Biggest Financial Stocks Losers are AIB, ASBC, RDN

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Allied Irish Banks, plc. (ADR) (NYSE:AIB) decreases 7.92% to $5.81 after Keefe Bruyette gave the Foreign Money Center Banks industry some bad news as it announced that the company was downgraded from Market Perform  to Underperform. Allied Irish Banks, p.l.c., together with its subsidiaries conducts retail and commercial banking business in Ireland. It also provides corporate lending and capital markets activities from its head office at Bankcentre and from Dublin’s International Financial Services Centre.

Associated Banc-Corp (NASDAQ:ASBC) decreases 13.07% to $11.04 on over 1.32 million shares. The stock hit an intraday high and an intraday low of $12.40 and $11.03 respectively. In the last six months the stock went down over 42%. Associated Banc-Corp is a bank holding company. During the year ended December 31, 2008, the Company owned one nationally chartered commercial bank, serving local communities within its three-state footprint. As of December 31, 2008, it owned one nationally chartered trust company.

Radian Group Inc. (NYSE:RDN) decreases 7.49% to $5.93 as the company ‎on Nov 4, 2009 ‎reported a loss for the third-quarter compared to a profit for the prior year quarter, reflecting a significant provision for mortgage insurance losses. Radian posted net loss of $70.5 million or $0.86 per share, compared to net income of $36.7 million or $0.46 per share in the same quarter last year.

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