R.R. DONNELLEY
-$1.66 (11%) to $13.38
Shares of the Chicago-based printer slumped after it said fourth-quarter earnings would fall short of Wall Street’s expectations of 78 cents per share, excluding special items. The firm projected 51 cents to 61 cents per share from continuing operations.
COACH
-$2.79 (13%) to $18.11
Stock of the maker of leather handbags fell after the firm lowered its fiscal second-quarter profit forecast because of “depressed” store traffic and discounts. Shares of the firm, spun off from Sara Lee in 2000, have fallen 40 percent since the end of 2007.
CITIGROUP
-$0.41 (6%) to $6.75
Shares of the financial-services company had the biggest percentage decline in the Dow Jones industrial average. A leading analyst cuts his estimate for the company’s fourth-quarter results, citing “substantial” credit trading losses.
