Benzinga’s Top Pre- Market Losers (MAIL, ESE, CADX, TCLP, LKFN, BRCD, GOLD, LBTYA)

IncrediMail Ltd. (USA) (NASDAQ: MAIL) decreased $0.17 or 2.16% to $7.70 after it reported third quarter total revenue of USD 5.9 million against USD 2.1 million same quarter last year. In the last six months, MAIL gained over 56%.

ESCO Technologies Inc. (NYSE: ESE) tumbled 15% to $41.74 after it reported financial results for the fourth quarter of 2009. So far in the current year, ESE declined by 8%.

Cadence Pharmaceuticals, Inc. (NASDAQ: CADX) plunged 5.76% to $9 after CADX announced that the U.S. Food and Drug Administration (FDA) has extended the new drug application review to February 12, 2010.

TC Pipelines, LP (NASDAQ: TCLP) plunged 5.40% to $37.63 after TC Pipelines announced the offering of its 5 million common stocks. The 52 week trading range for TCLP is $18.11 - $41.54. Yesterday TCLP closed at $39.81.

Lakeland Financial Corporation (NASDAQ: LKFN) plummeted 6.25% to $17.09 in the pre-market trading after LKFN offered 3.5 million shares at $17 a share. So far this year is down 23%.

Brocade Communications Systems, Inc. (NASDAQ: BRCD) decreased $0.03 or 0.37% to $8.08 after BRCD was downgraded from Buy to Hold. So far this year, BRCD gained over 185%.

Randgold Resources Ltd. (ADR) (NASDAQ: GOLD) declined 0.06% at $79.58 in the pre-market session. The 52 week trading range for GOLD is $25.05 - $81.64. So far this year, GOLD gained over 81%.

Liberty Global Inc. (NASDAQ: LBTYA) declined by 9% at $21 in the pre-market session after Liberty Global entered into an agreement to acquire Unitymedia GmbH for equity purchase price of $3 billion. So far this year, LBTYA gained over 45%.