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Monster Worldwide, Inc. (NYSE:MWW) anticipates third quarter revenues down 12 percent, compared to minus 6 percent year-over-year. Also, third quarter bookings are expected to be down between 10 percent and flat, thanks to the ongoing worldwide economic weakness, especially in Europe, plus the impact of currency translation. Shares closed down 14.21 percent on the day at $6.10, and have traded in a 52-week range of $6.34 to $10.78.
Navistar International Corporation (NYSE:NAV) will make moves that build on the company’s previously announced launch of ICT+ and are also designed to improve its competitive position, and push profitable growth and shareholder value. These strategies include: Adoption of a domestic market proven after-treatment solution to accelerate delivery of ICT+, Navistar’s next generation clean engine solution; a market transition timetable for Class 8 engine sales; and securing a $1 billion loan commitment. As part of the expanded relationship with Cummins Inc. (NYSE:CMI), Navistar intends to offer the Cummins ISX15 engine in certain models. Shares closed down 13.44 percent on the day at $21.44, and have traded in a 52-week range of $20.21 to $48.18.
Netflix, Inc. (NASDAQ:NFLX) is now experiencing a big decrease in streaming usage since the start of the London 2012 Olympics last weekend. Chief Executive Reed Hastings warned that the Games would cut into the firm’s revenues, but the impact appears to be even more than first anticipated. Shares closed down 1.16 percent on the day at $53.87, and have traded in a 52-week range of $54.10 to $260.27.
Nymox Pharmaceutical Corporation’s (NASDAQ:NYMX) NX-1207 for enlarged prostate, and Auxilium Pharamaceutical’s (NASDAQ:AUXL) Xiaflex for Peyronie’s disease, were among the novel urology products that were featured by the Biotech Analyst Research team, along with an MCRI consultant, on an Analyst/Industry conference call held on Thursday afternoon. Shares closed down 2.31 percent on the day at $5.91, having been traded in a 52-week range of $6.00 to $9.89.
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