The markets ended the week on a down note on Friday, with the major indices landing solidly in the red.
Here are the day’s winners and losers:
Winners
Dynegy Inc. (DYN)
The utilities provider continued to inch away from its yearly lows, gaining 14.5% on Friday. The stock ended the week at $1.74 a share, a gain of 22 cents on the day.
American Capital Ltd. (ACAS)
American Capital bucked the sector trend, gaining 13.9%, or 14 cents, on Friday to close at $1.15.
General Motors Corp. (GM)
GM fought off some unkind words from UBS to end the week on a high note. Shares gained 10.8%, or 31 cents, to close at $3.18.
Ford Motor Co. (F)
Shares moved up 9.6% on Friday as UBS encouraged investors to stray from GM and buy Ford. The stock closed at $2.75, a gain of 24 cents on the day.
ConAgra Foods Inc. (CAG)
Shares of ConAgra moved up 3.4% on Friday ahead of the company’s earnings release next week. The stock ended the week at $15.07, a gain of 49 cents on the day.
Losers
American International Group Inc. (AIG)
The joyride has finally come to an end for AIG, which saw its stock drop 22.2% on Friday after a string of positive days. Shares finished Friday at $1.26, a loss of 36 cents on the day.
Xerox Corp. (XRX)
A dismal earnings report and outlook cuts by two ratings agencies led the stock 18.7% lower on Friday. Shares closed at $4.34, a loss of $1.00 on the day.
ProLogis (PLD)
PLD followed sector trends as the stock closed down 16.3% to end the week. ProLogis last traded at $5.39, a loss of $1.05 on the day.
XL Capital Ltd. (XL)
Analysts had hyped the stock early in the week, but the wind beneath XL’s wings could not last until Friday. Shares closed at $4.24, a loss of 73 cents, or 14.7%.
Host Hotels & Resorts Inc (HST)
The stock started out the week in the positive, but ended in negative territory on Friday. Shares closed down 13.5% at $3.78, a loss of 59 cents on the day.
Market Winners & Losers: MBIA, Aflac
FedEx to cut 1,000 jobs, $1 billion in expenses
Market Winners & Losers: Eastman Kodak, American Capital
Tax Tips: Loss on home sale can’t be deducted
