Posts for Ticker ‘JOBS’

52-Week Low Club (AEG, AMD, BKD, CHRT, CMG, CVI, GEHL, JOBS, LRCX, LSCC, MNI, MU, MSA, NOOF, RYL, THQI, VMED, WSM)

Today was another ugly day on Wall Street as sellers are winning over the conviction that the rumors that the bear was dead might be grossly exaggerated.  You’ll probably recognize many chip stocks on here today.  While financials led the selling today, most financial stocks were not on 52-week lows.  Here are today’s stocks that hit new 52-week lows:

  • Aegon (NYSE: AEG)
  • Advanced Micro Devices (NYSE: AMD)
  • Brookdale Senior Living (NYSE: BKD)
  • Chartered Semiconductor (NASDAQ: CHRT)
  • Chipotle Mexicann Grill (NYSE: CMG)
  • CVR Energy (NYSE: CVI)
  • Gehl Company (NASDAQ: GEHL)
  • 51Job inc.. (NASDAQ: JOBS)
  • Lam Research (NASDAQ: LRCX)
  • Lattice Semiconductor (NASDAQ: LSCC)
  • McClatchy (NYSE: MNI)
  • Micron Tech (NYSE: MU)
  • Mine Safety Appliances (NYSE: MSA)
  • New Frontier (NASDAQ: NOOF)
  • Ryland Group (NYSE: RYL)
  • THQ Inc. (NASDAQ: THQI)
  • Virgin Media Inc. (NASDAQ: VMED)
  • William Sonoma (NYSE: WSM)

Jon C. Ogg
July 28, 2008

Posted on: July 28, 2008 – 2:54 pm in HI/LOW, , , , , , , , , , , , , , , , , ,

Top Pre-Market Analyst Downgrades (JOBS, AUO, AVR, CRDN, CLX, DKS, GR, MPEL, PLXS, VSE)

These are not all of the downgrades or negative calls we have seen, but these are some calls moving shares this Monday morning:

  • 51jobs (JOBS) Cut to Sell at Goldman Sachs.
  • AU Optronics (AUO) Cut to Neutral at HSBC.
  • Aventine Renewable (AVR) Cut to Underweight at Lehman.
  • Ceradyne (CRDN) Cut to Market Perform at FBR.
  • Clorox (CLX) Cut to Sell at Goldman Sachs.
  • Dick’s Sporting Goods (DKS) Raised to Buy at Goldman Sachs.
  • Goodrich (GR) Cut to Sell at Deutsche Bank.
  • Melco Crown Entertainment (MPEL) Cut to Neutral at Credit Suisse.
  • Plexus (PLXS) Cut to Neutral  at Baird.
  • VeraSun Energy (VSE) Cut to Underweight at Lehman.

Jon C. Ogg
July 28, 2007

Posted on: July 28, 2008 – 6:24 am in Analyst Calls, , , , , , , , , ,

Monster Saw Itself in the Mirror (MNST)

Monster Worldwide, Inc. (MNST-NASDAQ) is down more than 11% after the open on new internal forecasts of Q1 revenue in the range of $328 to $329 million, below the revenue outlook of $330-$338 million provided on February 1, 2007. Consensus was $333 million, so it is forecasting a 1% shortfall. 

It is hedging with good comments, though.  The expected revenue increase of approximately 28% for the first quarter reflects continued rapid revenue growth in the Company’s International Careers segment, and reduced growth rates in the North America Careers and Internet Advertising & Fees businesses.  It continues to expect its financial results for the year 2007 to be within the ranges provided in the Business Outlook provided on February 1, 2007. The Company continues to achieve greater operating efficiencies and manage costs tightly, while also funding important growth initiatives within the overall strategic growth plan. Monster Worldwide maintains a positive view toward what it believes are significant growth opportunities within the global online recruitment and Internet advertising markets.

The main punishment is coming from this still being deemed as a hi-beta name in a cyclical sector that is deemed "at-risk" whenever the economy is softening.  After a drop like this, there will probably be many analyst calls.  Other employment related stocks are down as well: Korn Ferry (KFY) -1% at $23.07; Labor Ready (LRW) -4% at $18.30 was cut at Goldman Sachs today; Robert Half (RHI) -3% at $36.20; ManPower (MAN) -2.5% at $73.20; Administaff (ASF) -1% at $35.21.

Jon C. Ogg
April 4, 2007

Jon Ogg can be reached at jonogg@247wallst.com; he does not own securities in the companies he covers.

Posted on: April 4, 2007 – 8:55 am in Internet, , , , , ,