CPC, RST, MRT were Biggest NYSE Percentage Losers : by Penny Stock Pick Alert
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(EMAILWIRE.COM, November 07, 2009 ) Dallas, TX - Chemspec International Ltd (NYSE:CPC) was one of the most active losers in today`s trading session as it plunged over 11.41% to $5.98 after the company yesterday announced that it expects total revenues for fiscal 2009 to be between RMB815 and RMB825 million. Chemspec International Limited is a China-based contract manufacturer of engineered specialty chemicals. The Company manufactures specialty chemicals, which are engineered chemicals used as building blocks in the manufacture of advanced chemicals or to enhance the performance of the end products manufactured by its end users in various industries.
Rosetta Stone Inc. (NYSE:RST) decreased 10.39% to $18.38 on a volume of 1.16 million shares after analysts were expecting Rosetta Stone, Inc. to report earnings of $0.24 for last quarter, but RST beat expectations with actual earnings of $0.29 which is 5 cents above the consensus estimate. RST also issued earnings guidance for next quarter that is in line with current analyst expectations.
Morton's Restaurant Group, Inc. (NYSE:MRT) declined 9.28% to $3.13 after analysts were expecting Morton's Restaurant Group Inc. to report earnings of $-0.07 for last quarter, but MRT missed expectations with actual earnings of $-0.16 which is 9 cents below the consensus estimate. MRT also issued earnings guidance for next quarter that is in line with current analyst expectations.
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