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Biggest Financial Stocks Losers were MI, PVTB, IRE : by Penny Stock Pick Alert

Penny Stock Pick Alert reports that Biggest Financial Stocks Losers were Marshall & Ilsley Corporation, Private Bancorp and Bank of Ireland.

 


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(EMAILWIRE.COM, November 11, 2009 ) Dallas, TX- Marshall & Ilsley Corporation (NYSE:MI) decreased 5.42% to close at $5.23. The stock hit an intraday high and an intraday low of $5.50 and $5.20 respectively. In the last six months the stock went down over 46%. Marshall & Ilsley Corporation is a bank holding company. M&I provides diversified financial services to a variety of corporate, institutional, government and individual customers. M&I’s principal assets are the stock of its bank and nonbank subsidiaries, which, as of February 15, 2009, consisted of five bank and trust subsidiaries and a number of companies engaged in businesses that are closely-related or incidental to the business of banking.

PrivateBancorp, Inc. (NASDAQ:PVTB) plunged 6.52% to $9.60. The stock hit an intraday high and an intraday low of $10.33 and $9.48 respectively. In the last six months the stock went down over 62%. PrivateBancorp, Inc. is a bank holding company. PrivateBancorp, through its PrivateBank subsidiaries, provides business and personal financial services to middle-market commercial and commercial real estate companies, as well as business owners, executives, entrepreneurs and wealthy families.

Bank of Ireland (ADR) (NYSE:IRE) went down 6.67% to end the day at $11.89. The stock hit an intraday high and an intraday low of $12.14 and $11.28 respectively. In the last six months the stock went up over 69%. Bank of Ireland and its undertakings is engaged in providing a range of banking and other financial services. The Bank operates in five business segments: Retail Republic of Ireland, Bank of Ireland Life, Capital Markets, UK Financial Services and Group Centre.

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