Last month, Citi reported
Impac Mortgage (IMH - Get Report) continued tumbling a day after the mortgage investor said it will likely post a widened third-quarter loss, vs. last year, and that it will delay release of those results. The Irvine, Calif., company's quarterly filing should post in mid-December. Shares were sliding 25.4% to 50 cents.
Also losing substantial ground was
(ETFC - Get Report), which continued backing off from last week's rebound after shares took a precipitous Monday drop on a
Among few financial gainers was Knight Capital (NITE), another online broker that climbed 6% to $13.26 on a Keefe Bruyette upgrade to market perform from underperform. The analyst said recent bad news has been sufficiently baked into the share price, and that higher market volatility should be good for business.In another positive analyst call, B. Riley & Co. upped Puerto Rico's Oriental Financial (OFG - Get Report) to buy from neutral. Shares of the bank hiked up 10% at $12.23. And Downey Financial (DSL) continued rising a day after activist investor Gerald J. Ford disclosed