Tag: McDermott

  • Small Cap Losers: McDermott International (NYSE:MDR), Dendreon Corporation (NASDAQ:DNDN), Gentiva Health Services (NASDAQ:GTIV), China Mobile Games & Entnmnt (NASDAQ:CMGE)

    McDermott International (NYSE: MDR) reported fourth quarter and full-year 2013 results after markets closed Monday. The offshore oilfield engineering and construction firm posted a  diluted earnings per share (EPS) loss of $1.37 per share on revenues of $517.34 million. For the fourth quarter of 2012 the company posted EPS of $0.17 on revenues of $995.95 million. Fourth-quarter results compare to the Thomson Reuters consensus estimates for a earnings of $0.15 a share and $825.61 million in revenues.  McDermott International (NYSE:MDR) stock opened at $7.61 in last session, and closed at $7.44, while the day range of MDR stock is $7.25-$7.62.The stock showed a negative weekly performance of -12.37%.

    Dendreon Corporation (NASDAQ:DNDN) stock surged in Monday trading session after the company reported impressive results for its fourth quarter that beat analysts’ estimates. The strong results for the fourth quarter were driven by strong growth in oncology accounts as well as impressive growth in Urology and academic accounts. Dendreon Corporation plans to bolster its results in the current quarter and the entire fiscal year by improving its top line as well as focusing more on improving commercial effectiveness.  Dendreon Corporation (NASDAQ:DNDN) stock opened at $3.24, in last session and closed at $3.07, by loosed -7.25%.The 52 week range was $2.23-$6.20.Company’s market capitalization is $483.49 million.

    Gentiva Health Services (NASDAQ:GTIV) dropped 11.8% during mid-day trading on Tuesday following a disappointing earnings announcement, Analyst Ratings News reports. The Gentiva Health Services traded as low as $9.28 and last traded at $9.56, with a volume of 921,241 shares.  Gentiva Health Services, Inc. (NASDAQ:GTIV) stock loosed -10.10% and finished the last session at $9.74. The EPS of the stock remained -6.13.Company’s market capitalization is $353.41 million.

    China Mobile Games & Entnmnt Grp Ltd (NASDAQ:CMGE) which is a holding company that specializes  in the development operation and sale  of feature phone and smartphone games is arguably one of the best if not the best performing companies in the stock exchange at the moment. The company continues to perform better than expected beating all sorts of consensus estimates. China Mobile Games & Entnmnt Grp Ltd (NASDAQ:CMGE) stock opened the session at $35.95, and closed the session at $33.38.The 52 week range of the CMGE stock remained $7.63-$40.31 and the day range was $32.00-$36.38.