Filed under: Earnings reports, Analyst reports, ChinaShares of Ctrip.com International, Ltd. (NASDAQ: CTRP) dropped into negative territory right out of the gate this morning, thanks to some skeptical analyst commentary. The Shanghai-based travel firm is slated to report its second-quarter earnings after the closing bell tonight, and Piper Jaffray analyst Michael J. Olson warned in a client not...
Results 1 - 10 of 20 for "WCI"
Ctrip.com International (CTRP) drops on bearish analyst note ahead of earnings
Wed, Aug 13, 6:22 AM ET
NEW YORK (Reuters) - Stocks rose on Monday as oil prices closed lower for a sixth day, improving prospects for consumer and business spending.
There is more bad news for the builders. Florida-based builder WCI Communities filed Chapter 11 today as a desperate effort to restructure $1.8 billion in debt went unfulfilled. WCI shares dropped 60 cents on the news as the market opened to reach a new 52-week low of 66 cents before trading was halted. Since peaking in July 2005 near $35, shares of the company have fallen 98%. Not even Carl Ic...
WCI filed for bankruptcy protection, dealing a blow to Icahn, who lost about $120 million on his investment.
The bruised-and-battered home builder restructures its debt, replaces CEO.
In light of the WCI Chapter 11 Bankruptcy Filing this morning, inquiring minds have been asking "Who's Next?"While that question cannot be directly answered, we can take a look at how the credit market players perceive the situation.
The homebuilder's shares sink more than 50%.
The homebuilder's shares sink more than 50%.
The South Florida Business Journal is reporting WCI files for Chapter 11.WCI Communities (WCI), a Bonita Springs-based developer and homebuilder, along with about 130 of its subsidiaries, has filed for Chapter 11 bankruptcy reorganization.
Stocks were trading below Friday's lows as of midday on Monday. Some of the stocks making big moves right now are Motorola, Elan Corporations, and WCI Communities.