Swift Energy Company (NYSE:SFY) dropped 16% after the small oil and gas company disappointed investors with its fourth-quarter results. Swift announced a loss stemming from a large writedown of its energy assets, but even adjusting for those figures, net income dropped by almost half from the year-ago quarter. Swift Energy Company (NYSE:SFY) stock opened at $9.50 in last session, and closed at $9.94, while the day range of stock is $8.80 – $10.57. The stock showed a negative weekly performance of -18.19%.
Walter Investment Management Corporation (NYSE:WAC), parent company to Reverse Mortgage Solutions and Security One Lending, saw in the fourth quarter what it believes to be the bottom of the reverse mortgage business. But that doesn’t dampen the company’s outlook on growth. Walter Investment Management Corp (NYSE:WAC) stock opened at $26.06, in last session and closed at $25.90, by losing -8.42%. The 52 week range of the stock is $24.11 – $49.80. Company’s market capitalization is $958.67 million.
ConAgra Foods Inc. (NYSE:CAG) plans to move about 150 jobs from a central Indiana warehouse after it opens a new distribution center in a nearby city. ConAgra Foods, Inc. (NYSE:CAG) stock decreased -0.25% and finished the last session at $28.26. The EPS of the stock remained 1.61. Company’s market capitalization is $11.88 billion.
In trading on Wednesday, shares of Mobile Telesystems OJSC (ADR) (NYSE:MBT) entered into oversold territory, hitting an RSI reading of 29.0, after changing hands as low as $17.04 per share. By comparison, the current RSI reading of the S&P 500 ETF (SPY ) is 57.3. Mobile TeleSystems OJSC (ADR) (NYSE:MBT) stock opened the session at $17.07, and closed the session at $17.32. The 52 week range of the stock remained $16.51 – $24.06 and the day range was $16.51 – $17.35.