Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Market Movers: Winners & Sinners


A quick look at today's biggest up and down movers...


Click here to enlarge.

Click here to enlarge.

Stocks to the upside include Wynn Resorts (WYNN) after strong earnings on Monday reported a quarterly profit of $89.6 mln compared to a loss of $20.1 mln a year ago. Also on the upside is Indymac Bancorp (IMB) after reporting that they will no longer make riskier "Alt-A" loans.

Stocks to the downside include Luminent Mortgage (LUM) after the company reported that it has been hit by numerous margin calls. The company also reported that it would not pay its 2Q dividend.

No positions in stocks mentioned.

The information on this website solely= reflects the analysis of or opinion about the performance of securities an= d financial markets by the writers whose articles appear on the site. The v= iews expressed by the writers are not necessarily the views of Minyanville = Media, Inc. or members of its management. Nothing contained on the website = is intended to constitute a recommendation or advice addressed to an indivi= dual investor or category of investors to purchase, sell or hold any securi= ty, or to take any action with respect to the prospective movement of the s= ecurities markets or to solicit the purchase or sale of any security. Any i= nvestment decisions must be made by the reader either individually or in co= nsultation with his or her investment professional. Minyanville writers and= staff may trade or hold positions in securities that are discussed in arti= cles appearing on the website. Writers of articles are required to disclose= whether they have a position in any stock or fund discussed in an article,= but are not permitted to disclose the size or direction of the position. N= othing on this website is intended to solicit business of any kind for a wr= iter's business or fund. Minyanville management and staff as well as co= ntributing writers will not respond to emails or other communications reque= sting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.



Featured Videos