The top after-market NYSE losers on Wednesday are: Owens-Illinois, Teradyne, Liz Claiborne, Skechers USA, Community Health Systems, Sony Corp, Mahanagar Telephone Nigam, MetLife and Moody's Corp.
Owens-Illinois, Inc. (NYSE:OI) shares plunged 7.79 percent to $28.31 in aftermarket trading session. The company reported first quarter net income of $72 million or $0.44 per share compared to $85 million or $0.50 per share in the same quarter last year, while analysts’ expected net income of $0.45 per share.
Teradyne, Inc. (NYSE:TER) shares declined 4.81 percent to $17.41 in post market trading session as its second quarter revenue and earnings outlook fell short of expectations. The company expects second quarter earnings to be in the range of $0.27 to $0.34 per share on revenue of $375 to $400 million, while analysts’ expects net income of $0.44 per share.
Liz Claiborne, Inc. (NYSE:LIZ) shares declined 4.58 percent to $6.25 in aftermarket trading session. The company reaffirmed its guidance for adjusted EBITDA, excluding foreign currency transaction gains or losses, in the range of $100-$120 million for fiscal 2011 and $180-$220 million for fiscal 2012.
Skechers USA, Inc. (NYSE:SKX) shares declined 4.23 percent to $19.70 in post market trading session. The company announced on Wednesday that it expects improvements to profitability in the second half of fiscal 2011.
Community Health Systems, Inc. (NYSE:CYH) shares declined 3.35 percent to $30.30 in aftermarket trading session. Its first quarter net income declined to $61.32 million or $0.67 per share compared to $70.01 million or $0.75 per share in the same quarter last year.
Sony Corp. (NYSE:SNE) shares declined 2.79 percent to $28.22 in post market trading session.
Mahanagar Telephone Nigam Ltd. (NYSE:MTE) shares declined 1.65 percent to $2.39 in post market trading session. The company stock surged 9.46 percent in regular trading session.
MetLife, Inc. (NYSE:MET) shares declined 1.35 percent to $84.27 in aftermarket trading session.
Moody's Corp. (NYSE:MCO) shares declined 1.28 percent to $37.84 in post market trading session.