Financial Sector Review: Winning and Losing Stocks on Oct 24th

Wall St. Watchdog reveals information about today’s action in the Financial (NYSE:XLF) sector:

Gainers (% price change)

  • HealthSpring, Inc (NYSE:HS): The shares closed at $53.69, up $13.53, or 33.69%, on the day. Its market capitalization is $3.65 billion. About the company: Healthspring, Inc. is a health maintenance organization. The Company serves Medicare recipients with a comprehensive network of hospitals and physicians.
  • iShares FTSE NAREIT Ind (AMEX:FNIO): The shares closed at $30.46, up $4, or 15.12%, on the day. Its market capitalization is $2.54 billion.
  • AMERIGROUP Corporation (NYSE:AGP): The shares closed at $49.12, up $4.19, or 9.33%, on the day. Its market capitalization is $2.44 billion. About the company: AMERIGROUP Corporation, a multi-state managed healthcare company, serves people who receive healthcare benefits through state-sponsored programs. Programs include Medicaid, Children’s Health Insurance Program, and Family Care. The Company provides managed care and medical management programs, as well as offers community-based education and outreach programs.
  • WellCare Health Plans (NYSE:WCG): The shares closed at $45.49, up $3.4, or 8.08%, on the day. Its market capitalization is $1.94 billion. About the company: WellCare Health Plans Inc provides managed care services targeted exclusively to government-sponsored healthcare programs. The Company operates health plans in multiple states.
  • Coventry Health Care, Inc (NYSE:CVH): The shares closed at $32.15, up $2.22, or 7.42%, on the day. Its market capitalization is $4.78 billion. About the company: Coventry Health Care, Inc. is a managed health care company operating health plans and insurance companies under a variety of names. The Company provides health maintenance organization, preferred provider organization, point of service, Medicare and Medicaid, and Network Rental to members in markets throughout the Midwest, Mid-Atlantic, and Southeast United States.

Losers (% price change)

  • Helios High Yield Fund (NYSE:HHY): The shares closed at $23.14, down $4.54, or 16.4%, on the day. Its market capitalization is $157.94 million. About the company: Helios High Yield Fund is a non-diversified, closed-end management investment company incorporated in the USA. The Fund’s objective is high current income, as well as capital growth. The Fund invests at least 65% of its total assets in high-yield bonds, debentures, notes, corporate loans and other debt instruments rated below investment-grade or unrated.
  • S&T Bancorp, Inc. (NASDAQ:STBA): The shares closed at $19.62, down $1.01, or 4.9%, on the day. Its market capitalization is $550.95 million. About the company: S&T Bancorp, Inc. is the holding company for S&T Bank and S&T Investment Company, Inc. S&T Bank is a full service bank providing service to its customers through a network of offices located in Allegheny, Armstrong, Clarion, Indiana, Jefferson, Clearfield, and Westmoreland counties in Pennsylvania.
  • ProShares UltraShort QQQ (AMEX:QID): The shares closed at $42.85, down $2.06, or 4.59%, on the day. Its market capitalization is $584.16 million. About the company: UltraShort QQQ ProShares is an exchange-traded fund incorporated in the USA. The Fund seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the NASDAQ-100 Index
  • Radian Group Inc. (NYSE:RDN): The shares closed at $2.36, down $0.09, or 3.67%, on the day. Its market capitalization is $314.38 million. About the company: Radian Group Inc. provides financial guarantee insurance. The Company’s products and services enable homebuyers to purchase homes more quickly and with smaller down payments, protect lenders against loan default, and lower the costs of mortgage origination and servicing. Radian also provides insurance and reinsurance to investors in corporate, municipal, and asset-backed securities.
  • First Niagara Financial (NASDAQ:FNFG): The shares closed at $8.62, down $0.28, or 3.15%, on the day. Its market capitalization is $2.54 billion. About the company: First Niagara Financial Group, Inc. is a bank holding company. The Banks provide an array of deposit products and loans, as well as insurance, leasing, investment advisory services, insurance agency services, and trust services.

(Note: Selected financial data are sourced from Google Finance. All data are assumed to be accurate.)

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