5 – PIMCO Floating Rate Strategy Fund – NYSE:PFN
4 – Qwest Communications International – NYSE:Q
3 – Nordstrom – NYSE:JWN
2 – UQM Technologies – AMEX:UQM
1 – Citigroup – NYSE:C
* PIMCO Floating Rate Strategy Fund announced earlier this week that effective on or about March 1, 2010, the Fund will change its name and rescind its non-fundamental investment policy. The new name for PFN will be PIMCO Income Strategy Fund II. Shares of PFN fell 2.5 percent to $9.96 in its debut on Wednesday.
* Fitch Ratings affirmed its issuer default rating for Quest Communications International and said its rating outlook for the company remains stable. Shares of Q finished flat to close at $4.24 on the NYSE Wednesday.
* Retail stocks were mixed Wednesday following a weaker-than-anticipated consumer-confidence report. Nordstrom fell on the news to close down .60 percent to $38.17 on the NYSE.
* UQM Technologies recently announced that it has acquired a 30-acre site in Colorado to support its expected growth in manufacturing operations. Shares of UQM tumbled 4.3 percent to $6.73 on the AMEX on Wednesday.
* Citigroup stock is on track to close the year among the S&P 500's top 10 laggards. The stock was on the HIGH 154 times out of 252 trading days in 2009. Shares of C fell 1.5 percent to $3.32 on the NYSE on Wednesday.
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