4 – DryShips – NASDAQ:DRYS
3 – MBIA – NYSE:MBI
2 – Ambac – NYSE:ABK
1 – Arthrocare – NASDAQ:ARTC
* Under Armour launched its first ever sneaker during Sunday's Superbowl. When the company announced it was advertising their new shoe during the Superbowl, their share price climbed about 30%. The move shows investors and Wall Street that Under Armour is serious about taking on Nike and Adidas in footwear. Shares of UA fell $2.49 or 5.82% to $40.29 the Monday after their Superbowl ad aired.
DryShips, Inc. (NASDAQ:DRYS) engages in the ownership and operation of drybulk carriers worldwide. The company's fleet carries various drybulk commodities, including coal, iron ore, and grains, bauxite, phosphate, fertilizers, and steel products.
* According to a press release put out Monday, the company announced that the transcript of the CEO Dry Bulk Forum which took place on
* Municipal bond investors were in a wary frame of mind Monday as they waited to learn whether ratings agencies will downgrade some ailing bond insurers. Among them is MBIA which is trying to avoid a Fitch downgrade. The insurer raised some capital to strengthen a balance sheet hurt by its bad investments in sub-prime assets. Standard & Poor's Corp. and Moody's Investors Service have been slower to take action on insurers' ratings, with the S&P putting MBIA on notice for possible downgrades last week. Shares of MBI were down 97 cents or 5.93% on Monday after ending last week higher.
Ambac Financial Group, Inc., (NYSE:ABK) through its subsidiaries, provides financial guarantee products and other financial services to clients in the public and private sectors worldwide. It operates in two segments: Financial Guarantee and Financial Services.
* Municipal bond investors were in a wary frame of mind Monday as they waited to learn whether ratings agencies will downgrade some ailing bond insurers. To date the most aggressive agency in issuing downgrades has been Fitch Ratings, which has cut ratings on the insurer Ambac Financial Group. The downgrade made it nearly impossible for the insurer to insure new issues. Previously, Standard & Poor's put Ambac on its negative watch list. Shares of ABK were down $1.81 or 13.71% to $11.39 on Monday.
ArthroCare Corporation (NASDAQ:ARTC) engages in the design, development, manufacture, and marketing of medical devices for use in soft-tissue surgery primarily in the
CONTACT: pressrelease@locatestock.com / 201-332-6800
SOURCE: Locate Stock, Inc.

0 Comments:
Post a Comment
Links to this post:
Create a Link
<< Home