Hot Losers: FMC Technologies, Inc.(NYSE:FTI), Altera Corporation(NASDAQ:ALTR), the Bank of New York Mellon Corporation, Ocwen Financial Corporation

Lakeway, NY -- (SBWIRE) -- 03/19/2013 -- ThePennyStockProfiler.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

FMC Technologies, Inc.(NYSE:FTI) shares decreased 1.71% and closed at $51.69. The company today announced that it has signed a contract with BP (NYSE: BP) for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development. The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilometers) south of New Orleans in about 5,100 feet (1,550 meters) of water.

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Altera Corporation(NASDAQ:ALTR) shares dropped 1.71% to $34.56. The company, on Mar. 18, announced its 28 nm Cyclone® V GT FPGA completed compliance testing with the PCI Express® (PCIe®) 2.0 specification. Available in production today, the Cyclone V GT FPGA is the industry's first low-cost, low-power FPGA to achieve PCIe 2.0 interoperability with data rates of 5 Gbps. The Cyclone V GT FPGA successfully passed all PCI-SIG® compliance and interoperability tests at the most recent PCI-SIG workshop and is currently included on the PCI-SIG Integrators List.

Is ALTR a Strong Buying Opportunity After The Recent Gain? Find out Here

The Bank of New York Mellon Corporation (NYSE:BK) shares fell 1.70% to $28.36. The company, on Mar. 18, has announced the launch of BNY Mellon Risk View(SM). A unique and powerful new service, Risk View combines data, visualization technology, and asset-specific expertise in a next-generation tool that can serve as a foundation for enhanced risk management. BNY Mellon Risk View is based on an innovative approach to collecting, normalizing and managing investment data from multiple sources.

Should Investors Consider BK After The Recent price Action? Get Free Trend Analysis Here

Ocwen Financial Corporation (NYSE:OCN) shares fell 1.65% to $38.79. The company, on Feb. 28, reported fourth quarter net income of $65.2 million, or $0.47 per share, as compared to net income of $9.7 million, or $0.08 per share, in the same quarter last year. The Company produced record revenue of $236.4 million, up 51% from the fourth quarter of 2011. Income from operations grew in excess of 100% to $137.3 million for the fourth quarter of 2012 as compared to $66.1 million in the same period of 2011.

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