- DJIA 12,968.97 (-89.23; -0.68%)
- S&P500 1,407.48 (-6.42; -0.45%)
- NASDAQ 2,464.12 (-12.87; -0.52%)
- 10YR-TBond 3.845% (unch.)
- 52-WEEK LOW CLUB
Aircastle Limited (NYSE: AYR) flew after the announcement that two subsidiaries of the aircraft lessor entered into 7-year $786.1 million debt facility on a 28 aircraft portfolio with a floating interest rate one-month LIBOR plus 1.75%. Proceeds will payoff amounts outstanding on aircrafts. Shares rose almost 17% to $16.15.
Sprint Nextel Corporation (NYSE: S) rose after rumors that Deutsche Telekom, the parent of T-mobile, may be pondering an offer for the struggling wireless communication company. Late in the day the WSJ noted that NexTel's Shares rose 10% to $8.72.
Countrywide Financial Corporation (NYSE: CFC) slipped after an analyst report noting that Bank of America Corporation (NYSE: BAC) may (or should) renegotiate the buyout price or possibly walk-away from a deal. In January, Bank of America agreed to buy Countrywide for $4 billion. Shares fell 10% to $5.36.
Apple Inc. (NASDAQ: AAPL) was up after an upgrade by American Technology Research. The analyst upgraded the company to buy from neutral and the price target was set at $210. Shares rose 2% to $184.73.
Comfort Zone Investing: The unmighty dollar
Five winners of a weak dollar
For a quick-read on the U.S. economy, check the price of gasoline
