Investing
The 52-Week Low Club (GOOG)(AAPL)(BAC)(F)(GM)(C)(CLWR)(PLD)(JNY)(STP)
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Verifone (PAY) JP Morgan cut rating. Drops to $2.38 from 52-week high of $48.61.
Suntech (STP) Forecast below Wall St. estimates. Down to $5.60 from 52-week high of $90.
Jones Apparel (JNY) Part of retail sector sell-off. Sells off to $2.34 from 52-week high of $22.12.
Prologis (PLD) CEO is out and so are lots of employees. Falls to $2.25 from 52-week high of $71.79.
Clearwire (CLWR) Bad reaction to partnership with Sprint (S). Down to $3.77 from 52-week high of $18.26.
Citigroup (C) Investors still concerned about bank’s viability. Plunges to $4.39 from 52-week high of $35.29.
GE (GE) may be looking to raise money overseas. Later report denies it Down to $12.58 from 52-week high of $38.67.
GM (GM) Concerns about Chapter 11. Drops to $1.70 from 52-week high of $29.95.
Ford (F). Ditto. Drops to $1.01 from 52-week high of $8.79.
Bank of America (BAC) Market expects more losses and perhaps need for more capital. Sells down to $11 from 52-week high of $47.
Apple (AAPL) Could be its first rough holiday season in five years. Falls off to $80 from 52-week high of $202.96.
Google (GOOG) Down to $259.04 from 52-week high of $724.80 on word that search ads are not recession-proof.
Douglas A. McIntyreÂ
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