Montag, 15. Juni 2009

Market Winners & Losers: Genworth Financial, General Motors

The see-sawing market finished up Thursday following a successful 30-year Treasury note auction. The Dow closed up 0.4%, the S&P gained 0.6%, and the Nasdaq added 0.5%.

Here are Thursday’s winners and losers:

Winners

Genworth Financial Inc. (GNW)
The insurer led the pack of biggest gainers Thursday, with shares closing up 9.5%. GNW ended with a 60 cent gain, settling at $6.91.

Regions Financial Corp. (RF)
A Goldman Sachs upgrade pushed shares of the regional up by 9.3% on Thursday. RF closed at $4.37, a gain of 37 cents.

Bank of America Corp. (BAC)
An upgrade by Keefe, Bruyette & Woods overshadowed Ken Lewis’s grilling on Capitol Hill Thursday as BAC shares ended 8.3% higher. The stock last traded at $12.97, a gain of 99 cents.

Southwestern Energy Co. (SWN)
The energy company continued its upward trend, gaining 6.7% on Thursday. SWN finished the trading day at $45.19, a gain of $2.84.

KeyCorp (KEY)
The regional followed the sector higher, with shares surging 6.6%. KEY shares ended Thursday up 37 cents at $5.97.

Losers

General Motors Corp. (GMGMQ)
Ongoing drama surrounding the future of GM finally sank in with investors and ended the auto’s surprisingly successful win streak. Shares closed down 30 cents, or 18.9%, at $1.29.

UnitedHealth Group Inc. (UNH)
A downgrade by Oppenheimer caused the stock to sink 6.5% on Thursday. UNH shares closed down $1.68 at $24.05.

Pulte Homes Inc. (PHM)
Pulte continued its loss, dropping another 5.7% on Thursday. PHM shares ended down 54 cents at $8.87 a share.

Centex Corp. (CTX)
Another homebuilder to fall Thursday, Centex Corp. saw its shares dive 5.4%. CTX closed at $8.52, a loss of 49 cents.

Lennar Corp. (LEN)
LEN shares followed the sector lower on Thursday, closing down 5.3%. The stock last traded at $8.20, a loss of 46 cents.