than expected holiday sales. GameStop said that for the 9-week holiday period, total sales were $2.88 billion down 4.6% from the same period last year.... Read More
January 4, 2013
Finish Line Inc. (FINL)
Finish Line is going to finish last today, down 8.25% at $17.47. The shoe and apparel retailer saw its shares trip over its shoe laces after releasing earnings. Finish Line reported that net income fell to $0, or $0.00 per share, down from $0.11 per share... Read More
January 3, 2013
Family Dollar Stores Inc. (FDO)
Family Dollar is finding it hard to make a buck today, down 13.16% at $55.61. Shares of the discount retailer dropped after the company released earnings. Family Dollar announced that net income fell to $80.3 million, or $0.69 per share, for the last fiscal quarter.... Read More
January 2, 2013
Dole Food Company Inc. (DOLE)
Dole Foods is not looking fresh today, down 13.60% at $9.91. The fresh fruit and vegetable company saw its shares fall after releasing their 2013 forecast. Dole expects to report full year earnings of $150-170 million, which is well below analysts’ estimates. Janney Montgomery Scott... Read More
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