Sonntag, 4. Oktober 2009

Market Winners & Losers: Gannett, MBIA

Weak consumer data pushed the major indexes lower to end the session. The Dow closed down 0.5%, the S%P fell 0.2% and the Nasdaq dropped 0.3%.

Here are Tuesday’s winners and losers:

Winners

Gannett Co. Inc. (GCI)
The publishing company soared 17.6% after the company projected a quarterly forecast above analysts’ estimates. GCI shares last traded at $11.74, up $1.76 on the day.

Moody’s Corp. (MCO)
The credit-ratings company rose 10.9% after Piper Jaffray’s issued a favorable report on the company’s stock. MCO shares ended the session at $20.81, up $2.04 on the day.

Walgreen Co. (WAG)
The nation’s second largest pharmacy chain gained 9.2% after earnings beat the Street’s estimates. WAG shares finished Tuesday at $37.35, a gain of $3.16 on the day.

Harman International Industries Inc. (HAR)
The audio-equipment maker continued its BMW deal win streak, gaining 7.4% HAR shares closed at $33.98, up $2.34 on the day.

McGraw-Hill Cos. (MHP)
The publisher added 7.3% after its S&P ratings unit received positive news from Piper Jaffray. MHP shares ended the session at $26.11, a gain of $1.78.

Losers

MBIA Inc. (MBI)
A ratings cut by S&P dropped the insurer by 4.7%. MBI shares last traded at $7.83, down 39 cents on the day.

JDS Uniphase Corp. (JDSU)
The communications-equipment manufacturer fell 4.7%. JDSU shares ended Tuesday at $6.89, a loss of 34 cents on the day.

Hartford Financial Services Group Inc. (HIG)
Another insurer posting losses Tuesday, Hartford Financial Services shares fell 4.1%. HIG shares closed at $27.44, down $1.18 on the day.

Capital One Financial Corp. (COF)
The diversified-banking company responded accordingly to the consumer confidence numbers, with shares losing 3.8%. COF shares ended the session at $35.29, down $1.41 on the day.

Vornado Realty Trust (VNO)
The REIT followed sector trends, posting a 3.8% loss to end the session. VNO shares closed at $64.77, down $2.53 on the day.

Market Winners & Losers: Harris Corp, E*TradeFedEx sees more global demand