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New York, NY -- (SBWIRE) -- 01/10/2013 -- Molycorp Inc (NYSE:MCP) declined 10.10% to $9.70 in the pre-market trading hours. The stock is down after the Company said it expected lower-than-expected revenue and cash flow for 2013 due to reduced rare-earth prices. The Company said it was evaluating its capital needs for 2013 as it ramps up its rare-earth manufacturing complex in Mountain Pass, California.The Company announced that all key production components of its new state-of-the-art rare earth manufacturing complex in Mountain Pass, California are up and operational and that the facility has begun ramping up to its full-scale “Phase 1? run rate.
How Should Investors Trade MCP After Today’s Fall? Find Out Here
Aeropostale Inc. (ARO) announced Thursday morning that comparable store sales for the nine-week period ended December 29, excluding the e-commerce channel, fell 9 percent, compared to a 10 percent decrease last year.The company now expects fourth quarter net earnings to be in the range of about $0.20 to $0.24 per share, sharply lower than its previously issued guidance of approximately $0.36 to $0.41 per share. The consensus estimate is for EPS of $0.40.
Aeropostale gapped open sharply lower Thursday and is now down 1.42 at $11.95 on above average volume. The stock is now testing support at the lows of the year, trading at over a 2-month low.
We Have A Free Trend Analysis on ARO, Find Out Here
Ascena Retail Group, Inc. (NASDAQ: ASNA) 11% LOWER; Holiday sales up 1%. Sees full year adjusted diluted earnings per share guidance in the range of $1.20 to $1.30 is more appropriate, versus our previous guidance of $1.45 to $1.55. *** The Street currently sees FY12 EPS of $1.53.
How Should Investors Trade ASNA Now? Find Out Here
Shares of Tiffany & Co. Com (NYSE:TIF) are trading at $59.96 and is +0.94% of its 50-day Moving Average price of $59.4021 and +0.73% from its 200-day Moving Average price of $59.5246. The average trading volume is 2054980 shares and its market capitalization is $7.601B.
For a FREE INSTANT ANALYSIS of TIF, please visit here
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