Comments

Search

Ticker Summary (WM)

34.11+0.27 (+0.80%)
Open	33.90
High	34.19
Low	33.75
Volume	1,475,849
Market Cap	16.3B
52 Week High	35.99
52 Week Low	28.28
P/E	16.40
F P/E	14.28
EPS	2.08
Dividend	1.52
Yield	4.51%
1 Year Target	39.06

WM 34.11 +0.80%

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.

+0 | Circulate