Dallas,TX 1/29/2010 12:57:25 AM
News / Business

Top Volume Stock Losers (POT, IVZ, TTEK)

Volume Stock

 

Potash Corp./Saskatchewan (USA) (NYSE:POT) declines 5.67% to $103.31 on 5.16 million shares after the company announced that for first quarter of 2010, it expects net earnings per share (EPS) to be in the range of $0.70-$1.00. For fiscal 2010, it expects EPS to be in the range of $4.00-$5.00. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $1.12 for first quarter of 2010: EPS of $6.17 for fiscal 2010.

 

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Invesco Ltd. (NYSE:IVZ) decreases 5.51% to $20.50 on 2.89 million shares after the company said its fourth-quarter net income attributable to common shareholders surged to $110.9 million or $0.25 per share from $31.9 million or $0.08 per share last year. Net revenues for the fourth quarter increased to $563.9 million from $481.9 million in the comparable period. Total operating revenues grew to $747.8 million from $634.4 million in the prior year period.

 

Tetra Tech, Inc. (NASDAQ:TTEK) is down 20.30% to $19.98 on 2.65 million shares after the company announced that for second quarter of 2010, it expects diluted earnings per share (EPS) to be in the range of $0.20- $0.23 and revenue, net of subcontractor costs, to be in the range of $310-$330 million. For fiscal 2010, it lowered its guidance, and now expects diluted EPS to be in the range of $1.08-$1.18 and revenue, net of subcontractor costs to be in the range of $1.4-$1.5 billion.

 

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