NEW YORK (AP) â¿¿ A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading: Ivanhoe Mines Ltd. fell 7.6 percent to $14.56. Overseas Shipholding Group fell 7.1 percent to $11.45. Millenial Media Inc. fell 6.7 percent to $21.08. Guidewire Software Inc. fell 6.6 percent to $28.02. Supervalu Inc. fell 6.4 percent to $5.30. GP Strategies Corp. fell 6.4 percent to $16.74. American Reprographics Co. fell 6.1 percent to $5.37. Global Geophysical Services Inc. fell 5.8 percent to $9.81. IRSA Inversiones y Representaciones SA fell 5.6 percent to $9.13. GasLog Ltd. fell 5.5 percent to $11.80.
Global Geophysical Services (GGS) plunged more than 50% to a one-year low of 48 cents on Tuesday after the company stated some of its past financial reports are unreliable. The company said in its preliminary fourth-quarter and full fiscal year results that financial reports for each of the fiscal years ended Dec. 31, 2012, 2011, 2010, and 2009 and the first, second and third quarters of 2013 "should no longer be relied upon because of accounting errors resulting from material weaknesses in the company's internal controls." Global Geophysical did state, though, that it expects to report fourth-quarter revenue of approximately $81 million, which would beat the Capital IQ consensus estimate of $75.6 million. The company also expects a pre-tax loss from operations of $69.4 million.