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Hot Losers: Splunk Inc (NASDAQ:SPLK), Mechel OAO, Arcos Dorados Holding, Dresser-Rand Group

 
 
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Lakeway, NY -- (SBWIRE) -- 03/05/2013 -- 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:-

Splunk Inc (NASDAQ:SPLK) shares fell 3.52% and closed at $37.60. The company, on Feb. 28, announced results for its fiscal fourth quarter and full year ended January 31, 2013. The company posted fourth quarter total revenue of 65.2 million, up 51% year-over-year. Fourth quarter GAAP operating loss was $5.9 million or GAAP loss per share was $0.06. Fourth quarter Non-GAAP operating income was $3.2 million or $0.03 per share.

Is SPLK a Strong Buy After The Recent Gain? Let’s Find out Here

Mechel OAO (ADR) (NYSE:MTL) shares decreased 3.50% and closed at $5.24 in the last trading session. GlobeNewswire, on Feb. 19, reported that Mechel OAO has disposed of its Romanian steel assets. Mechel OAO has transferred the shares of all its Romanian assets to the buyer, Romania's Invest Nikarom SRL. The sum of the transaction is for a nominal amount of RON 230 (some USD 70). Invest Nikarom SRL has acquired Mechel OAO's five assets, Ductil Steel SA, Mechel Campia Turzii SA, Mechel Targoviste SA, Mechel East Europe Metallurgical Division SRL, Laminorul SA. In November 2012, due to unfavorable prices in European steel markets linked to rising ferrous scrap prices and weak demand for finished products, production at Mechel OAO's Romanian steel making facilities was temporarily halted.

Is MTL a Strong Buying Opportunity After The Recent Slump? Find out Here

Arcos Dorados Holding Inc (NYSE:ARCO) shares declined 3.46% to $12.28. The company announced it will report its fourth quarter and full year 2012 earnings results before the market opens on Friday, March 8, 2013. A real-time webcast of these results will be available online at http://services.choruscall.com/links/arcos130308.html on Friday, March 8, 2013, beginning at 10:00 a.m. New York / 12:00 p.m. Buenos Aires time.

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

Dresser-Rand Group Inc. (NYSE:DRC) shares dropped 3.44% and closed at $56.12 in the last trading session. The company, on Feb. 28, reported a fourth quarter profit of $80.2 million, or $1.05 a share, up from $68.9 million, or 91 cents a share, a year earlier. Revenue climbed 14% to $844.4 million. Analysts had most recently forecast earnings of $1.10 a share and revenue of $897 million. Gross margin narrowed to 29.5% from 31.1% as input costs climbed 17%.

Is DRC a Strong Buying Opportunity After The Recent Slump? Find out Here

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