Stock News Alert - NYSE:VG, NYSE:WFT, AMEX:TLR - The Biggest Loser of the day

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Vonage Holdings Corp. (NYSE:VG) plunges 10% to $1.80 on over 4.90 million shares after Citi raised its price target on shares of Vonage (VG) on October 7,2009, from 50 cents, all the way to a dollar 50, but maintained its rating at "hold". On Monday Vonage unveiled an application for Apple (AAPL) iPhones and Research In Motion's (RIMM) Blackberry devices, which would offer discounted international calling. Citi noted this move as potentially adding a new revenue source for the company.  Vonage Holdings Corp. is a provider of broadband telephone services to residential and small office and home office customers with over 2.6 million subscriber lines as of December 31, 2008.

Weatherford International Ltd. (NYSE:WFT) corrected 6.46% or $1.30 to $18.81 on over 5.37 million shares after Switzerland-based international oil field services company Weatherford International Ltd. completed its Fast Path cross-listing on NYSE Euronext in Paris on October 6, 2009, making it the fifth(1) NYSE-listed company to take advantage of the streamlined, cost-effective Fast Path process since it was made available by NYSE Euronext in 2008. Weatherford International Ltd. is a provider of equipment and services used in the drilling, evaluation, completion, production and intervention of oil and natural gas wells.

Timberline Resources Corp (AMEX:TLR) slipped 11.27% or $0.15 to $1.18 on over 251K shares after having rallied for more than 66% in last 5 trading sessions this month. The stock started the days trade on a positive note but is dipping lower and lower on profit booking. The stock made an intraday high of $1.39 and an intraday low of $1.18. Timberline Resources Corporation is an exploration-stage company, evaluating, acquiring and exploring mineral prospects with potential for economic deposits of gold, silver and copper.

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