Thursday's Financial Winners & Losers

Stock quotes in this article: NMX , WB , ACAS , WTFC , ACE  

Nymex (NMX Quote) fell after a Merrill Lynch analyst said the commodities exchange's current valuation is unreasonably high. The analyst began coverage of the stock with a sell rating. Shares were down $4.52, or 3.6%, to $119.49.

Ace (ACE Quote) dropped after the insurer announced it had bought Peru's Altas Cumbres Life Insurance, a company with more than 700,000 customers. Terms weren't disclosed. Shares were down 88 cents, or 1.5%, to $59.47.

American Capital Strategies (ACAS Quote) slipped after the building development company said it will sell 6 million shares in a public offering. The underwriters on the deal will sell 2 million of the shares, with the remainder being sold by the company. Shares were falling 46 cents, or 1%, to $46.23.

Wintrust Financial (WTFC Quote) jumped on an upgrade by a Piper Jaffray analyst to outperform from marketperform. Shares were gaining $1.36, or 2.9%, to $49.56.

Wachovia (WB Quote) rose after an analyst with Credit Suisse upped its rating to outperform from neutral. Shares were adding 51 cents, or 0.9%, to $57.32.

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
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