FUN, F, FOE were Most Active NYSE Losers by Penny Stock Pick Alert

(EMAILWIRE.COM, November 04, 2009 ) Dallas, TX - Cedar Fair, L.P. (NYSE:FUN) declined 26.58% to close at $6.99 on huge volume of 2.91 million shares after the company announced results through the third quarter ended September 27, 2009 and provided attendance and revenue trends through November 1, 2009. Net revenues for the nine months ended September 27, 2009, which included 25 additional operating days compared with 2008, decreased $66.5 million to $810.5 million from $877.0 million a year ago. Net income for the first nine months of 2009 decreased $0.8 million to $61.7 million, or $1.10 per diluted limited partner unit, from net income of $62.5 million, or $1.12 per diluted limited partner unit, for the same period in 2008.

Ford Motor Company (NYSE:F) declined 1.85% to close at $7.44 on huge volume of 192.12 million shares after Reuters reported yesterday that the United Auto Workers union overwhelmingly rejected a proposed cost-cutting deal with Ford Motor Company, delivering a setback for the automaker as it seeks to bring down labor costs in line with U.S. rivals. The UAW said that 70% of production workers and 75% of skilled trade workers voted to reject a proposed agreement the union leadership and Ford Motor Company negotiated in October to change the 2007 four-year contract.

Ferro Corporation (NYSE:FOE) was among the active losers in today`s trading session as it plunged over 6.04% to close at $5.60 on huge volume of over 20.39 million shares after the company announced that it has priced an offering of 35,750,000 shares of common stock at a public offering price of $5.60 per share. This offering is expected to close on November 6, 2009. The underwriters have been granted a 30-day over-allotment option to purchase up to an additional 5,362,500 shares of common stock at the public offering price less the underwriting discount to cover over-allotments, if any.


ABOUT PennyStockPickAlert.com
 
 Penny Stock Pick Alerts by PennyStockPickAlert.com. We are a leading stock web site that provides free stock alerts on top penny stocks that are poised to make big gains. We also tracks small cap penny stocks that could be on the brink of a massive breakout.
  

PennyStockPickAlert.com
         Robert Wilson
         214 556 6798
         info@pennystockpickalert.com