Your Cheat Sheet to Today’s Biggest Market Winners and Losers
Though Talbots Inc.‘s (NYSE:TLB) stock has been steadily declining all year, its shares jumped 17.63% today after private-equity firm Sycamore Partners LP made public its 9.9% stake in the company.
Orbotech Ltd. (NASDAQ:ORBK) shares climbed 8.55% today after the Israeli equipment manager reported better-than-expected second-quarter income.
Old National Bancorp (NYSE:ONB) shares jumped early today, closing trading up 7.25% after beating second-quarter earnings expectations.
Haemonetics Corp. (NYSE:HAE) shares closed the day down 10.90% after the company trimmed its 2011 earnings forecast.
Armstrong World Industries (NYSE:AWI) shares fell 4.30% today after reporting a second-quarter profit that fell short of analysts’ expectations.
Auxilium Pharmaceuticals (NASDAQ:AUXL) shares finished the day down 6.67% after reducing its sales expectations for its drug Xiaflex.
Sohu.com Inc. (NASDAQ:SOHU) shares fell 12.16% today after its reported second-quarter earnings fell short of analysts’ expectations.
Healthcare stocks including Health Care Reit Inc. (NYSE:HCN), Skilled Healthcare Group (NYSE:SKH), and Hill-Rom Holdings (NYSE:HRC) took a beating today on news that the debt deal before Congress would issue significant cuts to Medicare.