Hot Losers: Quicksilver Resources Inc, General Cable Corporation, Penn Virginia Corporation

Lakeway, TX -- (SBWIRE) -- 02/19/2013 -- vbtrendreport.com, an investment community with a special focus on updating investors with recent news on the U.S. stock market, issues news alert on the following stocks:-

Quicksilver Resources Inc (NYSE:KWK) shares dropped 8.44% and closed at $2.17 in yesterday’s session. Equities research analysts at Barclays Capital lowered their price target on shares of Quicksilver from $3.00 to $2.50 in a research note issued to investors on Feb. 15. The firm currently has an “underweight” rating on the stock.

Additionally, the company announced the company expects to release fourth-quarter 2012 earnings on Monday, February 25, 2013, before the market opens. The company will host a conference call the same day at 10:00 a.m. Central time to discuss financial and operating results.

How Should Investors Trade KWK After The Solid Jump? Let’s Find Out Here

General Cable Corporation (NYSE:BGC) shares fell 0.69% to $34.63 in the last trading session. The company, on Feb. 14, said it expects that it will incur a one-time pre-tax charge of $42 million in the first quarter of 2013 primarily related to the Company's remeasurement of its local balance sheet on the date of Venezuelan Currency Devaluation. The company said it does not expect any impact to its 2012 results of operations or cash flows. The Venezuelan government announced the official exchange rate of its currency Bolivars would be adjusted from 4.3 Bolivars to each US Dollar to 6.3, effective February 13, 2013.

Is BGC Ready To Jump Again After The Solid Momentum? Get Free Trend Analysis Here

Penn Virginia Corporation (NYSE:PVA) shares fell 6.09% to $4.47 in the last trading session. The company, on Jan. 29, announced proved oil and gas reserves and provided an update of its operations, including full-year and fourth quarter 2012 operational results. The company’s preliminary fourth quarter 2012 realized oil price was $99.30 per barrel, compared to $99.45 per barrel price in the third quarter of 2012.

Additionally, the company announced that it will release its fourth quarter and full-year 2012 results after the market closes on Wednesday, February 20, 2013 and hold a conference call / webcast on Thursday, February 21, 2013 at 10:00 a.m. ET.

Is PVA A Buy After The Recent Price Movement? Find Out Here

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