Investing

The 52-Week Low Club (BSC)(LEH)(C)(MER)

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

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