Home / Markets
Tuesday, June 30, 2009
Market Winners & Losers: H&R Block, AIG
David O'Brien
FOXBusiness
The last trading session of the quarter was rocked by a lack of consumer confidence as the major indices all went red. The Dow fell 1%, the S&P lost 0.5% and the Nasdaq plunged 0.9%.
Here are Tuesday’s winners and losers:
Winners
H&R Block Inc. (HRB)
Shares of H&R Block rose 9.8% after the tax preparation company announced better-than-expected earnings. HRB closed at
$17.20, a gain of $1.53 on the day.
Apollo Group Inc. (APOL)
The online educator gained 7.8% on Tuesday on the back of reporting strong third-quarter earnings results on Monday . APOL
last traded at $71.12, a gain of $5.13.
Ford Motor Company (F)
Shares of the auto manufacturer bucked sector trends, rising 5% Tuesday after the company announced it plans to boost production.
The stock rose 29 cents to settle at $6.07.
International Paper Co. (IP)
The paper manufacturer gained 4.9% after an analyst said a potential merger between two other companies would give International
Paper greater market share. IP ended the session at $15.13, a gain of 71 cents on the day.
Electronic Arts Inc. (ERTS)
Shares of the video-game manufacturer closed up 4.4% on a Bank of America upgrade. ERTS shares last traded at $21.72, a gain
of 91 cents on the day.
Losers
American International Group Inc. (AIG)
A drop in consumer confidence hurt the financial giant as shares closed down 12.8% on Tuesday. AIG ended the session at $1.16,
a loss of 17 cents.
CIT Group Inc. (CIT)
CIT’s stock fell 6.5% after the company received a downgrade from KBW. CIT closed down 15 cents at $2.15.
Zions Bancorp. (ZION)
A Fitch downgrade sent the regional lower by 5.6% Tuesday. Zion ended the trading day at $11.56, a loss of 68 cents.
Deere & Co. (DE)
The tractor manufacturer got a less-than-positive response from investors after news that the company expects to take a hefty
charge as a result of 800 workers taking buyouts. DE last traded down 5.2% to $39.95, a loss of $2.20.
Starbucks Corp. (SBUX)
Starbucks ending the month and quarter with a decaf session, as the company posted a 5.1% loss Tuesday. SBUX finished July
down 75 cents to $13.89.
Fox Business Video
-
-
The Business of Sports
-
Nov 7, 2009
FOXBusiness.com LIVE
-
-
-
Jim Caviezel: Hollywood and th...
-
Nov 7, 2009
Actor in life in film
-
-
-
Ticker Tape Parade Invades Downtown
-
Nov 7, 2009
Yankees celebrate 27th World Series win
-
-
-
Cavuto Business Report 11-06-09
-
Nov 7, 2009
Business Report: Cavuto
-
-
-
Pro Poker Player: $2M in 2 Months
-
Nov 7, 2009
Pro Poker player on growing success of sport
-






