This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.
|Zacks Rank||Definition||Annualized Return|
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• Informatica Corporation (NASDAQ:INFA) plunged 27.6%, the highest in the past eleven years after it lowered its earnings forecast for the second quarter due to weak demand, primarily in Europe
• Navistar International Corp. (NYSE:NAV) lost 15.2% after it said additional costs have to be incurred to obtain approval from the Environmental Protection Agency for its new engine technology
• Acme Packet, Inc. (NASDAQ:APKT) declined 14.5% after it lowered its earnings forecast for the second quarter
• Shares of Research In Motion Limited (NASDAQ:RIMM) surged 5.3% on Friday. This increase comes after losses incurred last week after the company announced it had suffered losses in the first quarter and that there would be delays in the launch of the BlackBerry 10 operating system
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