Investing

The 52-Week Low Club (CHTR)(SIGM)(GM)(F)(BSC)(VM)

Virgin Mobile (NYSE VM) Quaterly loss takes shares down. Falls to $1.90 from 52-week high of $15.69.

Bear Stearns (NYSE: BSC) Market still believes that company has severe balance sheet problems. Sells down to $50.58 from 52-week high of $159.36.

Ford Motor  (NYSE: F) Research firm downgrade coupled with high gas prices. Drops to $5.12 from 52-week high of $9.70.

General Motors (NYSE: GM) Chrysler is closing down for two weeks. All industry news is bad. All the way down to $19.15 from 52-week high of $43.20.

Sigma Designs (NASDAQ: SIGM) Outlook for next quarter well below expectations. Down to $20.10 from 52-week high of $73.

Charter Communications (NASDAQ: CHTR) Cable company has over $19 billion in debt and just placed another $1 billion in junk bonds. Sells off to $.61 from 52-week high of $4.93.

Douglas A. McIntyre

The Average American Is Losing Their Savings Every Day (Sponsor)

If you’re like many Americans and keep your money ‘safe’ in a checking or savings account, think again. The average yield on a savings account is a paltry .4% today, and inflation is much higher. Checking accounts are even worse.

Every day you don’t move to a high-yield savings account that beats inflation, you lose more and more value.

But there is good news. To win qualified customers, some accounts are paying 9-10x this national average. That’s an incredible way to keep your money safe, and get paid at the same time. Our top pick for high yield savings accounts includes other one time cash bonuses, and is FDIC insured.

Click here to see how much more you could be earning on your savings today. It takes just a few minutes and your money could be working for you.

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.