Jefferies to review SFBC buy rating

SFBC International Inc.'s buy rating is under review by Jefferies & Co. Inc. analyst David Windley after the company announced third-quarter results. Earnings were $0.52 per share, more than Jefferies' $0.49 estimate, and management was able to reaffirm full year guidance despite expected hurricane-related delays, but margin were down and backlog declined by $39 million, or 10%, over last quarter. Shares of the Miami-based research services company were down $9.98, or 26.34%, at $27.91 on volume of 5,177,734 shares versus the three-month running average of 239,229 shares.

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