This Day On The Street
Continue to site
ADVERTISEMENT
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

Winners and Losers: AgFeed

Updated from 2:35 p.m. ET

Ag Feed Industries (FEED) shares soared 61% Monday after the company announced its full-year profit more than doubled.

Shares were up 66 cents to $1.74 after the China-based company, which makes animal feed and pork products, said its hog-production capacity saw a big increase. AgFeed posted a 2008 profit of $16.9 million, or 53 cents per share, up from $6.7 million, or 25 cents per share, in 2007.

Shares of WSP Holdings (WH), a China-based maker of tubular products used in oil and gas exploration, were up 27%, or 61 cents to $2.91 Monday after the company announced it would pay a 30-cent divided per U.S. American depositary share and a one-time special cash dividend of 45 cents per ADS out of its annual profits for the years ended Dec. 31, 2007 and Dec. 31, 2008.

Shares of PetroQuest Energy (PQ - Get Report), an independent oil and gas producer based in Lafayette, La., were up 17%, or 36 cents to $2.45.

Arena Pharmaceuticals (ARNA - Get Report) shares were down 21.6%, or $1.10, to $3.99 following a downgrade from Canaccord Adams from hold to sell. Volume was more than 4.9 million shares.

Sonic Automotive (SAH - Get Report) shares were down 15%, or 23 cents to $1.28. A survey of analysts by Thomson Reuters expects the Charlotte, N.C.-based auto retailer to report earnings today of 3 cents a share, 65 cents less than the fourth quarter of 2007.
Copyright 2009 TheStreet.com Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed. AP contributed to this report.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG
WH $0.02 0.00%
ARNA $2.71 0.00%
PQ $1.44 0.00%
SAH $21.73 0.00%
AAPL $113.29 0.00%

Markets

Chart of I:DJI
DOW 16,643.01 -11.76 -0.07%
S&P 500 1,988.87 +1.21 0.06%
NASDAQ 4,828.3250 +15.6170 0.32%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs