ESE, SMI, BBI are Biggest NYSE Stocks Losers

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ESCO Technologies Inc. (NYSE:ESE) declines 12.90% to $32.54 after Brean Murray gave the Scientific & Technical Instruments industry some bad news as it announced that the company was downgraded from Buy to Hold. ESCO Technologies Inc. is a producer of engineered products and systems sold to customers, primarily for utility, industrial and commercial applications.

Semiconductor Manufacturing Int'l (ADR) (NYSE:SMI) plunges 10.54% to $3.31 on 43K shares. The stock hit an intraday high and an intraday low of $3.69 and $3.30 respectively. In the last six months the stock went up over 53%. Semiconductor Manufacturing International Corporation is a holding company that operates through its subsidiaries. The Company is engaged in the computer-aided design, manufacturing, packaging, testing and trading of integrated circuits and other semiconductor services, as well as manufacturing and designing semiconductor masks.

Blockbuster Inc. (NYSE:BBI) went down 6.63% to $0.775 after the company yesterday announced financial results for the third quarter ended October 4, 2009. In the third quarter of 2009 Blockbuster recorded gross margin of 57.3 percent, representing an increase of 360 basis points as compared to gross margin of 53.7 percent in the third quarter of 2008. Operating loss for the third quarter of 2009 was $10.2 million as compared to an operating loss of $3.5 million in the third quarter one year ago.