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Wednesday 27 May 2015
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Slumping Stocks: Arch Coal (NYSE:ACI), Tuniu (NASDAQ:TOUR), DS Healthcare Group (NASDAQ:DSKX), Alpha Natural Resources, (NYSE:ANR)

On Tuesday, Arch Coal Inc (NYSE:ACI)’s shares declined -12.41% to $0.580.

Arch Coal Inc (ACI) declared that it received notice on May 21, 2015 from the New York Stock Exchange (the “NYSE”) that it does not presently satisfy the NYSE’s continued listing standard requiring the average closing price of a listed company’s common stock to be at least $1.00 per share for any period of 30 successive trading days. As of May 15, 2015, the average closing price per share of the Company’s common stock over the preceding 30 trading-day period was $0.99.

In accordance with NYSE rules, the Company will respond to the NYSE within 10 business days of receipt of the notification with its intent to resolve the deficiency. The Company has six months to regain compliance with the NYSE continued listing requirements and will actively monitor its stock price and evaluate all accessible options in order to regain compliance within the prescribed timeframe.

Tuniu Corp (NASDAQ:TOUR)’s shares dropped -11.66% to $17.96.

Tuniu Corp (:TOUR) declared its unaudited financial results for the first quarter ended March 31, 2015.

Highlights for the First Quarter of 2015

  • Net revenues in the first quarter of 2015 raised by 115.9% year-over-year to RMB1,248.2 million (US$201.4 million).1
  • Gross bookings2 which comprise organized tours and self-guided tours, raised by 116.9% to RMB1.9 billion (US$308.4 million) year-over-year in the first quarter of 2015.
  • Total number of trips from organized tours (not taking into account local tours) raised by 154.8% year-over-year and the total number of trips from self-guided tours raised by 200.2% year-over-year in the first quarter of 2015.
  • Mobile traffic contributed over 70% of total online traffic and 55% of total orders in the first quarter of 2015.

Tuniu Corporation provides online leisure travel services in China. It offers packaged tours counting organized tours and self-guided tours, and travel-related services for leisure travelers covering various 140 countries, in addition to various popular tourist attractions in China.

At the end of Tuesday’s trade, DS Healthcare Group Inc (NASDAQ:DSKX)‘s shares dipped -9.21% to $2.07.

DS Healthcare Group Inc (DSKX) declared that renowned celebrity stylist Jen Atkin has endorsed its latest product line Continuum.

Jen Atkin is followed by hundreds of thousands of professionals for her advice and vision. With hundreds of magazine covers, red carper events, and a long list of celebrity clients, Ms. Atkin is a true industry icon that shapes the latest trends. Her endorsement of Continuum comes only weeks after the company’s launch of the product.

Continuum is a revolutionary technology used in conjunction with color and chemical services, an industry which generates billions of dollars in revenue. It protects the hair from possibility of damage and structurally repairs hair strands instantly. As a result, it is a must-have tool for professionals.

DS Healthcare Group, Inc., doing business as DS Laboratories, develops and markets hair care, skin care, and personal care products in North America and internationally. Its hair care products comprise Revita and Revita LT shampoos, and Revita.Cor conditioner for hair growth stimulation; Dandrene, an antifungal shampoo to treat itchy scalp and dandruff; and Spectral line of products comprising Spectral.DNC spray formula, Spectral.DNC-L lotion, and Spectral DNC-N to re-grow hair through various pathways, in addition to Spectral.RS, a topical treatment for men and women with advanced androgenic alopecia.

Alpha Natural Resources, Inc. (NYSE:ANR), ended its Tuesday’s trading session with -8.22% loss, and closed at $0.597.

Alpha Natural Resources, Inc. (ANR) have notified employees recently of the predictable idling of the mining and processing operations where they work. In accordance with requirements of the Worker Adjustment and Retraining Notification (WARN) Act, notices were given recently to 439 employees at Rockspring Development’s Camp Creek Underground Mine and Processing Plant in Wayne County, West Virginia, regarding the predictable idling of those facilities based on the mine operator’s current assessment of market conditions.

Alpha Natural Resources, Inc., together with its auxiliaries, engages in extracting, processing, and marketing steam and metallurgical coal in Kentucky, Pennsylvania, Virginia, West Virginia, and Wyoming.

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This article is published by www.wsnewspublishers.com. The Content included in this article is just for informational purposes only. All information used in this article is believed to be from reliable sources, but we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, or reliability with respect to this article.

All visitors are advised to conduct their own independent research into individual stocks before making a purchase decision.

Information contained in this article contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, counting statements regarding the predictable continual growth of the market for the corporation’s products, the corporation’s ability to fund its capital requirement in the near term and in the long term; pricing pressures; etc.

Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, aims, assumptions, or future events or performance may be forward looking statements. Forward-looking statements are based on expectations, estimates, and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements may be identified through the use of such words as expects, will, anticipates, estimates, believes, or by statements indicating certain actions may, could, should might occur.




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