New Century Financial
sliding again Friday after the subprime lender stopped accepting loan applications in light of its bleak financial condition. Shares were losing 65 cents, or 16.8%, to $3.22 in recent trading.
slipped after the online broker predicted per-share earnings leaning to the lower end of its prior guidance range of 23 cents to 29 cents. Analysts polled by Thomson Financial are seeking 25 cents a share. The firm also said February average client trades fell by 4% from last year to 264,000 per day. Shares were off by 35 cents, or 2.2%, to $15.49.
retreated after its $10.8 billion bid for Japanese broker
was rebuffed by major Nikko shareholder Southeastern Asset Management. Earlier this week Harris Associates, Nikko's largest shareholder, also rejected the offer as being too low. Citigroup shares were shedding 32 cents, or 0.6%, to $50.18.
climbed after the California-based firm said its assets under management as of the end of February jumped 17% from a year ago to $564.7 billion. Shares were up $1.83, or 1.6%, to $119.37.
got a lift after an analyst with Bernstein upped its rating to outperform from market perform. Shares were rising 7 cents to $18.25.