This Day On The Street
Continue to site right-arrow
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
TheStreet Open House

Tuesday's Financial Winners & Losers

Lehman Brothers (LEH) was one of Tuesday's financial sector winners, as the New York-based brokerage's stock was upgraded by UBS to buy from neutral. Shares climbed $2.98, or 4.69%, to $66.57.

First BanCorp (FBP - Get Report) gained after the Puerto Rico-based bank was upgraded by Brean Murray to accumulate from sell. Shares climbed 40 cents, or 4.30%, to $9.70 recently.

Merrill Lynch (MER) is paying $1.3 billion to buy National City's (NCC) First Franklin mortgage franchise. Shares of Merrill Lynch rose 53 cents to $74.32, while National City gained 54 cents to $66.29.

TradeStation Group (TRAD) gained after the Plantation, Fla.-based online brokerage firm reported 55,166 daily average revenue trades, or DARTs, for the month ended Aug. 31, up 40% from 39,496 a year ago. Total client assets came to $1.5 billion, up 20% from last year's total of $1.3 billion a year ago. Shares gained 23 cents, or 1.56%, to $14.98.

NetBank (NTBK) slipped after the Alpharetta, Ga.-based bank was downgraded by Friedman Billings Ramsey to underperform from market perform. Shares slipped 51 cents, or 8.01%, to $5.86.

Sabine Royalty Trust (SBR - Get Report) gained after the Dallas-based REIT declared a cash distribution of 38 cents a unit, payable on Sept. 29 to unit holders of record on Sept. 15. This distribution reflects primarily the oil production for June 2006 and the gas production for May 2006. Shares rose $1, or 2.09%, to $48.90.

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
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

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
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
FBP $6.33 -1.10%
SBR $39.76 -0.30%
AAPL $124.26 0.02%
FB $83.61 0.72%
GOOG $553.00 -0.39%


DOW 17,686.57 +8.34 0.05%
S&P 500 2,059.40 +3.25 0.16%
NASDAQ 4,881.1070 +17.7450 0.36%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs