Borders Group Inc (NYSE:BGP) is currently trading at $0.228 on thinly traded volume of 521k shares after the Company filed for bankruptcy. BGP is among the largest retailers to file for bankruptcy since 2000.
CapLease Inc (NYSE:LSE)
is up slightly 0.53% to $ 5.72 after the Company discussed fourth quarter
results. Total revenues were $41.8 million compared to $43.6 million in the
comparable period in 2009. Net loss for the fourth quarter of 2010 was $(10.4)
million or $(0.18) per share compared to net loss of $(14.0) million or $(0.27)
per share in the fourth quarter of 2009.
NewStar Financial Inc (NASDAQ:NEWS)
increased 1.32% to $10.78. The Company reported fourth quarter net income of
$9.4 million or $0.18 per diluted share. New loan origination volume increased
62% to $235 million in the fourth quarter of 2010.
OfficeMax Incorporated (NYSE:OMX) went
down 5.92% to $16.04 after the Company issued guidance for fiscal year 2011.The
Company expects sales to be flat to slightly higher than fiscal 2010 sales in
fiscal 2011. According to Reuters estimates, the company is expected to report
revenue of $7.285 billion for fiscal 2011.
Reed's, Inc (NASDAQ:REED) moved
down 1.89% to $2.60 after the Company entered into a distribution agreement
with SPIKE Beverage LLC, where SPIKE has agreed to begin distributing Reed's
and Virgil's brands in all retail channels.
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