Market Overview

Morning Market Losers

Share:

Rambus Inc. (NASDAQ: RMBS) shares dipped 22.75 percent to $10.73 after the company reported downbeat revenue for the third quarter and issued a downbeat revenue forecast. The company also announced plans to cut 8 percent of staff.

Progressive Waste Solutions Ltd (USA) (NYSE: BIN) shares fell 17.47 percent to $22.34 on weak revenue forecast for the third quarter.

Harley-Davidson Inc (NYSE: HOG) shares dropped 11.51 percent to $49.60 after the company reported weaker-than-expected earnings for the third quarter and lowered its motorcycle shipment outlook for the full year.

Horizon Pharma PLC (NASDAQ: HZNP) shares slipped 7.45 percent to $17.65. Horizon Pharma is expected to report Q3 results on November 6, 2015.

Hexcel Corporation (NYSE: HXL) declined 6.09 percent to $43.20 on downbeat Q3 earnings.

International Business Machines Corp. (NYSE: IBM) shares slipped 5.43 percent to $141.12. IBM reported better-than-expected earnings for the third quarter, but the company's revenue missed analysts' expectations.

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

 

Related Articles (BIN + HOG)

View Comments and Join the Discussion!
Fastest Market News Application
You'll Hear It First On Pro
Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Trading Daily
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Daily Analyst Rating
A summary of each day’s top rating changes from sell-side analysts on the street.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com

Pfizer Upgraded At Cowen On 'Compelling' Valuation, Innovation

Drexel Hamilton Starts Skyworks At Buy, Sees 40% Upside