Volatile trading for Tuesday continued on for the morning, remaining unaffected by the news that Italian prime minister Silvio Berlusconi lost his parliamentary majority vote, putting more pressure on him to resign. Adding to the volatile trading, stocks within Nasdaq and NYSE remained highly negative as the morning began.
Exide Technologies (Public, NASDAQ:XIDE) plunged by 31.03% to trade at $3.10 per stock, opening the day at $3.53. Overall traded volume followed suit and rose to 2.73M, bypassing its average volume of 671,738.00 despite its declines. Market capitalization stood at 241.31M, following a P/E of 8.54 and an EPS of 0.36.
Exide Technologies announced that for fiscal 2012, the Company now expects operating income, excluding restructuring and impairment charges, to be approximately 10% below the comparable prior year amount of $138 million, assuming no change to the Company’s estimates of the misstatements of production and inventories, stable lead prices and no additional significant decline in global economic conditions.
Stereotaxis, Inc. (Public, NASDAQ:STXS) fell 16.40% to trade at $1.04 per stock early Tuesday, opening the day at $1.10. Overall traded volume rose to 237,566.00 however, beating out its average volume of 211,288.00. Market capitalization stood at 57.94M, following an EPS of -0.50.
Stereotaxis, Inc. has announced the launch of Odyssey Cinema™ Studio, an industry-first clinical procedure online broadcast platform providing a turn-key solution for hospitals to facilitate high definition remote physician collaboration and global medical education.
Nomura Holdings, Inc. (ADR) (Public, NYSE:NMR) declined 7.36%, falling to a price of $3.40 after the company opened the day at $3.16, the new 52-week low. Volume however remained high at 1.28M, beating out its average volume of 424,067.00. Market capitalization resided at 12.48B, alongside a Div/Yield of 0.05/2,84 and an EPS of -0.01.
SmartHeat Inc (Public, NASDAQ:HEAT) plummeted 10.30% early Tuesday morning, falling to a price of $0.547 after opening the day at $0.57. Overall traded volume resided at 155,431.00, its average volume being 168,684.00. Market capitalization stood at 21.12M, alongside a P/E of 2.13. EPS remained at 0.26.
SmartHeat Inc. announced that due to the impact of significant drops of sales, impact of rising prices on business and the integration costs of Gustrower Warmepumpen GmbH and Shenyang Bingchuan Refrigerating Machine Limited Company, two companies acquired by SmartHeat in first quarter of 2011, the Company has revised fiscal 2011 earnings guidance and expects $18 million to $20 million in net loss and $40 million to $50 million in revenue.
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