Top NYSE Pre-Market Losers (HOG, ITW, OXY)

Posted by Tony on October 19, 2010 in Losers, NYSE |

Harley-Davidson, Inc. (NYSE:HOG) slid 0.97% to $32.18 in pre market hours. The company said that its third-quarter profit more than tripled to $88.8 million, or 38 cents a share, from $26.5 million, or 11 cents a share, in the year-ago period.

Earnings from continuing operations were 40 cents a share, while analysts polled by FactSet Research were looking for a profit of 44 cents a share, on average.

Sales edged down to $1.09 billion from $1.11 billion, with Wall Street expecting sales of $1.1 billion.

The 52-week range of the stock is $21.26-$36.13. The stock went up more than 27% year-to-date.

Illinois Tool Works Inc. (NYSE:ITW) fell 0.28% to $49.04 in pre market trading hours after the company said that its third-quarter profit was $419.3 million, or 83 cents a share, up from $302.4 million, or 60 cents a share, in the year-ago period.

Analysts surveyed by FactSet Research had expected, on average, profit at the Glenview, Ill., industrial firm of 82 cents a share on revenue of $4.03 billion.

In the past six months of trading sessions, the stock went up more than 1%.

Shares of Occidental Petroleum Corporation (NYSE:OXY) lost 0.29% to $85.20 during the pre market after the company said that its third-quarter net income rose to $1.19 billion, or $1.46 a share, from $927 million, or $1.14 a share, in the year-ago period.

Wall Street analysts expected Occidental to earn $1.36 a share on revenue of $5 billion, according to a survey by FactSet Research.

The 52-week range for the stock is $72.13-$90.99. The stock went up more than 3% year-to-date.

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