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Zynga Inc (NASDAQ:ZNGA) shares fell 1.15% to $2.59. The company, last week, confirmed that it has carried out 11 of the planned shutdowns of 13 game titles, with "Petville" being the latest game on which it pulled the plug. The company in October said it would shut down 13 underperforming titles after warning that its revenues were slowing as gamers fled from its once-popular titles published on the Facebook platform in large numbers and sharply revised its full-year outlook.
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Sears Holdings Corporation (NASDAQ:SHLD) shares dropped 1.91% to $42.10 after the company announced that CEO Louis J. D’Ambrosio is stepping next month due to health issues involving his family. The company, which operates Sears and Kmart stores, said D’Ambrosio will be replaced by company chairman and its largest shareholder, Edward Lampert. D’Ambrosio will remain on the board until the company’s annual meeting in May. Additionally, the company provided an update on our quarter-to-date performance, financial position and progress against our strategic priorities as we continue our transformation to an integrated retailer. Total domestic comparable store sales for the nine-week period declined 1.8% largely due to sales declines in the consumer electronics category at both Sears and Kmart.
Is SHLD Showing Any Sign of Buy At The Current Market Price? Get Our Free Trend Analysis Here
Goldcorp Inc. (USA) (NYSE:GG) stock dropped 2.61% to $34.30 after the company announced that it expects to produce between 2.55 and 2.80 million ounces of gold in fiscal 2013. Forecast fiscal 2013 silver production is expected at between 29 and 31 million ounces (including approximately 20 to 21 million ounces at Peñasquito). Zinc production is expected to be between 285 and 305 million pounds and lead production is forecast between 145 and 160 million pounds. Copper production is forecast between 95 and 100 million pounds. On a gold equivalent basis, Company-wide forecast 2013 gold production totals approximately 3.5 million to 3.8 million ounces.
Can GG Rebound After The Recent Slump and Investors Can Make Money? Find Out Here
Plexus Corp. (NASDAQ:PLXS) stock declined 4.65% to $24.60 after the company expects first-quarter 2013 earnings and revenue to fall short of its previous guidance, due to weak demand in its networking and communications business. The Company now expects per-share earnings (EPS) of 45 cents to 47 cents, excluding restructuring charges, and revenue of around $531 million. The Company had previously expected earnings of 50 cents to 55 cents on revenue of $550 million to $580 million.
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Kindred Healthcare, Inc. (NYSE:KND) shares fell 2.75% to $10.96 in the early hour after the company announced revised earnings guidance for the year ended December 31, 2013 as a result of certain Medicare reimbursement changes included in the recently enacted American Taxpayer Relief Act of 2012. The Company expects consolidated revenues for 2013 will approximate $5.9 billion.
How Should Investors Trade KND After The Recent Volatile Moves? Find Out Here
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