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New York, NY - LiquidTycoon.com is pleased to alert investors of stocks on the move.
Alcoa Inc. (NYSE:AA) is expected to post a third consecutive quarterly loss on Wednesday, July 08, 2009. On July 06, 2009, analysts from Thomson Reuters expect Alcoa Inc. to report a net loss of $0.34 per share from a profit of $0.66 per share in the year-ago period. 2Q2009 revenue is expected to have fallen 48.3% to $3.9 billion. The full-year forecast is currently for a loss of $1.04 per share and revenue of $16.7 billion (-38.0%). Alcoa has missed expectations in the past three quarters, by as much as $0.17 per share. The long-term EPS growth forecast is 10.0%, which is better than the sector average. In the last trading session, the stock closed at $9.86.
Beacon Power Corp. (NASDAQ:BCON), on July 06, 2009, announced that Beacon has received a conditional commitment from the U.S. Department of Energy (DOE) for a loan guarantee of approximately $43 million. The DOE's offer outlines terms for a loan that would finance more than 60% of Beacon's planned 20-megawatt (MW) flywheel-based energy storage plant to be located in Stephentown, New York. In the last trading session, the stock closed at $0.870.
Beazer Homes USA, Inc. (NYSE:BZH) on July 05, 2009, announced that the company has reached settlement with various government agencies over fraudulent activities perpetrated by Beazer Homes mortgage unit. The company has come to terms with the U.S. Attorney's Office for the Western District of North Carolina, U.S. Department of Housing and Urban Development and the civil division of the Department of Justice. In addition, certain of the Company's subsidiaries have entered into a settlement agreement with the North Carolina Real Estate Commission. Under the agreement, Beazer will contribute $7.5 million to a fund to compensate customers affected by accounting irregularities. In the last trading session, the stock closed at $1.80.
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