Tuesday Top Losers Buzz (VMW, ANAC, STX, LXK)

Los Angelas, CA -- (SBWIRE) -- 01/29/2013 -- VMware (NYSE:VMW) led the decliners, as the enterprise software company's shares fell more than 21% to $77.66. At least four Wall Street analysts cut their ratings on VMware after the company reported on Monday fourth-quarter results that were essentially in line with estimates, but gave a weaker-than-expected first-quarter sales forecast.

Will New Regulations Weigh over VMW Revenue Stream? Find Out Here

Anacor Pharmaceuticals Inc. (NASDAQ:ANAC) are down 17.79% to $4.25 on trading volume of 4.2 million shares. The shares fell following disappointing results on a test for toenail fungus therapy. Before Tuesday, the 52-week low was $4.50.

What Are ANAC’s Charts Signaling For Traders? Find Out Here

Seagate Technology Inc.'s (NASDAQ:STX) second-quarter earnings fell 13% amid slower sales of disk drives, which its executives predicted will continue in the current quarter.

Has STX Found The Bottom And Ready To Gain Momentum? Find Out Here

Lexmark International Inc (NYSE:LXK) declined 12.81% to $24.40 on a traded volume of 2.18 million shares. The Company announced fourth quarter results. GAAP revenue was $967 million includes $1 million of acquisition-related adjustments. Non-GAAP1 revenue declined 9% to $968 million. GAAP earnings per share were $0.10 compared to GAAP earnings of $0.94 per share in the fourth quarter of 2011. Non-GAAP earnings were $0.61 per share compared to non-GAAP earnings of $1.25 per share in the fourth quarter of 2011.

Is LXK a Solid Investment at These Levels? Find Out Here

DISCLAIMER:
Neither HotPennyStockNews.com nor its owners, operators, affiliates or anyone disseminating information on its behalf is registered as an Investment Advisor or broker dealer in any jurisdiction whatsoever and none of the information provided by HotPennyStockNews.com, owners, operators, affiliates or anyone disseminating information on its behalf should be construed as investment advice or an investment recommendation. HotPennyStockNews.com makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through HotPennyStockNews.com. Investing in securities is speculative and carries a high degree of risk and no investment should be made unless you can afford to lose your entire investment. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. Please consult a broker before purchasing or selling any securities viewed on or mentioned herein..

Contact:
hotpennystocknews.com
info@hotpennystocknews.com