New York, NY -- (SBWIRE) -- 11/12/2012 -- Knight Capital Group Inc. (NYSE:KCG) shares declined 2.33% and closed at $2.52. The company said that the Securities and Exchange Commission is conducting an investigation into the firm's capital and liquidity condition. The company said the agency's investigation involves a technology issue at the firm on Aug. 1. Knight Capital lost $440 million based on erroneous trades caused by a software malfunction.
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Sapient Corporation (NASDAQ:SAPE) shares dropped 2.27% to $11.18 after the company reported third-quarter net income of $21.5 million or $0.15 per share, as compared to $19.8 million or $0.14 per share in the same quarter last year. Adjusted net income for the quarter was $28.0 million or $0.20 per share compared to $25.7 million or $0.18 per share last year. Analysts expected the company to earn $0.13 per share for the quarter. Service revenues for the quarter grew to $288.5 million from $262.7 million last year. Analysts estimated revenues of $281.34 million.
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Meritor Inc (NYSE:MTOR) shares decreased 2.22% to $4.40. The company announced a three-year pledge totaling $30,000 from the Meritor Trust Fund to support the Freedom Center located in the McNamara Terminal at Detroit Metropolitan Airport. This support is in addition to the two-year pledge totaling $20,000, committed this time last year at the official opening dedication of the Freedom Center, and a $5,000 donation to support the Freedom Center Gala event.
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Augusta Resource Corp. (USA) (NYSE:AZC) shares dropped 2.22% to $2.64 in yesterday’s session. The 52 week trading range for the company is $1.48 - $3.92. The shares of the company dropped 32% in the last one year. The company is engaged in the acquisition, exploration and development of natural mineral resource properties.
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Hudson City Bancorp, Inc. (NASDAQ:HCBK) shares fell 2.19% to $8.03. M&T Bank Corp. Chief Financial Officer Rene Jones told investors that Hurricane Sandy didn't change the valuation of its acquisition of Hudson City Bancorp Inc. M&T Bank, of Buffalo, N.Y., said in August it would buy Hudson City, of Paramus, N.J., for $3.7 billion in stock and cash. Hudson was hit hard by the storm this week, and as of Thursday, 12 branches on the Jersey shore, including in Ocean and Monmouth counties, still weren't back in service.
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