Dallas, TX 11/11/2009 1:35:23 AM
News / Business

Biggest Financial Stocks Losers are BCS, MTG, SNV

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Barclays PLC (ADR) (NYSE:BCS) decreases 5.70% to $21.85 after the company announced that inn respect of the second half of 2009, the Company will pay an interim cash dividend of GBP0.01 per share on December 11, 2009. A final cash dividend for the half year will be declared at the time of the Preliminary Results Announcement on February 16, 2010, and paid in March. For qualifying US and Canadian resident ADR holders, the interim dividend of GBP0.01 per ordinary share becomes GBP0.04 per ADS. The ADR depositary will mail the interim dividend on December 11, 2009, to ADR holders on the record on November 20, 2009.

MGIC Investment Corp. (NYSE:MTG) decreases 5.91% to $4.46 on over 1.20 million shares. The stock hit an intraday high and an intraday low of $4.73 and $4.40 respectively. In the last six months the stock went down over 15%. MGIC Investment Corporation is a holding company and through its wholly owned subsidiary, Mortgage Guaranty Insurance Corporation, provides private mortgage insurance in the United States. MGIC is licensed in all 50 states of the United States, the District of Columbia, Puerto Rico and Guam.

Synovus Financial Corp. (NYSE:SNV) decreases 6.25% to $2.10. The stock hit an intraday high and an intraday low of $2.24 and $2.07 respectively. In the last six months the stock went down over 54%. Synovus Financial Corp. is a diversified financial services company and a registered bank holding company. The Company provides financial services, including commercial and retail banking, financial management, insurance, mortgage and leasing services.

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