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

Wednesday's Financial Winners & Losers

InterContinental Exchange (ICE - Get Report) surged after the electronic futures exchange reported a 120% rise in trading volume for 2006. An analyst with JPMorgan Chase, meanwhile, started coverage of the exchange with an overweight rating. Shares were up $8.34, or 7.7%, to $116.24.

Marsh & McLennan (MMC) jumped after a Citigroup analyst upgraded the insurance broker to buy from a hold. The analyst predicts a share-repurchase plan in 2007. Shares were adding 87 cents, or 2.8%, to $31.53.

MetLife (MET - Get Report) rose on word late Friday that the insurer will settle a regulatory investigation into its business practices by paying a penalty of $19 million. It also promised to stop paying "contingent commissions" to insurance brokers for various insurance products, which critics have said are essentially kickbacks. Shares were up $1.17, or 2%, to $60.18.

Doral Financial (DRL - Get Report) fell after John Ward resigned as the bank's chairman, following a dispute over the direction of the Puerto Rican-based lender. Shares were losing 13 cents, or 4.5%, to $2.74.

NetBank (NTBK) was down after the Georgia-based online bank privately sold 6.5 million of its shares for $3.90 each, a discount to its $4.64 closing price Friday. The sale is expected to generate proceeds of $23.7 million. Shares were off 33 cents, or 7.1%, to $4.31.

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
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!
DRL $0.08 6.67%
ICE $223.67 0.00%
MCC $8.96 0.00%
MET $50.50 0.00%
AAPL $124.75 0.00%


DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs