Monday's Financial Winners & Losers

Stock quotes in this article: ISE , MER , MTB , AHM , JNC , DRL , NCC  

One of the day's biggest losers, however, was Doral Financial (DRL Quote). The Puerto Rico bank gave up 18.6% to $1.40 on word it will need $700 million to $800 million in outside financing this year in order to pay off considerable debt and a securities class-action lawsuit settlement.

National City (NCC Quote) slid 3.1% to $36.55 after the Cleveland bank's first-quarter profit plunged to 50 cents a share from 74 cents last year. Analysts sought 61 cents.

Also losing ground were health insurers WellCare (WCG Quote) and Amerigroup (AGP Quote), among others, after a Jeffries analyst cut the lot to underperform. The analyst cited certain states' slowing economies, which, he said, will tamp down on how generously the companies will be reimbursed through government health programs. WellCare shares recently lost 6.8% to $80.59; Amerigroup was off 3.9% to $28.13.

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