CNH, Tellabs, Polypore, Gentex Major Stock Price Percentage Droppers Jan 31st

CNH Global NV (NYSE:CNH): Sees agricultural equipment demand to be flat to up 5% on the back of firm agricultural commodity prices and construction equipment is expected to continue its recovery with industry unit sales expected to be pu 15%-20%. The shares closed at $41.74, down $4.78, or 10.28%. They have traded in a 52-week range of $22.19 to $54.45.

Tellabs, Inc. (NASDAQ:TLAB): Sees Q1 non-GAAP operating expense to be in mid-$120M. Tellabs’ Q1 non-GAAP gross margin excludes approximately $1M, and non-GAAP operating expense excludes approximately $5M, in equity-based compensation expense. The shares closed at $3.80, down $0.39, or 9.31%. They have traded in a 52-week range of $3.67 to $5.80.

Polypore International, Inc. (NYSE:PPO): JP Morgan recommends staying on the sidelines on Polypore until there is further clarity of the LG Chem integration of their battery separator to their regular business. The shares closed at $38.08, down $16.26, or 29.92%. They have traded in a 52-week range of $42.43 to $74.21.

Gentex Corporation (NASDAQ:GNTX): Reports revenue $260.3M vs. consensus $273.15M. The shares closed at $26.87, down $3.25, or 10.79%. They have traded in a 52-week range of $21.84 to $32.97.

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To contact the reporter on this story: Derek Hoffman at staff.writers@wallstcheatsheet.com

To contact the editor responsible for this story: Damien Hoffman at editors@wallstcheatsheet.com