Tuesday's Financial Winners & Losers

Stock quotes in this article: JRT , DLLR , HME , MCO , TROW  

JER Investors Trust(JRT Quote) advanced after the McLean, Va.-based specialty finance company was upgraded by JMP Securities to market outperform from market perform. Shares were trading up 67 cents, or 3.9%, to $17.82.

Dollar Financial(DLLR Quote), a Berwyn, Pa.-based check-cashing chain, said it had a commitment from two lenders to provide $475 million in financing.

Dollar says it plans to use the funding to refinance some outstanding debt and repurchase other notes. Shares were trading up 33 cents, or 1.55%, to $21.55.

Home Properties(HME Quote) gained after the Rochester, N.Y.-based REIT was upgraded by Wachovia(WB Quote) to outperform from market perform. Shares gained $1.44, or 2.5%, to $58.80.

Moody's(MCO Quote) slid after President George Bush on Friday signed into law a measure that will allow more competition in the bond ratings business. Moody's is one of three companies that dominate the credit ratings market, along with McGraw Hill(MHP Quote), Standard & Poor's and Fitch Ratings. Shares sank $2.44, or 3.8%, to $61.81.

T. Rowe Price Group(TROW Quote) lost ground after the Baltimore-based investment management firm was downgraded by Wachovia(WB Quote) to market perform from outperform. Shares dipped 53 cents, or 1.1%, to $47.06.

  • Loading Comments...
  •  

SHARE:

  • email
  • print
  • comment
  • digg
  • delicious
  • linkedin




Connect with TheStreet

Dow Jones S&P 500 NASDAQ 10-Year Note
10,226.94 1,093.07 2,154.06 34.86
Oil *
77.65
UP
203.52
UP
23.77
UP
41.62
DOWN
0.17
10 Yr
3.49%
SPDR Gold
108.19
+2.03%
+2.22%
+1.97%
-0.49%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services