Citigroup (C) Report of huge lay-offs. Shares trade below $30 for first time in five years. Drops to $29.75 from 52-week high of $57.
Countrywide Financial (CFC) Senator asks for probe of borrowing. Concerns about balance sheet get worse. Falls to $8.58 from 52-week high of $45.26.
E*Trade (ETFC) News for broker gets worse on worries about low price for possible buy-out. Shares drop to $4.45 from 52-week high of $26.08.
Sun-Times Media (SVN) Newspaper company in a time when no one reads them. Down to $.96 from 52-week high of $6.94.
Freddie Mac (FRE) Concerns about balance sheet and need to raise money get worse. Falls to $22.90 from 52-week high of $69.85.
KB Home (KBH) Home builders may be headed to zero. Down to $20 from 52-week high of $56.08.
Revlon (REV) Stock hasn’t had a good day in years. Down to $1 from 52-week high of $1.70.
Washington Mutual (WM) Mortgage lender. Falls to $16.83 from 52-week high of $46.38.
Blockbuster (BBI) People won’t go to stores to rent movies. Drops to $3.56 from 52-week high of $7.30.
Home Solutions (HSOA) Problems with Nasdaq on listing. Late filing 10-Q. Class action suits. Down to $.81 from 52-week high of $8.24.
Interdigital (IDCC) Drop in fiscal Q4 revenue. Falls to $17.51 from 52-week high of $35.74.
Douglas A. McIntyre
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