HEADLINE STOCKS-Some U.S. stocks on the move on Oct 10
NEW YORK NEW YORK, Oct 10 (Reuters) – Some U.S. stocks on the move
on Friday:
CITIGROUP
WELLS FARGO & CO
WACHOVIA CORP
Wachovia shares soared after Citigroup withdrew from talks
to buy parts of the company with Wells Fargo, citing
differences in transaction structures and views of risks.
Shares of the bank advanced 33 percent to $4.79 while Wells
Fargo shares were down 5 cents to $27.20. Shares of Citigroup,
a Dow component were off a penny to $12.90.
GENERAL MOTORS
Shares of the auto giant advanced after it said it wasn’t
considering bankruptcy protection.
The stock rallied 4.6 percent to $4.98.
EXXONMOBIL
CHEVRON
Shares of the energy giants tumbled as oil fell to a year
low on fears that financial turmoil would hurt demand.
Shares of ExxonMobil and Chevron, both Dow components, fell
12 percent to $60 and 9.7 percent to $57.97, respectively.
November crude future tumbled 7.5 percent to $80.10.
MACY’S INC
Shares of the department store fell after it lowered its
adjusted 2008 earnings outlook to $1.30 to $1.50 a share from a
previous view of $1.70 to $1.85 a share.
The stock slid 9.4 percent to $10.38.
MORGAN STANLEY
GOLDMAN SACHS
Shares of the financial services companies plunged after
ratings agency Moody’s Investor Service put a negative outlook
on both companies’ credit ratings.
Goldman shares plunged 19 percent to $82.37 while Morgan
Stanley shares lost more than a third of their value,
plummeting 25 percent to $8.14.
CREDIT SUISSE
Shares of the banking company fell to a five-year low as
investors feared how the financial crisis would impact its
earnings.
The stock tumbled 10 percent to $30.35.
ROBBINS & MYERS INC
Shares of the diversified manufacturer fell after it
forecast a first-quarter profit below Street estimates.
Shares of the company lost 4.4 percent to trade at $20.50.
DECKERS OUTDOOR CORP
Shares of the footwear maker rallied after it raised its
third-quarter outlook and reaffirmed its fourth-quarter
forecast as robust demand for its core UGG brand propelled
sales at U.S. stores and overseas markets.
Shares of the company advanced 5.9 percent to $81.50.
PROSPECT CAPITAL CORP
Shares of the company soared after it approved a $20
million buyback plan and opened a window for insider purchases.
It also updated its quarterly net investment income outlook.
Shares added 28 percent to trade at $8.04.
IMATION CORP
Shares of the computer data-storage products maker tanked
after it forecast weak third-quarter results and said 2008
results will be well below the outlook it provided earlier.
Shares plummeted 28 percent to $12.09.
مشكورين ان شاء الله الامور تتخسن
…………..مثل وجه بوش………….
تابع مباشره لكل حركه للمؤشر يخرب بيت اليهود الى يوم الدين على ما فعلو للعالم
HEADLINE STOCKS-Some U.S. stocks on the move on Oct 10
NEW YORK NEW YORK, Oct 10 (Reuters) – Some U.S. stocks on the move
on Friday:
CITIGROUP
WELLS FARGO & CO
WACHOVIA CORP
Wachovia shares soared after Citigroup withdrew from talks
to buy parts of the company with Wells Fargo, citing
differences in transaction structures and views of risks.
Shares of the bank advanced 33 percent to $4.79 while Wells
Fargo shares were down 5 cents to $27.20. Shares of Citigroup,
a Dow component were off a penny to $12.90.
GENERAL MOTORS
Shares of the auto giant advanced after it said it wasn’t
considering bankruptcy protection.
The stock rallied 4.6 percent to $4.98.
EXXONMOBIL
CHEVRON
Shares of the energy giants tumbled as oil fell to a year
low on fears that financial turmoil would hurt demand.
Shares of ExxonMobil and Chevron, both Dow components, fell
12 percent to $60 and 9.7 percent to $57.97, respectively.
November crude future tumbled 7.5 percent to $80.10.
MACY’S INC
Shares of the department store fell after it lowered its
adjusted 2008 earnings outlook to $1.30 to $1.50 a share from a
previous view of $1.70 to $1.85 a share.
The stock slid 9.4 percent to $10.38.
MORGAN STANLEY
GOLDMAN SACHS
Shares of the financial services companies plunged after
ratings agency Moody’s Investor Service put a negative outlook
on both companies’ credit ratings.
Goldman shares plunged 19 percent to $82.37 while Morgan
Stanley shares lost more than a third of their value,
plummeting 25 percent to $8.14.
CREDIT SUISSE
Shares of the banking company fell to a five-year low as
investors feared how the financial crisis would impact its
earnings.
The stock tumbled 10 percent to $30.35.
ROBBINS & MYERS INC
Shares of the diversified manufacturer fell after it
forecast a first-quarter profit below Street estimates.
Shares of the company lost 4.4 percent to trade at $20.50.
DECKERS OUTDOOR CORP
Shares of the footwear maker rallied after it raised its
third-quarter outlook and reaffirmed its fourth-quarter
forecast as robust demand for its core UGG brand propelled
sales at U.S. stores and overseas markets.
Shares of the company advanced 5.9 percent to $81.50.
PROSPECT CAPITAL CORP
Shares of the company soared after it approved a $20
million buyback plan and opened a window for insider purchases.
It also updated its quarterly net investment income outlook.
Shares added 28 percent to trade at $8.04.
IMATION CORP
Shares of the computer data-storage products maker tanked
after it forecast weak third-quarter results and said 2008
results will be well below the outlook it provided earlier.
Shares plummeted 28 percent to $12.09.
مشكورين ان شاء الله الامور تتخسن
…………..مثل وجه بوش………….
تابع مباشره لكل حركه للمؤشر يخرب بيت اليهود الى يوم الدين على ما فعلو للعالم
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