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New York, NY -- (SBWIRE) -- 01/08/2013 -- Aluminium producer Alcoa Inc. (NYSE:AA) is expecting the company to report earnings of 6 cents a share on revenues of $5.58 billion, when the company announces its results on Tuesday after market hours.Analysts are expecting revenues of $3.72 and revenues of $22.87 billion. Alcoa’s shares fell 2 percent in the fourth quarter but ended 2012 nearly unchanged from where they started — closing at $8.68, up three cents for the year.In the year-ago quarter Alco had posted a loss of $191 million, or 18 cents a share, on revenue of $5.99 billion. Excluding special items, most of which were related to reduced smelting operations, the loss would have been 3 cents per share.
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Palo Alto Networks Inc (NYSE:PANW) shares dropped 2.23% to $48.25. The company, on Dec. 6, reported a first-quarter net loss of $3.5 million or $0.05 per share, as compared to net income of $4.1 million or breakeven per share a year ago. On a non-GAAP basis, net income for the first quarter was $2.9 million or $0.04 per share, compared to a non-GAAP net income of $5.6 million or $0.01 per share in the prior-year quarter. Analysts had a consensus earnings estimate of $0.03 per share for the quarter. Additionally, Topeka Capital Markets initiated coverage on Palo Alto Networks with a Buy rating and a $65 price target last week.
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MAKO Surgical Cor (NASDAQ:MAKO) is very active today and traded between $10.35 - 11.99 with total traded volume of 4128924 shares. At a current price of 11.3304, MAKO is -0.6612 - -5.51% from the previous close of $11.9916. Moreover, At Current Market Price, MAKO is in distance of -13.65% from its 50-day Moving Average price of $13.1209 and -27.69% from its 200-day Moving Average price of $15.67.
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Silvercorp Metals Inc. (USA) (NYSE:SVM) shares decreased 2.86% and closed at $4.75. Bernstein Liebhard LLP, prior last week, announced that a class action has been commenced in the United States District Court for the Southern District of New York on behalf of a class (the Class) of purchasers of Silvercorp Metals Inc common stock between June 24, 2010 through September 13, 2011, inclusive (the Class Period). The Complaint charges that Silvercorp overstated the level of silver production at its mines, as well as the quality and quantity of its ore reserves.
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