This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Thursday's Financial Stock Winners & Losers

Bear Stearns (BSC) sahres surged Thursday as the company posted an 81% gain in second-quarter earnings. The company earned $539 million, or $3.72 a share, up from $298 million, or $2.09 a share, in the year-ago period. The firm generated net revenue of $2.5 billion in the quarter, up 33% from a year ago. The New York-based brokerage blew past the Thomson Financial consensus estimate for earnings of $3.12 a share on revenue of $2.1 billion. Shares gained $7.03, or 5.7%, to $131.23 in recent trading.

GFI Group (GFIG) surged after the New York-based brokerage was upgraded by Citigroup to buy from hold. Shares gained $5.81, or 12.5%, to $52.44 in recent trading.

CharterMac (CHC) gained after the New York-based real estate finance company said it agreed to acquire 100% of the ownership interests of ARCap Investors, a privately-held Dallas-based fund manager, in a deal that values ARCap at $284.5 million. "The acquisition of ARCap is the next step in the transformation of our company from a spread investor to a real estate fund manager," CharterMac CEO Marc Schnitzer said in a statement. Shares climbed 42 cents, or 2.5%, to $17.45 in recent trading.

Thornburg Mortgage (TMA) gained after the Santa Fe, N.M.-based single-family residential mortgage lending company declared a second-quarter dividend of 50 cents a share on its 8% Series C cumulative redeemable preferred stock. This dividend will be payable on July 17 to preferred shareholders of record as of June 30. The ex-dividend date is June 28. Shares gained 73 cents, or 2.8%, to $26.69 recently.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
CHC $0.00 0.00%
GFIG $6.16 0.16%
AAPL $94.02 0.00%
FB $104.07 0.00%
GOOG $683.57 0.00%


Chart of I:DJI
DOW 16,204.97 -211.61 -1.29%
S&P 500 1,880.05 -35.40 -1.85%
NASDAQ 4,363.1440 -146.4150 -3.25%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs