DJIA Losers: Intel and 2 Stocks Collapsing in the Market Sell Off

The Dow Jones Industrial Average (NYSEARCA:DIA) is up today by 1.8% and stands at 11,965. The large stocks below are among the worst performers today.

Intel (NASDAQ:INTC) shortens Q4 guidance, foreseeing profits of $13.4B-$14B instead of the previously expected $14.2B-$15.2B. The company attributes the downturn to a shortage of hard disc drives that led to reduced inventories and microprocessor purchases across the PC supply chain. INTC shares recently traded at $23.89, down $1.12, or 4.48%. They have traded in a 52-week range of $19.16 to $25.78. Volume today was 71,819,781 shares versus a 3-month average volume of 63,453,800 shares. The company’s trailing P/E is 10.35, while trailing earnings are $2.31 per share.

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Bank of America (NYSE:BAC): The cost of insuring part of Bank of America’s debt with credit default trades has at times been more than that of Spring 2009. BAC shares recently traded at $5.47, down $0.25, or 4.37%. They have traded in a 52-week range of $5.03 to $15.31. Volume today was 132,712,753 shares versus a 3-month average volume of 272,885,000 shares. The company’s trailing earnings are $-0.31 per share.

Caterpillar (NYSE:CAT): According to the FT, the SEC has instructed at least 12 U.S.-listed companies, including American Express (NYSE:AXP) and Caterpillar, to reveal their dealings with Syria, Iran and other “state sponsors” of terror. Sanctions have caused sales to these nations to fall, but Sony (NYSE:SNE) and others have maintained the supply using middle-men. CAT shares recently traded at $92.53, down $3.44, or 3.58%. They have traded in a 52-week range of $67.54 to $116.55. Volume today was 3,832,546 shares versus a 3-month average volume of 10,045,800 shares. The company’s trailing P/E is 14.14, while trailing earnings are $6.54 per share.

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