Winners and losers updated for closing stock prices.
) -- While stocks struggled to stay in the green Monday, the financial sector wobbled slightly on news of foreclosure halts and third-quarter earnings previews by analysts.
Financial Select Sector SPDR
closed down two cents to $14.68 a share.
was the big winner Monday morning, with the stock up 42 cents to $39.73 on news that the bank is likely to post higher profits on lower revenue, when it reports
American International Group
stock was up 13 cents, to $41.04, on news that the insurer has started its exit plan by exchanging equity units.
Bank of America
shares were up four cents, to $13.22, but closed down there cents at $13.15 Monday. The bank announced on Friday that it would be halting foreclosures nationwide to review its foreclosure document processing.
The biggest loser Monday morning was
. The insurer's stock sunk 59 cents, to $53.45, after it was downgraded to underweight from neutral by analysts at JPMorgan. Analysts said the insurer is likely to report losses due to variable annuities in the third-quarter.
shares fell 30 cents, to $25.65, on news that has settled charges of deceptive marketing practices over some of its mortgage products. The settlement will cost the bank $772 million.
closed down a penny at $4.18 a share. A Citi executive said that after the U.S. government sells off its stake in the bank, Citi may make acquisitions to boost its transaction services business in Africa, according to
--Written by Maria Woehr in New York.
To contact the writer of this article, click here:
To follow the writer on Twitter, go to
To submit a news tip, send an email to: