Verizon (VZ) bottomed at $33.30 after downgrades due to cellular service price wars.
HCC Insurance (HCC) Weak quarterly results. Trades down to $24.25 from 52-week high of $24.45.
AT&T (T) drops to $32.95 from 52-week high of $42.97 due to cell service pricing competition.
Blackstone (BX) sells off as LBO business goes to hell. Falls to $15.70 from 52-week high of $38.
Sara Lee (SLE) Bread prices up, but nobody doesn’t like Sara Lee. Moves down to $12.97 from 52-week high of $18.15.
Sharper Image (SHRP) Goes Chapter 11. Drops to $.29 from 52-week high of $14.16.
Nutrisystem (NTRI) Bad earnings keep moving the shares down. Falls to $16.32 from 52-week high of $74.09.
3Com (COMS) Deal to take company private loses altitude. Falls to $2.84 from 52-week high of $5.11.
Level 3 (LVLT) Too much debt. Too little earnings. Slides to $2.12 from 52-week high of $6.77.
Douglas A. McIntyre