The 52-Week Low Club (BSC)(LEH)(C)(MER)
March 17, 2008 by Douglas A. McIntyreBear Stearns (BSC) For those not on the planet today, firm was bought out by JP Morgan (JPM). Shares fall to $2.84 from 52-week high of $159.36.
Lehman Brothers (LEH) Fall out from banking system problems. Drops to $20.25 from 52-week high $82.05.
National City (NCC) Bank was downgraded. Has mortgage and commericial loan exposure. Sells down to $6.66 from 52-week high of $38.32.
MFGlobal (MF) Rumors about liquidity problems takes shares down to $3.64 from 52-week high of $32.20.
CIT (CIT) Worries about its credit quality bury it at $9.55 down from 52-week high of $61.47.
Citigroup( (C) drops to $17.99 from 52-week high of $55.55.
Merrill Lynch (MER) down to $37.25 from 52-week high of $85.
Force Protection (FRPT) Losing business to rivals and will delay 10-K. Down to $1.03 from $30.
GFI Group (GFIG) The inter-dealer broker is pulled down by concerns in the sector. Down to $32.66 from 52-week high of $103.16.
Blackstone (BX) Private equity group down to $13.40 from 52-week high of $38.
Douglas A. McIntyre
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