Weight Watchers Plummets to New Year Low


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Companies Mentioned

NASDAQ:SIRI / NASDAQ:LOGM / PK:BRDT / NYSE:WTW
02/18/2014 [ACCESSWIRE]

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Sirius XM Holdings Inc. (NASDAQ: SIRI) – For an in-depth report on Sirius XM Holdings Inc. follow: www.BullTrends.com/stockquote/SIRI

Shares of Sirius XM closed up a modest 1.28% this past Friday with nearly 50 million shares traded. The company recently reported record subscribers. In 2013, revenue increased 12% year over year to $3.8 billion. And Sirius XM added 1.66 million subscribers in 2013, capping off the year with 25.6 million customers. In 2013, the operating income of Sirius hit record highs to $1.04 billion, which points to an operating margin of 27.5%.

LogMeIn, Inc. (NASDAQ: LOGM) – For an in-depth report on LogMeIn, Inc. follow: www.BullTrends.com/stockquote/LOGM

Shares of LOGM closed up 21.67% on Friday with nearly 3.6 million shares traded. The stock was one of the biggest gainers trading on the NASDAQ that day and even soared to a new high of $42.74 during intra-day trading. The company’s fourth quarter results and full year guidance surpassed expectations. LogMeIn reported Q4 adjusted earnings per share of 16c and revenue of $45.2M, compared to expectations of 15c and $43.99M, respectively. The company’s first quarter and fiscal 2014 guidance easily topped expectations. For Q1, the company forecast adjusted EPS of 20c-21c and revenue of $46.8M-$47.3M, compared to consensus of 17c and $44.27M, respectively. For FY14, adjusted EPS was guided to 86c-96c, while revenue was seen at $198M-$202M.

BreedIT Corp. (OTC: BRDT) – For an in-depth report on BreedIT Corp. follow: www.BullTrends.com/stockquote/BRDT

BreedIT closed up 23.99% this past Friday with about 2.4 million shares traded. It was one of the biggest gainers in the OTC market and even hit a new high of 50 cents during intra-day trading. The exclusive worldwide license holder and distributor of highly sophisticated agro-breeding solutions software for plant breeders and researchers; recently announced that the Company is focusing certain business development efforts on emerging medical Cannabis markets worldwide starting with an Israeli medical device maker.

Weight Watchers International, Inc. (NYSE: WTW) – For an in-depth report on Weight Watchers International, Inc. follow: http://www.bulltrends.com/stockquote/ELLI

Shares of Weight Watchers International closed down 27.73% this past Friday on about 9.8 million shares traded. The stock was one of the biggest losers in the NYSE and hit a new 52-week low of $21.95 during intra-day trading. The big drop came after the company projected earnings that trailed analysts’ estimates. It was the worst one-day drop since its initial public offering more than 12 years ago.

 

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