Biggest S&P Stock Losers (NYSE:C, HOG, DFS, PCS)

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Citigroup Inc. (Public, NYSE:C)fell 7.50% to $3.19 on huge volume of over 1.73 billion shares after it said it raised roughly $20.5 billion selling new common stock and tangible equity units to help the financial-services giant extricate itself from the government's Troubled Asset Relief Program, or TARP. Citi sold 5.4 billion new common shares at $3.15 each, generating net proceeds of about $17 billion. The bank also sold 35 million tangible equity units at $100 each, generating net proceeds of approximately $3.5 billion. About $2.8 billion of that will count as new equity for the company.

Discover Financial Services (Public, NYSE:DFS) declined 7% to $15.26 the sixth-largest U.S. credit card issuer, posted lower-than-expected quarterly earnings as bad loans grew and the value of transactions with its cards declined. Net income for the fiscal fourth quarter, ended Nov. 30, fell to $371 million, or 63 cents per share, from $432 million, or 89 cents per share, a year earlier, the company said on Thursday.

Harley-Davidson, Inc. (Public, NYSE:HOG) fell 5.17% to $25.50 after Goldman downgraded Harley-Davidson from Neutral to Sell. The stock was also added to the Conviction Sell list, Channel checks point to considerably lower retain sales. $23 price target.

MetroPCS Communications, Inc. (Public, NYSE:PCS)  ell 6% to $7.23 on over 3 million shares. So far in the last five sessions, the stock has jumped over 11%. MetroPCS Communications, Inc. (MetroPCS) is a wireless communications provider that offers wireless broadband mobile services under the MetroPCS brand in selected metropolitan areas in the United States over its own licensed networks or networks of entities, in which the Company holds a substantial non-controlling ownership interest.

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Penny Stock Pick Report provides daily free stock alerts to its members. We can teach you how to be a leader in stock market investment and make big gains. Our stock alerts help you gain insight on the various stocks of the day like penny stocks, top gainers ,top losers so that you can invest on stocks that have potential to grow big. You can also contact us if you want to advertise your website on our website.

Get to know the latest in the stock markets by subscribing to the free stock alerts by visiting :  http://www.pennystockpickreport.com/

Citigroup Inc. (Public, NYSE:C)fell 7.50% to $3.19 on huge volume of over 1.73 billion shares after it said it raised roughly $20.5 billion selling new common stock and tangible equity units to help the financial-services giant extricate itself from the government's Troubled Asset Relief Program, or TARP. Citi sold 5.4 billion new common shares at $3.15 each, generating net proceeds of about $17 billion. The bank also sold 35 million tangible equity units at $100 each, generating net proceeds of approximately $3.5 billion. About $2.8 billion of that will count as new equity for the company.

Discover Financial Services (Public, NYSE:DFS) declined 7% to $15.26 the sixth-largest U.S. credit card issuer, posted lower-than-expected quarterly earnings as bad loans grew and the value of transactions with its cards declined. Net income for the fiscal fourth quarter, ended Nov. 30, fell to $371 million, or 63 cents per share, from $432 million, or 89 cents per share, a year earlier, the company said on Thursday.

Harley-Davidson, Inc. (Public, NYSE:HOG) fell 5.17% to $25.50 after Goldman downgraded Harley-Davidson from Neutral to Sell. The stock was also added to the Conviction Sell list, Channel checks point to considerably lower retain sales. $23 price target.

MetroPCS Communications, Inc. (Public, NYSE:PCS)  ell 6% to $7.23 on over 3 million shares. So far in the last five sessions, the stock has jumped over 11%. MetroPCS Communications, Inc. (MetroPCS) is a wireless communications provider that offers wireless broadband mobile services under the MetroPCS brand in selected metropolitan areas in the United States over its own licensed networks or networks of entities, in which the Company holds a substantial non-controlling ownership interest.

About http://www.pennystockpickreport.com/
 

Penny Stock Pick Report provides daily free stock alerts to its members. We can teach you how to be a leader in stock market investment and make big gains. Our stock alerts help you gain insight on the various stocks of the day like penny stocks, top gainers ,top losers so that you can invest on stocks that have potential to grow big. You can also contact us if you want to advertise your website on our website.