Investing

The 52-Week Low Club (VZ)(IAR)(MS)(BX)(UBS)

Verizon (VZ) Bad news on broadband set-top delays and price cutting for cellular service. Falls to $35.37 from 52-week high of $46.24.

Idearc (IAR) New CEO appointed after weak earnings. Not much of a first day at work. Shares drop to $7.64 from 52-week high of $38.

Morgan Stanley (MS) Fear of more write-offs. Sells down to $41.42 from 52-week high of $90.95.

Blackstone Group (BX) Market hates private equity. Shares drop to $16.05 from 52-week high of $38.

UBS (UBS) Bad day to be a bank. Moves down to $32.57 from 52-week high of $66.26.

Del Monte Foods (DLM) No news, just selling. Falls to $8.05 from 52-week high of $12.94.

Penwest Pharmaceuticals (PPCO) Generic competition trying to come into market. Drops to $2.90 from 52-week high of $15.42.

Douglas A. McIntyre

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