Posts for Ticker ‘GLBL’

The 52-Week Low Club (HIG)(CI)(AVP)(GLBL)(SYMC)(EXPE)

Sad_clownHartford Financial (HIG) Big analyst downgrade. Plunges to $8.23 from 52-week high of $98.70.

CIGNA (CI) Profit drops 53%. Stock off to $15.08 from 52-week high of $56.98.

Avon (AVP) Weak guidance. Falls to $19.85 from 52-week high of $45.34.

Global Industries (GLB) Bad earnings. Analyst downgrade. Daily double. Off to $2.27 from 52-week high of $27.06.

Symantec (SYMC) Misses on earnings and give poor outlook. Moves down to $11.85 from 52-week high of $22.80.

Expedia (EXPE) Big drop-off in its core market–travel.. Sells down to $9.66 from 52-week high of $34.66.

Douglas A. McIntyre

Posted on: October 30, 2008 – 2:59 pm in HI/LOW, , , , , ,

The 52-Week Low Club 5/8/2008 (GLBL)(HIMX)(RRI)(ADM)

Sad_clownGlobal Industries (GLBL) Bad second quarter. Falls to $7.81 from $28.

Himax Technologies (HIMX) Still dropping a day after rough results. Down to $2.79 from 52-week high of$6.29.

Reliant Energy (RRI) Q2 results hurt by weather. Seels down to $14.32. from $28.77.

Archer Daniels Midland (ADM) Number are bad, pressure from high commodities prices.Sells off to $25.40 from 52-week high of $48.95.

Douglas A. McIntyre

Posted on: August 5, 2008 – 3:00 pm in HI/LOW, , , ,

52-Week Low Club (AUO, CVI, DIET, ENTR, FDP, GLBL, OIIM, PCCC, SNE, TNC, TRID, ZRAN)

Today’s list of stocks is somewhat void of financial stocks, yet many of these you’ll recognize. Here are today’s 52-week lows:

  • AU Optronics Corp. (NYSE: AUO) stock rose over prior lows but still looking weak after continued weakness.
  • CVR Energy, Inc. (NYSE: CVI) yet again.
  • eDiets.com (NASDAQ: DIET) preliminary earnings showing economics win over the need to lose weight and live healthy.
  • Entropic Communications (NASDAQ: ENTR) downgraded at Piper Jaffray a week ahead of earnings.
  • Fresh Del Monte Produce Inc. (NYSE: FDP) down 14% after earnings miss.
  • Global Industries Ltd. (NASDAQ: GLBL)…….. offshore oil & gas on lows?
  • O2Micro International Ltd. (NASDAQ: OIIM) down another 8%; now down over 2/3 from highs.
  • PC Connection Inc. (NASDAQ: PCCC) profit fell 12% and sees revenue flat in Q3; direct PC/IT marketing must not work for all.
  • Sony Corp. (NYSE: SNE) dismal earnings got them to 52-week lows.
  • Tennant Co. (NYSE: TNC) profit drop, weak guidance.. wow, even in cleaning solutions get weak.
  • Trident Microsystems Inc. (NASDAQ: TRID) disappointing earnings and at least 2 downgrades; shares down 26% late; now down 80% from highs.
  • Zoran Corp. (NASDAQ: ZRAN) weak outlook and five downgrades… chips are used in DVD players, home theater systems and other electronics, cited economic weakness and a slowdown in consumer spending. Go figure.

The market may have risen huge today, but that doesn’t mean there aren’t many losers when the economy is still in the tank.

Jon C. Ogg
July 29, 2008

Posted on: July 29, 2008 – 2:35 pm in HI/LOW, , , , , , , , , , , ,

52-Week Low Club (T, CCE, CHB, EBAY, GGC, GLBL, IGT, PAA, RRI, SGLP, TXT, VCLK)

52_week_low_imageWe’ve had essentially a 500 point rally in the DJIA in just the last two days and oil is starting to lose its mo-mo.  Yet some companies just refuse to participate in the rally because of news, and many look like they were caught in a mid-city explosion (hence the image). 

Regardless of how the market does you can always count on many news-driven or sector driven events causing new lows.  One thing is for sure during a weak economy and during choppy earnings, there will be many more stocks in the coming weeks hitting 52-week lows.  Some will continue hitting new lows over and over.

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Posted on: July 17, 2008 – 2:35 pm in HI/LOW, , , , , , , , , , , ,

Top Upgrades & Downgrades (AA, RDY, FCX, GLBL, LIFC, MKTX, MDT, PRTS)

These are some of the top analyst calls this morning:

  • Alcoa (NYSE: AA) cut to Market Perform at FBR.
  • Dr. Reddy’s (NYSE: RDY) cut to Hold at Citigroup.
  • Freeport-McMoRan (NYSE: FCX) cut to Market Perform at FBR.
  • Global Industries (NASDAQ: GLBL) raised to Buy at Jefferies.
  • LifeCell (NASDAQ: LIFC) started as Outperform at FBR.
  • Marketaxess (NASDAQ: MKTX) raised to Neutral at Credit Suisse.
  • Medtronic (NYSE: MDT) started as Market Perform at FBR.
  • US Auto Parts (NASDAQ: PRTS) cut to Neutral at Piper Jaffray.

Jon C. Ogg
March 7, 2008

Posted on: March 7, 2008 – 8:39 am in Analyst Calls, , , , , , , ,