Circuit City (CC) Restating past results and pulling guidance are not good things. Surprising the the retailer’s management are still in their jobs. Drops to $15.31 from 52-week high of $31.54.
BearingPoint (BE) Consulting firm was slow to file quarterly report. Stock never moves much. Down to $7.25 from 52-week high of $9.51.
Omnicare (OCR) Pharma provider to nursing homes misses revenue targets and guidance. All hell breaks loose. Drops to $32.25 from 52-week high of $58.02.
Sterling Financial (SLFI) Company says it plans to restate its financial results for 2004 to 2006 due to an internal investigation into contract irregularities. Down to $14.42 from 52-week high of $24.20.
FiberTower (FTWR) Cellular service company still dropping after bad quarter. Down to $4.30 today from 52-week high of $15.90.
Spansion (SPSN) Memory market has larger than expected loss. Dips to $9.49 from 52-week high of $18.59.
AudioCodecs (AUDC) Provider of VoIP technology misses earnings. Down to $6.41 from 52-week high of $14.00.
Douglas A. McIntyre