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Monday, February 9, 2009

Stock Market Gainers February-09 2009

Banks: A Friday rally carried over ahead of details from the latest government plan to rescue the industry and inject capital to the financial system and supporting the broader financial sector.
Hartford Financial Services (HIG:hartford finl svcs group inc com
Last: 15.03+2.35+18.53%

HIG 15.03, +2.35, +18.5%) shares gained more than 18% after dropping 16% Friday. Fifth Third Bancorp (FITB:Fifth Third Bancorp
Last: 2.89+0.26+9.89%
FITB 2.89, +0.26, +9.9%) and Huntington Bancshares Inc. (HBAN:Huntington Bancshares
Last: 2.61+0.25+10.59%
HBAN 2.61, +0.25, +10.6%) earlier jumped as much as 14% and 25%, respectively. See
Barclays (BCS:Barclays PLC
Last: 6.99+0.70+11.13%
BCS 6.99, +0.70, +11.1%) shares jumped more than 11%. Its 2008 net income fell 1% to 4.38 billion pounds ($6.46 billion), helped by a lower effective tax rate and several one-off gains. The group's pretax profit fell 14% to 6.08 billion pounds from 7.08 billion pounds. The bank had previously said it would report pretax earnings well ahead of the then 5.3 billion pound consensus forecast. Barclays will resume dividend payments in the second half of the year.
Beazer Homes USA (BZH:Beazer Homes USA, Inc
Last: 1.19+0.19+19.00%
BZH 1.19, +0.19, +19.0%) shares rallied as much as 34%. The builder's fiscal first-quarter loss narrowed to $80.3 million, or $2.08 a share, from $138 million, or $3.59 a share. Revenue slumped to $232.4 million from $500.7 million. See story on Beazer's results.
DryShips (DRYS:dryships inc shs
Last: 6.50+0.32+5.18%
DRYS 6.50, +0.32, +5.2%) gained nearly 15% earlier. The shipper reached a preliminary agreement with Nordea Bank Finland PLC to obtain a covenant waiver in connection with an $800 million Primelead loan.
General Electric Co. (GE:General Electric Company
Last: 12.64+1.55+13.98%
GE 12.64, +1.55, +14.0%) , a member of the Dow Jones Industrial Average, jumped nearly 14%.
HAS 25.07, +1.53, +6.5%) rose as much as 8% during the session. The world's No. 2 toy maker reported a 30% decline in quarterly net income, to $93.6 million, or 62 cents a share, in the fourth quarter. See story on Hasbro's results.
Hertz Global Holdings (HTZ:hertz global holdings inc com
News , chart , profile , more
Last: 5.67+0.45+8.62%
HTZ 5.67, +0.45, +8.6%) gained more than 8%. It increased retail rental prices at North American airport locations starting Monday. Retail car rental rates have been increased by $5 a day and $30 a week but its negotiated contract rates are not affected by the increase.
Regions Financial Corp. (RF:regions financial corp new com
Last: 4.64+0.44+10.48%
RF 4.64, +0.44, +10.5%) shares rose as much as 20%. It opened the doors to all four former branches of FirstBank Financial Services in Henry and Clayton counties, which closed Friday. Beginning Monday, these branches will operate under the Regions name, and former customers of FirstBank may visit these branches to handle their normal banking transactions.

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