Tag: Northern Tier Energy

  • News behind top bearish stocks on Wall Street

    News behind top bearish stocks on Wall Street

    Power One Inc (NASDAQ:PWER) was one of top losers on Wall Street after the company projected an unexpected fourth-quarter loss.

    Solazyme Inc (NASDAQ:SZYM) tumbled 9.23% after Reuters’ reported that the U.S. biofuel company announced suggested offering of $100 million of convertible senior subordinated notes.

    Forum Energy Technologies Inc (NYSE:FET) lost 7.83% on decreasing its full-year earnings guidance.[article_detail_ad_1]

    MELA Sciences, Inc. (NASDAQ:MELA) plunged 7.58% a day after its presentation to investors discussing topics including an overview of the Company’s business and growth strategy.

    Leap Wireless International, Inc. (NASDAQ:LEAP) fell 6.79% on a downgrade to hold at Jefferies.

    Grupo Financero Sntdr Mxco SAB de CV ADR (NYSE:BSMX) was down on above-average volume.

    Williams-Sonoma, Inc. (NYSE:WSM) declined 5.20% as its fourth-quarter earnings-per-share forecast stayed pat.

    Turquoise Hill Resources Ltd (USA) (NYSE:TRQ) closed 4.36% lower after proposed changes to Mongolia’s mining law.

    Bank of America Corp (NYSE:BAC) dropped 4.24% after reporting earnings fall of 63 percent in 4Q.

    Northern Tier Energy LP (NYSE:NTI) decreased 4.08% after pricing public offering.

    Herbalife Ltd. (NYSE:HLF) was unable to trade above the trend line on chances of a temporary increase in expenses, associated with recent events. In other news, Activist money manager Carl Icahn and his deputies confirmed other shareholders that he has taken a stake in the company.

    Also, SLM Corp (NASDAQ:SLM) was not once above the neutral line amid sterling fourth-quarter results.

    Zynga Inc (NASDAQ:ZNGA) lost 2.73% as King.com has overtaken the company for top honors on Facebook Inc. (NASDAQ:FB).

    Molycorp Inc (NYSE:MCP) was down after an article titled “Molycorp Up On ‘Takeover Rumor’ And Irrational Exuberance”.

    United Microelectronics Corp (ADR) (NYSE:UMC) suffered fourth decline in a row.

    Corning Incorporated (NYSE:GLW) extended fall after RBC Capital downgraded the stock to a sector perform rating from an outperform rating.

    Cincinnati Bell Inc. (NYSE:CBB) reported a decrease and late Thursday CyrusOne Inc priced initial public offering of common stock.

    Kinross Gold Corporation (USA) (NYSE:KGC) was the worst in Gold stocks. The industry was one of the few weak areas on the market.

    Looking at active stocks, Citigroup Inc. (NYSE:C), Hovnanian Enterprises, Inc. (NYSE:HOV), Nokia Corporation (ADR) (NYSE:NOK) and EMC Corporation (NYSE:EMC) all ended in negative territory.

    Top decliners at Pink sheets included Cereplast, Inc. (PINK:CERP), LodgeNet Interactive Corp. (PINK:LNET) and Penson Worldwide, Inc. (PINK:PNSNQ).