Monday's Financial Winners & Losers
Updated from 1:54 p.m. EDT
Janus Capital (JNS) climbed after getting an upgrade by Merrill Lynch to buy from neutral. The company also reported that its Janus Adviser Long/Short Fund now has more than $50 million in assets under management, surpassing its initial goal. Shares of the Denver-based firm were up 4.8% to $23.61.
Calamos Asset Management (CLMS) was also upgraded to buy from neutral at Merrill, and its shares surged 5.1% to $23.48.
New Century Bancorp (NCBC) edged lower after reporting that John Shaw Jr. has decided to retire as chief executive. His retirement was effective Friday. Shares of New Century were down 0.3% at $14.55.Columbia Bancorp (CBBO) fell following a disappointing profit outlook, with first-quarter income projected at 33 cents to 35 cents a share. Analysts are looking for 41 cents. Shares were sliding $2.44, or 10%, to $22.25. First Charter (FCTR) tacked on 0.7% to $21.14 on news that Sandler O'Neill had upgraded its shares to buy from hold.
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