Shares of NutriSystem plunge 32% as they cut third-quarter earnings from 77 to 82 cents to between 62 and 66 cents a share.
The company cited a decline in business from new customers.
NutriSystem also said it now expects quarterly revenue of $188 million, compared to its earlier estimate of between $200 million and $208 million.
Wisconsin's attorney general, J.B. Van Hollen, asked the U.S. Justice Department to block the $4.3 billion merger of XM and Sirius because it will eliminate competition.
"The proposed merger would eliminate competition in the satellite radio industry and the combined XM-Sirius companies would be free to raise prices, stifle innovation and reduce program diversity."
SmartGuy Stock made a prediction on Comtech back on June 10, 2007. His thought was that Comtech would greatly benefit from a Government contract of $605M through 2010. For that contract, SmartGuy Stock was bullish on the company. However, there was some other good news that he didn't see coming.
Get in with PM stocks while you can. The uptrend with gold and silver stocks in the past month has been nothing short of spectacular. The interesting phenomenon is that PM stock prices still lag previously set prices during the most recent period that physical PM prices traded at these levels.
On Monday (September 10th), Manitowocâ€™s Chairman and former CEO Terry D. Growcock gave a wonderfully bullish presentation on global construction and infrastructure growth. Iâ€™ve been meaning to discuss Manitowoc for some time after I started a position in it a couple of months ago, but Mr.