'Fast Money' Pops & Drops: Hartford Horror
Pops
EMC(EMC Quote) rose 9%. Adami mentioned that hedge fund manager Bill Ackman bought a stake in EMC. Deutsche Bank(DB Quote) soared 18% after the German investment bank posted a surprise profit. Seymour explained that the company used new accounting rules to mark down assets and make its numbers look better. Drops Harford Financial(HIG Quote) plunged 51% after the insurer reported a $2.6 billion quarterly loss. Finerman says "stay away, they might need more capital." Target(TGT Quote) dropped 5%. Motorola(MOT Quote) slipped 5% after the mobile phone provider posted a $397 million third-quarter loss. Najarian said to forget about Motorola.- Loading Comments...
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