Internet
Updated from 6:26 a.m.
Monster Worldwide(MNST) sank 4% after the online jobs company guided below Wall Street estimates for the year. The New York-based online jobs company made $40 million, or 31 cents a share, from continuing operations for the quarter ended Sept. 30, on revenue of $286 million. Monster didn't provide year-over-year comparison figures because it expects to restate earnings going back to 1997 as a result of a stock-option backdating probe that has already brought down longtime CEO Andrew McKelvey. Analysts were looking for 31 cents on $285 million. Monster said it expects to make 32 or 33 cents a share for the fourth quarter, including expenses tied to the options probe and to a corporate "right-sizing" effort that will cut costs. It targets revenue of around $294 million. Analysts were looking for 34 cents on $295 million. Shares fell $1.63 to $40.29.TheStreet Premium Services
Jim Cramer's Action Alerts PLUS:
Trade right alongside a Wall Street pro — enjoy access to his Charitable Trust portfolio and be sent trade alerts BEFORE he makes a move. Learn More
OptionsProfits:
Get 50+ trade ideas a week from the industry's top options experts. Plus — exclusive commentary on market trends and essential trading tools. Learn More
Real Money:
Our team of professional Wall Street Pros — including Jim Cramer, Doug Kass, and Nicholas Vardy — delivers intelligent analysis, timely trade ideas, and colorful commentary. Learn More
Stocks Under $10:
Break into the market with small- and mid-cap stocks... all $10 or less! David Peltier tells you exactly which low-priced stocks he's buying and selling. Learn MoreTo begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
blog comments powered by Disqus
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
Oil *
101.78
|
|
DOWN
26.41 |
DOWN
2.99 |
DOWN
10.02 |
DOWN
0.44 |
10 Yr
1.58%
SPDR Gold
151.62
|
|
-0.21%
|
-0.23%
|
-0.35%
|
-2.71%
|
Data delayed 20 minutes |
Connect with TheStreet