وأسهم هابطة ولماذا؟

الموضوع في 'السوق الأمريكي للأوراق الماليه' بواسطة أبو وليد, بتاريخ ‏10 يناير 2002.

  1. أبو وليد

    أبو وليد عضو جديد

    التسجيل:
    ‏9 نوفمبر 2001
    المشاركات:
    147
    عدد الإعجابات:
    0
    Decliners

    Ariad Pharmaceuticals (ARIA: news, chart, profile) sank more than 12 percent after the Cambridge, Mass., firm filed a shelf registration statement with the Securities and Exchange Commission for the sale of up to 3 million of its common shares. The company said it has no current plans to offer or sell any of the shares.

    Charter Communications (CHTR: news, chart, profile) fell more than 10 percent after Morgan Stanley lowered its rating on the company's shares to "outperform" from "strong buy" due to "higher risk in short-term growth levels." The firm said it doesn't expects Charter's market price to reflect a five-year EBITDA (earnings before interest, taxes, depreciation and amortization) compounded annual growth rate of 13 to 14 percent until the second half of 2002, which is when it expects growth rates to rebound.

    Corixa (CRXA: news, chart, profile) tumbled more than 19 percent after the biotech firm announced a regulatory review of its experimental cancer treatment would be delayed. The company said it had been planning for a U.S. Food and Drug Administration advisory panel to review Corixa's Bexxar treatment for non-Hodgkin's lymphoma at a meeting next month. But Corixa said the FDA has decided not to review the drug at that meeting. Corixa said the advisory panel is scheduled to meet again in June, but the agenda for that meeting hasn't yet been established.

    Ford Motor (F: news, chart, profile) lost more than 7 percent after UBS Warburg lowered its recommendation on the company's shares to "reduce", telling clients it expects Ford's share price could fall below $14 this year. The automaker, which is expected to unveil a restructuring, could "well look like the GM of past decades: a company constantly readjusting cost structure to a declining market position," analyst Mark Doehla said. He expects Ford will "struggle" to show earnings per share over $2 over the next 3-4 years. "Cash burn is a large and current problem," he said. He expects GM "to maintain product momentum" over Ford over the next 2 years.

    Franklin Covey (FC: news, chart, profile) fell more than 29 percent after the professional services firm said late Wednesday that fiscal first-quarter sales fell 33 percent from the same period a year earlier to $84.3 million. Net losses attributable to common shareholders for the period were $27.8 million, or $1.40 a share, compared with last year's loss of $698,000, or 3 cents a share. The company blamed the larger losses to cancellations and postponements of business following the Sept. 11 terrorist attacks and a worsening economic environment. Franklin Covey added that it was considering cutting back, delaying or terminating its previously announced tender offer to buy 7.3 million shares of its common stock at $6 a share.

    Frontstep (FSTP: news, chart, profile) tumbled more than 23 percent after the Columbus, Ohio, business software firm said it expects second-quarter results will fall short of previous expectations. The company is projecting a loss of $2 million to $2.4 million, or 27 to 32 cents per share, on revenue of between $23 million and $23.5 million for the period. Frontstep attributed the shortfall to continued delays in closing new license agreements and sluggish demand for its professional services. It expects this performance to put it in non-compliance with certain covenants of its credit facility and that it will not have additional near-term cash availability requirements. Frontstep is currently in discussions with its primary lender, which it said it's optimistic the lender will continue to provide support. Frontstep anticipates it will be able to return profitability and positive cash flow in the June quarter.

    Gadzooks (GADZ: news, chart, profile) tumbled more than 4 percent after the company reported December same-store sales fell 2.7 percent. Total sales for the five weeks ended Jan. 5 rose 7.7 percent to $55.9 million from $51.9 million in the same period a year earlier. Based on its operating results to date, the Dallas specialty retailer expects to meet or exceed Wall Street's consensus estimate for earnings 41 cents per share in the fourth quarter.

    InterMune (ITMN: news, chart, profile) sank more than 4 percent after the company said it signed an agreement with Abbott Laboratories (ABT: news, chart, profile) to provide the bulk of the manufacturing oritavancin, an antibiotic treatment for bacterial infections. Oritavancin is expected to launch in 2005. Financial terms of the deal were not disclosed.

    JNI Corp. (JNIC: news, chart, profile) fell more than 7 percent after the company said that it expects revenue of $13 million to $14 million for the fourth quarter, down from $30.7 million a year ago. According to the company, the revenue slide resulted from the continued decline in purchases by the major server and storage manufacturers that drive the market. JNI expects to report a fourth quarter pro forma loss of between 8-9 cents a share, wider than Thomson Financial/First Call estimates of a loss of 5 cents a share.

    Kmart (KM: news, chart, profile) fell more than 7 percent after the company warned that, as a result of its December sales performance, fiscal 2002 earnings would fall short of expectations. The retailer added that it was continuing to review its liquidity position and business plan for fiscal 2002 and 2003, and is currently in discussions with its lenders regarding existing and possible supplemental financing facilities. The company said total sales for the five-week period ending Jan. 2 were $5.52 billion, roughly flat with the same period a year ago. Same-store sales for the period fell 1 percent.

    Rite Aid (RAD: news, chart, profile) lost more than 28 percent after the company said its third-quarter net loss was $113 million, or 23 cents per share, compared to $106 million, or 34 cents per share, in the year-ago period. The latest number fell short of the forecast for a loss of 14 cents per share in a survey of analysts by Thomson Financial/First Call. Same-store sales increased 6.9 percent in the period. Merrill Lynch also lowered its rating on the stock.

    SignalSoft (SGSF: news, chart, profile) tumbled more than 12 percent after the Boulder, Colo., telecommunications software firm said it plans to cut its workforce by 30 employees, reducing it to 235. The company expects to record a charge of roughly $350,000 for severance costs and outplacement services. In addition, SignalSoft said Don Winters is leaving the chief operating officer post to pursue other interests.

    Spiegel Group (SPGLA: news, chart, profile) dropped more than 5 percent after the company reported December sales dropped 17 percent to $447.8 million from $537.1 million in the same period a year earlier. For its Eddie Bauer division, the company said December same-store sales fell 21 percent. For the fourth quarter and fiscal 2001, Spiegel projected earnings will be "materially below current published analysts' estimates" due to weak sales and the further deterioration of its credit card business. Analysts polled by Thomson Financial/First Call are currently looking for profits of 17 cents a share and 2 cents a share in the respective periods.

    724 Solutions (SVNX: news, chart, profile) fell more than 11 percent after the company forecast a pro forma loss of 23 to 25 cents a share for the fourth quarter, in line with the current average estimate of analysts polled by Thomson Financial/First Call for a loss of 24 cents a share. Revenue, however, is projected to come in between $5.6 million to $6 million, below previously stated expectations for revenue of $7 million to $8 million. For the year, the provider of mobile transaction infrastructure products is projecting a pro forma loss of $1.16 to $1.18 per share on revenue of $43.6 million to $44 million. The company is also continuing its restructuring activities, which include reductions in employees, facilities, and other operating expenses.

    TiVo (TIVO: news, chart, profile) slipped more than 3 percent after the company said it sold 2,147,239 shares of its common stock for $14 million to an undisclosed institutional investor pursuant to its Dec. 21 common stock purchase agreement. The San Jose, Calif., interactive television technology firm said that the proceeds will be used to "further bolster our capital resources and provide for additional flexibility in achieving our goal of cash flow breakeven by the end of our next fiscal year."

    Toys R Us (TOY: news, chart, profile) tumbled more than 6 percent after the company said they expect to meet consensus analyst earnings expectations for the full fiscal year, following in-line holiday season sales. Analysts surveyed by Thomson Financial/First Call are expecting EPS of 93 cents for the year ending January.

    Wilson Leather (WLSN: news, chart, profile) fell more than 7 percent after the company predicts that it will break even on a per share basis. Sales for the five weeks ended Jan. 5 dropped 3.1 percent to $223.1 million, compared with $230.2 million in the year-ago period. The drop in sales was driven by the shift in the calendar and lower comparable store sales substantially offset by the effect of the Bentley's acquisition, which wasn't included in the year-ago results. Analysts polled by First Call currently expect a full-year profit of 89 cents a share.

    Michael