Top After Market NYSE Losers (RLD, WFR, IO, RIG, PVA, WLT, HIG, EDR, TGP, PPO)
The top after market NYSE Losers on Wednesday were: RealD Inc, MEMC Electronic Materials, Ion Geophysical, Transocean, Penn Virginia, Walter Energy, Hartford Financial Services Group, Education Realty Trust, Teekay LNG Partners and Polypore International Inc.
RealD Inc. (NYSE:RLD) shares slumped 15.63 per cent to $9.50 in post market trading session. The company swung to second quarter net profit of $0.33 per share compared to net loss of $0.12 per share in the same quarter a year-ago. But the company announced during a conference call that Samsung Electronics won’t introduce 3-D televisions featuring the company's technology in 2012 as planned.
MEMC Electronic Materials, Inc. (NYSE:WFR) shares slumped 11.76 per cent to $5.10 in post market trading session. The company slipped to third quarter net loss of $94.4 million or $0.41 per share compared to net profit of $17.6 million or $0.08 per share in the same quarter last year.
Ion Geophysical Corp. (NYSE:IO) shares plunged 8.13 per cent to $7.01 in aftermarket trading session. Its third quarter net profit declined to $8.7 million or $0.06 per share from $11.9 million or $0.08 per share in the same period a year ago.
Transocean Inc. (NYSE:RIG) shares plunged 7.11 per cent to $52.01 in aftermarket trading session. The company reported third quarter net loss of $71 million or $0.22 per share compared to net income of $368 million or $1.15 per share in the same quarter a year ago.
Penn Virginia Corp. (NYSE:PVA) shares declined 6.56 per cent to $5.70 in post market trading session. Its third quarter net loss narrowed to $6.7 million or $0.15 per share compared to $30.2 million or $0.66 per share in the same quarter a year earlier.
Walter Energy, Inc. (NYSE:WLT) shares declined 6.01 per cent to $69.30 in post market trading session as its third quarter revenue fell short of analysts’ estimation. The company reported third quarter revenue of $690.07 million compared to $464.26 million in the same period last year, while analysts’ expected quarterly revenue of $722.30 million.
Hartford Financial Services (NYSE:HIG) shares declined 5.26 per cent to $17.90 in aftermarket trading session. The company reported third quarter net loss of $0.02 per share compared to net income of $1.34 per share in the same period a year earlier.
Education Realty Trust Inc. (NYSE:EDR) shares declined 5.26 per cent to $9 in post market trading session. The company announced that it plans to sell 12,500,000 shares of its common stock in an underwritten public offering.
Teekay LNG Partners L.P. (NYSE:TGP) shares declined 4.83 per cent to $32.93 in aftermarket trading session. The company announced that it has priced its follow-on public offering of 5,500,000 common units, which represent limited partner interests, at $33.40 per unit.
Polypore International Inc. (NYSE:PPO) shares declined 4.82 per cent to $50 in aftermarket trading session. The company reported third quarter net profit of $23.6 million or $0.50 per share compared to $12.4 million or $0.27 per share in the same period a year earlier.
© Copyright IBTimes 2024. All rights reserved.