Offers and Moves - 8th Jan (HILL, ESI, FOE, AXR)

New York, NY -- (SBWIRE) -- 01/08/2013 -- Dot Hill Systems Corp. (NASDAQ:HILL) 19.5% LOWER; updated its guidance for the fourth quarter of 2012. Management now expects net revenue to be in the range of $46.0 million to $46.5 million and non-GAAP EPS to be between $(0.03) to $(0.05), below the prior revenue guidance of $48 million to $53 million and the non-GAAP EPS range of $(0.03) to $0.02, provided on November 8, 2012. The Street sees Q4 revs of $50 million and a loss of 3 cents per share.

Can HILL Extend Fall? If Yes, How Far It Can Go? Find Out Here

ITT Educational Services (NYSE:ESI) 17.9% LOWER; said it expects to record an after-tax charge to net income of approximately $13.2 million in the fourth quarter of 2012. The Company also expects that this after-tax charge to net income will reduce its earnings per share by approximately $0.56 in the fourth quarter of 2012. PAA Research also commented on liquidity issues today.

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Ferro Corporation (NYSE:FOE) shares declined 15.32% to $3.87 in the last trading session. Monness Crespi cut shares of Ferro from a buy rating to a neutral rating in a research note issued to investors on Dec. 31. The 52 week trading range for the company is $2.38 – $7.50. The shares of the company fell 16% in the last one year. The company is a producer of specialty materials and chemicals that are sold to a range of manufacturers who, in turn, make products for many end-use markets.

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Shares of Amrep (NYSE: AXR) traded down 6.34% during midday trading on Monday, hitting $12.55. Amrep has a 52 week low of $4.80 and a 52 week high of $15.77. The stock’s 50-day moving average is currently $10.13. The company’s market cap is $75.2 million.Amrep last posted its quarterly earnings results on Wednesday, December 12th. The company reported $0.05 EPS for the quarter. The company had revenue of $21.31 million for the quarter, compared to the consensus estimate of $23.35 million.

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