This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Friday's Winners & Losers: World Fuel Services

Updated from 2:02 p.m. EDT

World Fuel Services (INT) was among the NYSE's losers Friday, falling 10.2% after the fuel provider posted disappointing second-quarter earnings.

The company earned $17 million, or 58 cents a share, on revenue of $3.27 billion. Analysts polled by Thomson Financial expected earnings of 63 cents a share. During the year-earlier quarter, the company earned $14.5 million, or 50 cents a share, on revenue of $2.86 billion. Shares closed down $4.44 to $39.

Steak n Shake (SNS) tumbled 8.7% after the restaurant chain posted disappointing third-quarter results and cut its full-year guidance. The company earned $124,000, or less than a penny a share, on revenue of $153.6 million. Results included one-time items that cut earnings by 13 cents a share. Analysts expected earnings of 18 cents a share on revenue of $156.9 million. During the year-earlier quarter, the company earned $7.3 million, or 26 cents a share, on revenue of $150.4 million.

Looking ahead, Steak n Shake now sees full-year earnings of 40 cents to 48 cents a share, down from an earlier forecast of 53 cents to 67 cents a share. The company now sees same-store growth falling 4% to 5%. Previously, the company said that sales would fall 2% to 4%. Shares closed down $1.47 to $15.42.

Shares of Family Dollar Stores (FDO) slid 2% after Oppenheimer downgraded shares to neutral from buy. The downgrade comes a day after Family Dollar cut its fourth-quarter earnings guidance and warned that results would be below analysts' expectations. Shares closed down 53 cents to $26.11.

1 of 2

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To 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.
Submit an article to us!


DOW 17,648.61 +291.74 1.68%
S&P 500 2,046.96 +34.07 1.69%
NASDAQ 4,722.2550 +77.9430 1.68%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs