Investing
The 52-Week Low Club 7/14/2008 (CAL)(UAUA)(MNI)(GHS)(WM)(FHN)(WB)(LEH)(MER)
Published:
Washington Mutual (WM) Concerns mortgage firm will make it after government takes over IndyMac. Falls to $3.03 from 52-week high of $42.93.
First Horizon (FHN) Same fears as with WM. Drops to $4.52 from 52-week high of $39.03.
Wachovia (WB) Market looking for more big write-offs. Sells down to $9.91 from 52-week high of $53.10.
Lehman (LEH) Is it the next Bear Stearns? Dips to $12.91 from 52-week high of $74.09
Merrill Lynch (MER) Joins the panic. Down to $25.47 from 52-week high of $89.23.
Sun (JAVA) Concerns that revenue is falling. Down to $8.69 from 52-week high of $25.04.
Gatehouse (GHS) Will newspaper chain makes it debt service for the year? Drops to $1.11 from 52-week high of $19.
McClatchy (MNI) Same as Gatehouse. Down to $4.82 from 52-week high of $28.73.
UAL (UAUA) As airlines cut more costs and oil rises, situation gets worse. Off to $3.36 from 52-week high of $51.60.
Continental (CAL) Another airline. Down to $6.63 from 52-week high of $38.79.
Douglas A. McIntyre
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