24/7 Wall St. Closing Bell β October 10, 2012: Markets Slide Again (HD, QCOM, DLTR, ARMH, JCI, AA, YUM, COST, HELE, HST, RT, SWY, WGO, OCZ, AUG, TRLG, SIRI)
Oct 10th 2012 4:05PM
OCZ Technology Group Inc. (NASDAQ: OCZ) is down 40.6% at $1.87 after posting a new 52-week low of $1.79 earlier today. The solid-state drive company will file quarterly results late and revenues will be lower. More coverage here.
AuRico Gold Inc. (NYSE: AUQ) is up 20.2% at $7.72. The junior gold miner sold a Mexican mine and a stake in another property for $750 million in cash.
True Religion Apparel Inc. (NASDAQ: TRLG) is up 21.8% at $25.59. The clothing retailer said today that it is exploring strategic alternatives. More coverage here.
Sirius XM Radio Inc. (NASDAQ: SIRI) is up 4.2% at $2.74 after posting a new 52-week high of $2.75 earlier today. The satellite radio company raised guidance on subscriber numbers today. More coverage here.
Stay tuned for Thursday. Fed Governor Jeremy Stein, Philadelphia Fed President Charles Plosser and St. Louis Fed President James Bullard are giving speeches. We have also noted the following events on the schedule (all times Eastern):8:30 a.m. - International trade 8:30 a.m. - New claims for unemployment benefits 8:30 a.m. - Import and export prices 10:30 a.m. - EIA weekly natural gas storage report 11:00 a.m. - EIA weekly petroleum status report 1:00 p.m. - 30-year note auction 4:30 p.m. - Fed balance sheet and money supply