Investing
The 52-Week Low Club (MI)(STI)(MGM)(AIG)(COF)(PRGO)
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Marshall & Ilsley (MI) Dragged down by big drop in financial sector. Hits a low of $3.47 off a 52-week high of $29.97.
SunTrust Banks (STI) Credit concerns cause big sell-off in regional banks. Drops to $8.84 from 52-week high of $67.25.
MGM Mirage (MGM) Moody’ cuts rating. Sells down to $6.555 from 52-week high of $75.08.
American International Group (AIG) Will federal government have to dump more money in? Sells off to $1 from 52-week high of $55.96.
Capital One (COF) CEO to forgo pay, but that is the only good news. Credit write-offs just off stage. Drops to $14.82 from 52-week high of $63.50.
Perrigo (PRGO) Poor quarterly results and forecast. Down to $22.11 from 52-week high of $43.08.
Douglas A. McIntyre
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