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New York, NY -- (SBWIRE) -- 03/15/2013 -- StockRunway.com issues special report on the Stocks on Trader’s Watch List – Aeropostale, Inc (NYSE:ARO), Molycorp Inc (NYSE:MCP)
Aeropostale, Inc (NYSE:ARO) on Thursday announced a loss for fiscal Q4 and announced it projects another one in the present quarter. Shares of the company tumbled in after-hours trading session on Thursday.
The company has been struggling for some time with tough rivalry and its fickle young shoppers. Chief Executive Thomas Johnson announced on Thursday that results for the whole year had been unsatisfactory.
The teen retailer declared a loss for the 14 weeks through February 2 came to $671,000, or 1 cent a share, Evaluated against net income of $26.1 million or 32 cents a share in the 13-week period in previous year.Aeropostale announced a profit of 24 cents per share without costs for writing down the value of its stores, low from 44 cents per share in previous year.
Can Investors Bet on ARO after this News update? Find out in this Research Report
Molycorp Inc (NYSE:MCP) announced a wider-than-forecasted loss after the owner of the biggest rare-earth deposit outside China failed to meet target outlook and prices for the commodities fell.
The Greenwood Village, Colorado-based Molycorp announced in a statement on Thursday that the Q4 net loss was $359.6 million or $2.91 per share, without offering previous year numbers.
Quarterly loss was 45 cents per sharewithout a $264.3 million write-down and other special items, wider than the 30-cent median of 6 analysts’ forecasts gathered by Bloomberg.Sales of the company hiked 1% to $134.3 million, failing to meet the $138.5 million median forecasts of 4 analysts.
Is MCP a Solid Investment at These Levels? Read This Report For Details
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