Pre-Open Moves 9/15: Financial Hit On Lehman (LEH) Fall-Out, Merrill (MER) Higher On BofA Takeover

September 15, 2008 9:25 AM EDT

StreetInsider.com Pre-Open Moves:

Lehman Brothers (NYSE: LEH) 90% LOWER; Files bankruptcy after unsuccessful sale efforts this weekend.

Napster Inc. (Nasdaq: NAPS) 89% HIGHER; Best Buy (NYSE: BBY) to acquire Napster for $2.65 per share

AIG (NYSE: AIG) 41% LOWER; Scrambles to sell assets, raise more capital

Take-Two Interactive (Nasdaq: TTWO) 29% LOWER; EA terminates bid

Merrill Lynch (NYSE: MER) 28% HIGHER; Banc of America buy Merrill Lynch in $50 billion stock-for-stock deal

Washington Mutual Inc. (NYSE: WM) 19% LOWER; Lehman news

Bank of America (NYSE: BAC) 15% LOWER; Buy Merrill Lynch in $50 billion stock-for-stock deal

Wachovia Corporation (NYSE: WB) 10% LOWER; Lehman news

Citigroup (NYSE: C) 7% LOWER; Lehman news

Morgan Stanley (NYSE: MS) 10% LOWER; Lehman news

Goldman Sachs Group Inc. (NYSE: GS) 8% LOWER; Lehman news

JPMorgan Chase (NYSE: JPM) 5% LOWER; Lehman news

Lowe's (NYSE: LOW) 5% LOWER; Credit Suisse downgrades to Neutral

Home Depot, Inc (NYSE: HD) 5% LOWER; Credit Suisse downgrades to Neutral

Wells Fargo (NYSE: WFC) 5% LOWER; Lehman news

Longs Drug Stores (NYSE: LDG) 3% HIGHER; Walgreen's (NYSE: WAG) submits $75 offer, topping the CVS (NYSE: CVS) offer.


Get This Report E-Mailed To You Daily and Much, Much More With StreetInsider.com Premium - FREE TRIAL


Related Categories

Special Reports

Stocks Mentioned

AIG 36.18

+0.00 +0.00%
Volume: 514,923
Track AIG

BAC 15.77

+0.00 +0.00%
Volume: 1,420,537
Track BAC

BBY 41.78

+0.00 +0.00%
Volume: 5,013,749
Track BBY

C 4.19

+0.00 +0.00%
Volume: 2,409,318
Track C

CVS 30.90

+0.00 +0.00%
Volume: 2,290
Track CVS

GS 176.57

+0.00 +0.00%
Volume: 14,110
Track GS

HD 26.81

+0.00 +0.00%
Volume: 2,400
Track HD

JPM 44.35

+0.00 +0.00%
Volume: 34,608
Track JPM

LDG 71.51

+0.00 +0.00%
Volume: 1,136,529
Track LDG

LEH 0.13

+0.00 +0.00%
Volume: 0
Track LEH

LOW 21.25

+0.00 +0.00%
Volume: 14,602,871
Track LOW

MER 11.64

+0.00 +0.00%
Volume: 49,928,111
Track MER

MS 33.95

+0.00 +0.00%
Volume: 4,063
Track MS

NAPS 2.64

+0.00 +0.00%
Volume: 72,477
Track NAPS

TTWO 11.73

+0.00 +0.00%
Volume: 1,569,450
Track TTWO

WAG 40.04

+0.00 +0.00%
Volume: 400,000
Track WAG

WB 5.54

+0.00 +0.00%
Volume: 79,673,174
Track WB

WFC 28.40

+0.00 +0.00%
Volume: 51,285
Track WFC

WM 32.49

+0.00 +0.00%
Volume: 200
Track WM


Related Entities


Add Your Comment