CME Group Among Companies Seeing Annual Stock Price Lows Today
On a Wednesday when the markets went nowhere, some companies sold off to lower stock prices due to negative sentiment. Here the suffering companies:
Bill Barrett Corp. (NYSE:BBG): Macquarie downgrades Bill Barrett on weak natural gas prices. Price target lowered to $41 from $48. The shares closed at $32.04, down $2.12 or 6.21 percent. Their 52-week trading range has been $31.96 to $52.13.
CME Group Inc. (NASDAQ:CME): Federal agents say MF Global Treasurer Edith O’Brien is “a person of interest.” New York Times reports she is suspected of transferring $200 million worth of customer cash to JP Morgan (NYSE:JPM) just before MF’s bankruptcy. The newspaper, using an unnamed source, reported MF may have paid some customers that were closing their accounts with money from futures. The shares closed at $226.00, down $1.53 or 0.67 percent. Their 52-week trading range has been $226.06 to $317.90.
Ferrellgas Partners (NYSE:FGP): Ferrellgas Partners, L.P. acquires Rio Grande Valley Gas of Edinburg, Texas. No specific terms were disclosed, but Ferrellgas Partners adds about 2,500 customers, adding to the company’s base in the border area. The shares closed at $17.65, down $0.52 or 2.86 percent. Their 52-week trading range has been $10.20 to $29.00.
Franklin Street Prop (AMEX:FSP): The shares closed at $9.58, down $0.11 or 1.14% on the day. Their 52-week trading range has been $9.51 to $15.63.
Hugoton Royalty Trus (NYSE:HGT): The shares closed at $16.55, down $0.02 or 0.12 percent. Their 52-week trading range has been $16.44 to $24.67.
To contact the reporter on this story: Jim Wilkerson at email@example.com
To contact the editor responsible for this story: Damien Hoffman at firstname.lastname@example.org