Market Overview

Morning Market Losers

Share:
Related UEPS
Sterne Agee's 2015 Predictions For Fintech And Payments Sector
Benzinga's Volume Movers
Related MGI
Benzinga's Top Upgrades
JP Morgan Upgrades MoneyGram International To Overweight
MoneyGram Beats Q1 Earnings, Falls Y/Y on Low Revenues - Analyst Blog (Zacks)

Net 1 UEPS Technologies (NASDAQ: UEPS) shares tumbled 20.82% to $7.53 after gaining 0.96% on Wednesday. Net 1 UEPS Technologies is expected to release its Q3 results on May 9, 2014.

Moneygram International (NASDAQ: MGI) shares declined 12.45% to $15.75 following announcement of new money-transfer service from Wal-Mart.

Renewable Energy Group (NASDAQ: REGI) shares slipped 9.58% to $11.38 on Q1 outlook. Renewable Energy now expects Q1 loss of $1.5 to $3.5 million.

The Western Union Company (NYSE: WU) shares fell 5.55% to $15.16 on announcement of Walmart money transfer service.

International Business Machines (NYSE: IBM) fell 3.86% to $188.81 after the company reported downbeat first-quarter revenue. IBM posted its adjusted earnings of $2.54 per share on revenue of $22.48 billion. However, analysts were projecting earnings of $2.54 per share on revenue of $22.93 billion.

SAP AG (NYSE: SAP) fell 2.44% to $79.63 on Q1 results. SAP's quarterly net profit surged 3% to EUR534 million, while revenue rose 3% to 3.70 billion euros ($5.11 billion).

Google (NASDAQ: GOOGL) shares fell 2.37% to $550.53 after the firm reported weaker-than-expected first-quarter earnings. Google posted its adjusted profit of $6.27 per share on adjusted revenue of $12.19 billion. However, analysts were estimating earnings of $6.36 per share on revenue of $12.41 billion.

Mattel (NASDAQ: MAT) shares slipped 1.61% to $37.27 after the company reported Q1 results. Mattel reported a Q1 loss of $0.03 per share on revenue of $946.20 million.

Posted-In: market losersNews Movers & Shakers Intraday Update Markets

 

Related Articles (IBM + GOOGL)

Around the Web, We're Loving...

Get Benzinga's Newsletters