Mid Cap Stocks Touching New Lows: KBR (NYSE:KBR), C.H. Robinson Worldwide (NASDAQ:CHRW), Kinder Morgan (NYSE:KMR), TransAlta (NYSE:TAC)

Posted by on Mar 03, 2014

Global engineering and construction company KBR, Inc. (NYSE:KBR) is the biggest midday loser this Friday. Its stock price dipped -14.68% following the release of some rough earnings results. This is not good news for billionaire David Tepper, whose fund is betting on KBR. KBR, Inc. (NYSE:KBR) stock opened at $28.52 in last session, and closed at $27.62, while the day range of KBR, Inc. (NYSE:KBR) stock is $26.85 – $28.73. The stock showed a positive weekly performance of -10.44%.

Scott Fein of C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) wins the Phillip Alampi Industry Marketing Award New Jersey Department of AgricultureKristina Guttadora. C.H. Robinson Worldwide, Inc. (NASDAQ:CHRW) stock opened at $52.37 in last session, and closed at $51.86 by losing -0.95%. The 52 week range of $51.62 – $62.46. Company’s market capitalization is $7.82B.

Kinder Morgan Management, LLC (NYSE:KMR) was downgraded by analysts at Ned Davis Research from a “neutral” rating to a “sell” rating in a research report issued to clients and investors on Monday, StockRatingsNetwork.com reports. Kinder Morgan Management, LLC (NYSE:KMR) stock decreased -0.84% and finished the last session at $69.80. The EPS of the stock remained 1.96. Company’s market capitalization is $8.59B.

TransAlta Corporation (USA) (NYSE:TAC) on 20 February reported its fourth quarter 2013 and full year 2013 financial results, its outlook for 2014 and two significant initiatives to enhance the Corporation’s financial strength to grow, provide a solid and sustainable dividend, and to ensure a strong balance sheet throughout the commodity cycle. TransAlta Corporation (USA) (NYSE:TAC) stock opened the session at $11.29, and closed the session at $11.52. The 52 week range of the TransAlta Corporation (USA) (NYSE:TAC) stock remained $11.20 – $15.38 and the day range was $11.20 – $11.58.

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