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 Daily High 5 Blog

5 – Genworth Financial – NYSE:GNW

4 – Potash of Saskatchewan – NYSE:POT

3 – Origin Agritech Limited – NASDAQ:SEED

2 – DryShips – NASDAQ:DRYS

1 – Citigroup – NYSE:C

* Moody's reported yesterday that the value of commercial real estate has fallen to levels not seen since 2002. Genworth Financial is one commercial realtor that's being affected. Shares of GNW rose 3 percent to $11.54.

* Top executives at fertilizer giant Potash made some optimistic remarks at a basic-materials conference put together by Citigroup about a recent burst in demand for the crop-nutrient potash. POT shot up 5 percent to $122.38 yesterday.

* Origin Agritech was among the most actively traded companies Wednesday with market capitalizations under $1 billion. Shares of SEED plummeted 8.9 percent to $12.47 on the Nasdaq.

* Earlier this week DryShips said it terminated an agreement to buy two Panamax vessels as it could not get a period employment contract for the vessels within the agreed timeframe with the sellers. DRYS fell .30 percent to $6.30 on Wednesday.

* Citi on Wednesday sold $1.875 billion of senior remarketing notes. The bank's shares finished the day where it began at $4.10 on the news.

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Dec3

Written by: Daily High 5 Blogger
12/3/2009 10:45 AM 

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