Biggest Stocks Losers from Services Sector are NYSE: MGM, DKS, DSX
Stocks from Services Sector
Dallas, TX 11/19/2009 05:21 PM GMT (TransWorldNews)
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MGM MIRAGE (NYSE:MGM) plunges 5.40% to $11.20. The stock hit an intraday high and an intraday low of $11.73 and $10.86 respectively. In the last six months the stock went up over 34%. MGM MIRAGE is engaged in gaming and resort operations. The Company owns and operates casino resorts, which includes offering gaming, hotel, dining, entertainment, retail and other resort amenities. As of December 31, 2008, the Company’s operations consisted of 17 wholly owned casino resorts and 50% investments in four other casino resorts.
Dick's Sporting Goods, Inc. (NYSE:DKS) plunges 9.95% to $22.35 after the company reported third quarter 2009 results. The Company reported consolidated net income for the third quarter ended October 31, 2009 of $18.9 million, or $0.16 per diluted share. The third quarter earnings per diluted share exceeded estimated earnings expectations provided on August 20, 2009 of $0.04 - 0.07 per diluted share. For the third quarter ended November 1, 2008, the Company reported consolidated non-GAAP net income of $8.0 million, or $0.07 per diluted share. Non-GAAP earnings exclude merger and integration costs. On a GAAP basis, the Company reported consolidated net income for the third quarter ended November 1, 2008 of $6.2 million, or $0.05 per diluted share.
Diana Shipping Inc. (NYSE:DSX) plunges 5.95% to $16.90. The stock hit an intraday high and an intraday low of $17.50 and $16.72 respectively. In the last six months the stock went up over 3%. Diana Shipping Inc. is a global provider of shipping transportation services. The Company is engaged in transporting dry bulk cargoes, including commodities as iron ore, coal, grain and other materials along global shipping routes.
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