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CGG Veritas Loses 15.77% On 2X Volume

Tue. October 07, 2008; Posted: 11:06 PM
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(financialwire.net via COMTEX) -- CGV | Quote | Chart | News | PowerRating -- October 8, 2008 (FinancialWire) CGG Veritas (NYSE: CGV | Quote | Chart | News | PowerRating) (Current Market Cap: US$2.62 Bil.) lost 15.77% Tuesday on volume of 900,839, which was more than twice its three-month average 359,795, to end the day at $19.01, a new 52-week closing low.

CGG Veritas (Compagnie Generale de Geophysique-Veritas) was enrolled in Investrend Research affiliate ValuEngine's professional analyst program. Complete information is available at the company's InvestorPower" page, which is accessible from http://www.investrend.com/company/list.asp?sPathParam=yes .

FinancialWire" is a fully independent, proprietary news wire service of Investrend Information (a division of Investrend Communications, Inc.). FinancialWire" news is written by professional journalists, dedicated to pure journalistic standards. FinancialWire" does not receive or accept any compensation from any individual or subject company (or representative thereof) for its news or opinions. All FinancialWire" news is available at http://www.financialwire.net. Please address any inquiries to feedback@financialwire.net .

Free annual reports for companies mentioned in the news are available at http://investrend.ar.wilink.com/?level=279 .

http://www.financialwire.net

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