Pompano Beach, FL -- (SBWIRE) -- 10/12/2012 -- JPMorgan Chase & Co. (NYSE:JPM) fell 1.69% to $41.39 on over 32.67 million shares. The company has cut compensation per employee at its investment bank by 6.9% so far this year, roughly matching a decline of 7% in revenue for the business through the first nine months of the year.
Will JPM Continue to Fall? Get Our Special Report To Get complete technical analysis on JPM go click my link
Forest Oil Corporation (NYSE:FST) added 0.23% to $8.85 on over 2.64 million shares. The company said it agreed to sell all its properties in south Louisiana for about $220 million, as the energy producer looks to continue selling assets to help repay its debt.
To Get complete technical analysis on FST go click my link
Lexicon Pharmaceuticals, Inc. (NASDAQ:LXRX) soared 10.46% to $2.64 on a traded volume of 1.54 million shares. The company said it’s initiated a registrational, Phase III clinical trial of telotristat etiprate, an investigational new drug candidate for the treatment of carcinoid syndrome.
Get Free Trend Analysis on LXRX go click my link
Advanced Micro Devices, Inc. (NYSE:AMD) went down 10.78% to $2.86 on a traded volume of 57.63 million shares. Late Thursday, AMD warned of a revenue shortfall for the third quarter tied to “weaker-than-expected demand across all product lines.” As revised, the Sunnyvale, Calif.-based chip manufacturer now forecasts a revenue drop of about 10% from the second quarter, far steeper than what management had previously projected, and a lower gross margin.
Will AMD Continue to Fall? Get Our Special Report To Get complete technical analysis on AMD go click my link
StockMarketNation team is engaged in providing valuable and updated news information on U.S. stocks on a regular basis. StockMarketNation’s instant stock news on Major Gainers, Hot Stocks and various other stocks, guides investors in making the wise stock market investments decision. To Get Instant updates in the inbox, readers are advised to sign up for free at StockMarketNation.com.
The assembled information disseminated by StockMarketNation is for information purposes only, and is neither a solicitation to buy nor an offer to sell securities. StockMarketNation does expect that investors will buy and sell securities based on information assembled and presented in phd-trading.com. PLEASE always do your own due diligence, and consult your financial advisor.
Copyright © 2005-2013 - SBWire, The Small Business Newswire - All Rights Reserved - Important Disclaimer
Contact Us: 888-4-SBWIRE (US) - 920-321-1250 (International)