Thursday's Financial Winners & Losers

Security Bank(SBKC Quote) tumbled nearly 5% after the Georgia-based lender slashed its full-year 2006 earnings forecast, blaming its woes on the deterioration of some its real estate loans. The bank now forecasts earnings between $1.38 and $1.40 a share. The Thomson Financial consensus had the bank earning $1.46 a share. Shares were down $1.14 to $23.28.

InterContinental Exchange (ICE Quote)rose after a Bank of America analyst maintained his buy rating on the stock and upped his price target by $12 to $125. Shares were up $1.16, or 1.1%, to $108.11.

MAF Bancorp (MAFB Quote) fell after announcing a balance-sheet restructuring charge, which will reduce fourth-quarter earnings by about $15.2 million, or 45 cents a share. The Illinois-based bank says its actions will ultimately add $6.2 million, or 19 cents a share, to full-year 2007 income. Shares were down 75 cents, or 1.6%, to $45.99.

Citigroup (C Quote) dropped on word that the banking giant may take a stake in China's privately held Spring Airlines. Shares were falling 62 cents, or 1.1%, to $55.79.

Sovereign Bancorp (SOV Quote) slipped on news that its President and Chief Operating Officer Alan Fishman will step down at the end of the week. His severance package will total about $7.1 million. Shares were down 6 cents to $25.8.