Beleaguered online broker E*Trade (ETFC Quote) wasn't so lucky. Shares held on for most of the day, but ultimately lost 4.6%, after BMO Capital Markets cut the stock to market perform from outperform. Credit-ratings firm Moody's, moreover, lowered its long-term senior debt rating. That follows yesterday's announcement of a $2.5 billion cash infusion from Citadel Investments, as well as the resignation of CEO Mitch Caplan. Shares closed down 22 cents to $4.60.
Also among the rare financial decliners was BankAtlantic Bancorp (BBX Quote), which got a downgrade to neutral from buy at Janey Montgomery Scott. Shares of the Florida bank finished 3% lower at $3.85.- Loading Comments...
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,372.80 | 1,106.46 | 2,192.48 | 33.31 |
Oil *
78.66
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UP
102.33
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UP
12.98
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UP
24.60
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DOWN
0.98
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10 Yr
3.33%
SPDR Gold
111.81
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+1.00%
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+1.19%
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+1.13%
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-2.86%
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Data delayed 20 minutes |
