Everyday Losers (MBI, JAG, ACM, IAG)

New York, NY -- (SBWIRE) -- 11/14/2012 -- MBIA Inc. (NYSE:MBI) slumped 19:02% and closed at $6.81 trading a volume of 17.8 million shares. The company operates a financial guaranty insurance businesses and provides asset management and advisory services. The stock fell on news that Bank of America offered payment on par for the company’s outstanding bonds. The move by Bank of America could put in jeopardy MBIA’s hopes of recovering billions of dollars with respect to mortgage putbacks in its legal battle with the bank.

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Jaguar Mining Inc. (JAG) is a gold mining company engaged in gold production and in the acquisition, exploration, development and operation of gold mineral properties in Brazil. Jaguar’s three producing properties, Turmalina, Paciencia and Caete, are located in or adjacent to the Iron Quadrangle region of Brazil, a greenstone belt located east of the city of Belo Horizonte in the state of Minas Gerais. Shares of Jaguar Mining Inc (NYSE: JAG) are trading at $0.771 and is -18.92% of its 50-day Moving Average price of $0.9509 and -76.96% from its 200-day Moving Average price of $3.3463. The average trading volume is 2451490 shares and its market capitalization is $65.1M.

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AECOM Technology Corp (ACM) announced that a joint venture in which it participates was awarded a five-year USD109-million contract by the U.S. Department of Defense to perform base operations support at the Rock Island Arsenal as well as six other locations in Illinois and Iowa. The contract's scope includes public works support for the hydroelectric plant; steam generating plant and natural gas boilers, facilities engineering administration, and water and sanitary sewage systems; government bridge operations; electrical distribution systems; water treatment and distribution, sanitary sewage and storm water drainage systems, and buildings and structures; as well as a variety of unscheduled services. The majority of the work will occur at the Rock Island base, a 946-acre island located on the Mississippi River between Davenport, Iowa, and Rock Island, Illinois. The facility includes a military family housing complex, the oldest swingspan bridge still in use on the Mississippi River and multiple historic sites, such as the Rock Island National Historic Cemetery, the Colonel Davenport House Museum and the Mississippi River Visitors Center.

AECOM Technology Corp (NYSE: ACM) fell 13.28% to close at $18.87 with 3.6 million shares changing hands. The company provides rotational technical and management support services to business and government clients globally. Its earnings for the third quarter were in line with expectations. EPS was $0.83 against expectations of $0.83 while revenue of $2.1 billion was only marginally below consensus of $2.21 billion.

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IAMGOLD Corp. (NYSE:IAG) reported third quarter adjusted EPS of $0.16 after the bell Tuesday, down from $0.30 a year ago. The consensus estimate was for EPS of $0.25. Revenues declined 10 percent to $386.8 million from $431.90 million last year. The consensus estimate was for revenues of $427.09 million.IAMGOLD gapped open sharply lower Wednesday and has continued to fall in early trade. The stock is now down 2.22 at $12.64 on above average volume. IAMGOLD has dropped to nearly a 3-month low and has fallen below its 200-day moving average.

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