Satcon Technology (SATC) is lower after the clean energy company reported disappointing results and a weak near term sales outlook.
The company reported a fourth-quarter loss of $0.03 per share, while analysts were expecting a profit of $0.03 per share. The company forecast first-quarter revenue of $65 million to $70 million, while analysts expected $75 million.
Shares are lower by over 25 percent.
Lumber Liquidators (NYSE:LL) shares are lower on Wednesday after announcing that profits were lower by 17 percent and a 1.2 percent rise in same store sales lagged behind competitors such as Home Depot (NYSE:HD). Sales, however, were higher by 12 percent.
Any ideas and opinions presented in all Market News Video clips are for informational and educational purposes
only, and do not reflect the opinions of BNK Invest, Inc. or any of its affiliates, subsidiaries or partners.
In no way should any content contained herein be interpreted to represent trading or investment advice.
None of the information contained herein constitutes a recommendation that any particular security, portfolio,
transaction, or investment strategy is suitable for any specific person. All viewers agree that under no
circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held
liable for any loss or damage caused by your reliance on information obtained. Read Full Disclaimer.
This is one of the brightest and most generous groups
Launch related slideshow:
Thursday 5/23 Insider Buying Report: SREV, CYCC
Wednesday 5/22 Insider Buying Report: SBY, CUBI
Wednesday 5/22 Insider Buying Report: CHK
Ralph Lauren and Perry Ellis Disappoint
Daily Wrap: May 22, 2013
Lowe's Misses in Q1; Maintains Full-Year Guidance
Analyst Moves: STX, HOT, HPQ
Analyst Moves: NTAP, MDC, PXD
Analyst Moves: WETF, TJX, TDW
Thursday Sector Leaders: Apparel Stores, General Contractors & Builders
Thursday Sector Laggards: Electric Utilities, Agriculture & Farm Products
Wednesday Sector Leaders: Homebuilders, Precious Metals
Thursday's ETF with Unusual Volume: IGV
Thursday's ETF Movers: GGGG, NUCL
EWZ, GGGG: Big ETF Outflows
Daily Dividend Report: TMO, AAP, HAS, AINV, HPQ
Daily Dividend Report: MCD, JCI, CTL, GPS, AVB
Daily Dividend Report: NTAP, ADI, BBY, TAP, CHSP
Initial Jobless Claims Fall
Initial Jobless Claims Jump by 32k
Jobless Claims Fall to Five Year Low
Weekly Market Wrap: May 17, 2013
Weekly Market Wrap: May 10, 2013
Weekly Market Wrap: May 3, 2013
Week Ahead Market Report: May 13, 2013
Week Ahead Market Report: May 6, 2013
Week Ahead Market Report: April 29, 2013