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Ticker Summary (WM)

34.16+0.00 (+0.00%)
Open	N/A
High	N/A
Low	N/A
Volume	N/A
Market Cap	16.6B
52 Week High	35.00
52 Week Low	25.05
P/E	17.00
F P/E	14.35
EPS	2.01
Dividend	1.18
Yield	3.47%
1 Year Target	37.67

WM 34.16 0.00%

Washington Mutual Dives 17 Percent (www.bloomberg.com)

Shares of Washington Mutual fell by 17 percent Monday, after an UBS analyst downgraded the bank stating that the bank severely underestimated the losses it would need to write-off related to home loans. The bank is now expected to lose more about $21.7 billion, much higher then the previously announced $12 to 19 billion.

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