Bear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall to $2.84 from 52-week high of $159.36.
Lehman Brothers (LEH) Fall out from banking system problems. Drops to $20.25 from 52-week high $82.05.
National City (NCC) Bank was downgraded. Has mortgage and commericial loan exposure. Sells down to $6.66 from 52-week high of $38.32.
MFGlobal (MF) Rumors about liquidity problems takes shares down to $3.64 from 52-week high of $32.20.
CIT (CIT) Worries about its credit quality bury it at $9.55 down from 52-week high of $61.47.
Citigroup( (C) drops to $17.99 from 52-week high of $55.55.
Merrill Lynch (MER) down to $37.25 from 52-week high of $85.
Force Protection (FRPT) Losing business to rivals and will delay 10-K. Down to $1.03 from $30.
GFI Group (GFIG) The inter-dealer broker is pulled down by concerns in the sector. Down to $32.66 from 52-week high of $103.16.
Blackstone (BX) Private equity group down to $13.40 from 52-week high of $38.
Douglas A. McIntyre
Are You Ahead, or Behind on Retirement? (sponsor)
If you’re one of the over 4 Million Americans set to retire this year, you may want to pay attention. Many people have worked their whole lives preparing to retire without ever knowing the answer to the most important question: are you ahead, or behind on your retirement goals?
Don’t make the same mistake. It’s an easy question to answer. A quick conversation with a financial advisor can help you unpack your savings, spending, and goals for your money. With SmartAsset’s free tool, you can connect with vetted financial advisors in minutes.
Why wait? Click here to get started today!
Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.