Penson Worldwide, Inc. (NASDAQ:PNSN) is down 22.83% this morning at $0.98. PNSN has traded nearly 800 thousand shares so far today, way above its daily average of 118 thousand shares. PNSN shares are taking a big hit today after their quarterly loss widens to $6.68 per share on revenue of $42.7 million. Penson also announced a majority of its debt holders have agreed to a restructuring agreement. The company has a market cap of 27.26 million.
Zhongpin Inc. (NASDAQ:HOGS) is down 14.92% this morning at $8.94. HOGS has traded 1.4 million shares so far today, 7 times its average volume. Zhongpin forecast 2012 EPS of $1.36 to $1.92, missing analysts estimates of $2.30. The company has a market cap of 338.73 million. [Read more...]