Washington Mutual (WM) Mortgage company in bad environment. Down to $19.72 from 52-week high of $46.38.
Capital One Financial (COF) Big financial loss. Down to $50.05 from 52-week high of $83.84.
Fannie Mae (FNM) Mortgages and NY State investigation. Drops to $48.74 from 52-week high of $70.57.
Veraz Networks (VRAZ) Big quarterly loss and downgrade. Falls to $3.65 from 52-week high of $8.33.
Nastech Pharmaceutical (NSTK) Joint venture with Procter & Gamble (PG) falls apart. Down to $8.50 from 52-week high of $19.98.
Starbucks (SBUX) Coffee does not like recessions. Drops to $24.10 from 52-week high of $40.01.
Morgan Stanley (MS) Worries about write-offs. Down to $50.08 from 52-week of $90.95.
Merrill Lynch (MER) No CEO. Drops to $53.64 from 52-week high of $98.68.
Citicorp (C) No CEO and worries about more big write-offs. Falls to $33.38 from 52-week high of $57.
Bear Stearns (BSC) Wall St. wants CEO to leave. Worries about mortage-backed assets. Falls to $96.11 from 52-week high of $172.61.
Douglas A. McIntyre
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