Sohu.com, Changyou.com, Medco Health Top Stock Percentage Decliners Feb 6th
Sohu.com Inc. (NASDAQ:SOHU): Sees Q1 total revenue $219M-$225M vs. consensus $238.15M. Assuming no new grants of share-based awards, Sohu estimates that compensation expenses and income tax expenses relating to share-based awards to be around $3M-$4M. The estimated impact of this expense is expected to reduce Sohu’s fully diluted EPS for Q1 of 2012 under US GAAP by 8c-10c. The shares closed at $53.41, down $9.64, or 15.29%. They have traded in a 52-week range of $46.35 to $109.37.
Changyou.com Limited (NASDAQ:CYOU): Assuming no new grants of share-based awards, share-based compensation expense to be between $1.0M-$1.5M, reducing fully diluted earnings per ADS attributable to Changyou.com Limited by 2c-3c. The shares closed at $25.31, down $3.78, or 12.99%. They have traded in a 52-week range of $22.81 to $52.00.
Medco Health Solutions Inc. (NYSE:MHS): Key FTC officials believe a planned merger between Express Scripts (NASDAQ:ESRX) and Medco Health Solutions (NYSE:MHS) should be stopped but want to be sure to have adequate evidence to win a court fight, according to sources reporting to Reuters, who said a decision on whether or not to sue is expected by late February or early March. The latest objection to the merger comes from The Food Marketing Institute, a group representing grocery chains, which sent a letter of protest to the Federal Trade Commission last week, the report added. The shares closed at $58.47, down $5.14, or 8.08%. They have traded in a 52-week range of $44.60 to $66.38.
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