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Business

Long Island stocks on move

Dollar drain

Dollar drain Photo Credit: iStock

Two Long Island companies whose stock suffered the week ending Aug. 13, 2010.

Systemax
(SYX)
Port Washington
$12.86 (week's change: -20.7%) 
52-week return: -6.9%

The computer retailer's quarterly profit rose 46 percent, but shares were pummeled as Wall Street focused on an 11 percent decline in same-store consumer channel sales.

Medical Action Ind.
(MDCI)
Brentwood
$8.60 (week's change: -36.7%) 
52-week return: -30.2%

Shares had their worst week in more than 20 years after the supplier of disposable medical products posted disappointing earnings impacted by weather-related damage at a warehouse. 

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