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Today's Top NYSE Stocks Losers were SNV, NMM, MFC : by Penny Stock Pick alert

Penny Stock Pick alert reports that Synovus Financial Corp., Navios Maritime Partners L.P. and Manulife Financial Corporation (USA) today were Top NYSE stocks Losers.

 



(EMAILWIRE.COM, November 20, 2009 ) Dallas, TX - Synovus Financial Corp. (NYSE:SNV) plunged 12.22% to close at $1.58. The stock hit an intraday high and an intraday low of $1.78 and $1.56 respectively. Today, the stock made a new 52-week low at $1.56. In the last six months the stock went down over 60%. Synovus Financial Corp. (Synovus) is a diversified financial services company and a registered bank holding company.


Navios Maritime Partners L.P. (NYSE:NMM) decreased 9.11% to end the day at $14.36 after the company priced an overnight offering of 4 million common units, at 14 dollars and 19 cents each. The company said it plans to use the proceeds in part to fund its fleet expansion. Citi (NYSE:C) and J.P. Morgan (NYSE:JPM) are the joint book-running managers for the offering.


Manulife Financial Corporation (USA) (NYSE:MFC) decreased 6.36% to end the day at $17.81 after he company announced it will raise 2.5 billion dollars in a common equity bought deal arranged by Scotia Capital and RBC Dominion Securities. Manulife Financial said its capital position is now fortified to the "fortress level" and on a pro-forma basis would put the ratio of minimum continuing capital and surplus requirements at a company record of 256%.

ABOUT http://www.PennyStockPickalert.com

Penny Stock Pick Report is an independent electronic publication that provides information on selected publicly traded companies. Penny Stock Pick Report is not a registered investment advisor or broker-dealer. Penny Stock Pick Report affiliates, directors, officers, and employees may purchase and sell additional shares in any company which are mentioned above and may profit in the event those shares rise in value. Please do your research before you plan to invest in any of the stocks mentioned above.

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Robert Wilson
Tel: 214 556 6798
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