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VG, CT, BKI are the Biggest NYSE Percentage Losers as per Penny Stock Pick Alerts

November 5, 2009

(EMAILWIRE.COM, November 05, 2009 ) Dallas, TX - Vonage Holdings Corp. (NYSE:VG) was one of the most active losers in today`s trading session as it plunged over 23.03% to $1.37 on a volume of 25.43 million shares after the company today announced results for the third quarter ended September 30, 2009. Vonage reported record adjusted earnings before interest, taxes, depreciation and amortization of $33 million, up from $15 million in the year ago quarter and $31 million sequentially. This is the eighth consecutive quarter of record high adjusted EBITDA. Revenue of $222 million was down 2% year-over-year and up 1% sequentially.

Capital Trust, Inc. (NYSE:CT) declined 22.60% to $1.61 on a volume of 949K shares after the company today reported results for the quarter ended September 30, 2009. The company reported a net loss of $106.5 million or $4.75 per share for the period. Third quarter net loss was driven primarily by $113.1 million of loan loss provisions and securities impairments. At quarter end, the Company's loan portfolio consisted of 65 assets with an aggregate net book value of $1.6 billion.

Buckeye Technologies Inc. (NYSE:BKI) decreased 11.26% to $8.12 on over 788K shares as the company announced yesterday net Income of $39.2 million or $1.00 per share including $35.1 million or $0.89 per share from Alternative Fuel Mixture Credits. First quarter earnings included net income of $35.1 million, or $0.89 per share, from alternative fuel mixture credits earned during the quarter. Net sales were $177 million for the first quarter of fiscal 2010 compared to a record $221 million in the first quarter of fiscal 2009.


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Source: EmailWire.Com

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