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Los Angelas, CA -- (SBWIRE) -- 02/12/2013 -- Level 3 Communications, Inc (NYSE:LVLT) plunged 11.7% or $2.90 to $21.76 after the communications service provider reported total revenues in the fourth quarter ending in December fell 1% to $1.61 billion from $1.59 billion in the same period of last year. Net loss in the quarter narrowed to $56 million or 26 cents per diluted share compared to $235 million or $1.15 a share a year ago earlier.
What Should Investors Do With LVLT Now? Find Out Here
MELA Sciences (NASDAQ:MELA)slumped Tuesday after the company announced a new stock offering, canceled an older stock sale program, and took out a new loan. Company shares fell 15.38% to touch a new 52-week low of $1.43. MELA Sciences priced an underwritten offering of 6.1 million shares of its common stock at an offering price of $1.30 per share.
Can MELA Continue To Move Higher? Find Out Here
The Valspar Corporation (NYSE:VAL) dropped 7.3% or $4.93 to $62 after the coating and paint maker said total revenues in the first quarter ending on January 25 slid 1% to $875.2 million from $885.6 million in the same period of last year. Net income in the quarter fell 1% to $55 million or 60 cents per diluted share compared to $55.8 million or 58 cents a share a year ago earlier. The paint company expects full year adjusted net income per share of $3.60 to $3.80.
Can VAL Bounce Back? Find Out Here
Dun & Bradstreet Corp (NYSE:DNB) reported fourt quarter adjusted EPS of $2.38 after the bell Monday, compared to $2.21 in the previous year. The consensus estimate was for EPS of $2.41. DNB gapped open sharply lower Monday and is now down 6.24 at $79.04 on above average volume. The stock has dropped to a 1-month low and has fallen below its 50-day moving average.
Can DNB Recover After The Recent Fall? Find Out Here
Marsh & McLennan Companies, Inc. (NYSE:MMC) decreased 1.7% or 64 cents to $35.71 after the insurance broker stated revenues in the fourth quarter ending in December advanced 3% to $3 billion from $2.91 billion in the same period of last year. Net income in the quarter rose 1% to $259 million or 47 cents per diluted share compared to $256 million or 46 cents a share a year ago period.
How Should Investors Trade MMC Now? Find Out Here
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