X, HEV, CYD are Top Industrial Goods Stocks Losers

United States Steel Corporation (NYSE:X) declines 8.22% to $51.61 on 10.13 million shares after the company announced that for first quarter of 2010, it expects to report operating loss (EBIT) in line with the fourth quarter 2009 as gradually improving business conditions are not yet fully reflected in the Company's operating results. The Company reported a fourth quarter 2009 loss from operations of $329 million. According to Reuters Estimates, analysts on an average are expecting the Company to report EBIT of $(35.50) million for the same period.

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Ener1, Inc. (NASDAQ:HEV) decreases 4.22% to $4.31. The stock hit an intraday high and an intraday low of $4.47 and $4.25 respectively. In the last six months the stock went down over 28%. Ener1, Inc. is engaged in the business of designing, developing and manufacturing rechargeable lithium-ion batteries and battery systems for energy storage.

China Yuchai International Limited (NYSE:CYD) is down 5.05% to $14.67. The stock hit an intraday high and an intraday low of $15.36 and $14.20 respectively. In the last six months the stock went up over 78%. China Yuchai International Limited owns a controlling interest in Guangxi Yuchai Machinery Company Limited (Yuchai). Through its 76.4% interest in Yuchai, the Company primarily conducts its manufacturing and sale of diesel engines, which are mainly distributed in the People’s Republic of China (PRC) market.

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