After Market Losers: Horizon Technology Finance (NASDAQ:HRZN), Caesars Entertainment (NASDAQ:CZR), Walter Energy (NYSE:WLT), Vipshop Holdings Ltd. (NYSE:VIPS)



Horizon Technology Finance (NASDAQ:HRZN) is lower in late trading after the company reported mixed financial results for Q4. Shares are down 0.57% at $14.02, with a 52-week range of $12.77 – $15.51. The closed-end, non-diversified management investment company reported Q4 net investment income of $0.35 per share, compared with the prior-year period’s $0.36 per share.

Horizon Technology Finance (HRZN) revenue was $8.78 million, up from $7.94 million in the same quarter last year. Analysts polled by Capital IQ were expecting EPS of $0.36 on revenues of $7.91 million.

Caesars Entertainment (NASDAQ:CZR) shares slip after-hours Tuesday as it reports a deeper loss than a year ago, although a revenue figure largely in line with Street expectations Caesers (CZR) reports net Q4 revenue of $2.08 billion, up from $2.01 billion in the same period a year earlier. It lost $1.86 billion from operations compared to a loss of $353 million a year earlier. It lost $1.75 billion, net of taxes, from continuing operations in Q4, or $12.83 per share, compared to a loss of $435.8 million, or $3.84 per share, a year earlier. The Street expected a Q4 loss of $1.59 per share, if comparable, and revenue of $2.1 billion, according to Capital IQ consensus from a survey of two analysts.

Walter Energy (NYSE:WLT) is down more than 6% into the close after hitting a 9-year low of $8.63 amid concerns surrounding its efforts to amend its credit facility. According to proposed changes outlined in the the 8-K filing, Walter Energy (WLT) would like to repay its existing term loan A facility without making pro-rata repayments to its existing term loan B facility and that “certain covenants would be amended and certain covenants would be eliminated.” The company said the amendment is to “increase its financial flexibility.”

Vipshop Holdings Ltd. (NYSE:VIPS) declined after analysts at Goldman Sachs downgraded the company to Neutral from Buy, while raising its price target to $185 from $84. The online retailer fell 8.4% to $145.20 per American depositary receipt after reaching an all-time high of $182 on March 4. Vipshop (VIPS) has risen six-fold in the past 52 weeks.

 

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