Updated from 12:04 p.m. EST
(CHCI - Get Report)
were among the
losers Monday, falling 9% after the homebuilder warned that fourth-quarter earnings would be below Wall Street forecasts.
Comstock sees fourth-quarter earnings of $1.01 to $1.10 a share. Analysts polled by Thomson First Call expected earnings of $1.21 a share. Comstock now sees full-year earnings of $2.50 to $2.60 a share, below its previous forecast of $2.68 to $2.73 a share. Analysts expected earnings of $2.70 a share.
Comstock also announced a repurchase plan for one million shares, and said it has begun planning an expansion into certain markets outside of its core Washington, D.C., market. Shares recently traded down $1.40 to $14.22.
shares rose 4% after the women's clothing retailer said it has hired financial adviser Peter J. Solomon Co. to help explore strategic options, including a possible sale. The move comes after
offered to buy the company last month for $18 a share. J. Jill said at the time it would review the bid. In a statement Monday, Liz Claiborne said it is pleased J. Jill has decided to review strategic alternatives, and it looks forward to participating in the process. J. Jill shares recently changed hands at $19.14, up 76 cents.
Lions Gate Entertainment
(LGF - Get Report)
slumped 11% after the movie producer and distributor lowered its fiscal 2006 earnings guidance. The company cut its earnings forecast to $15 million from its previous projection of $35 million. Lions Gate continues to expect free cash flow of more than $100 million and sales of more than $850 million. "The disappointing performance of the theatrical release
In the Mix
, coupled with recent softness of family home entertainment product, direct-to-video releases and decreasing library margins due to catalog product mix, has put pressure on this year's EBITDA," the company said. Analysts project earnings of 26 cents a share and sales of $873.2 million for the year ending March 31. Lions Gate shares recently fell $1.04 to $8.24.