CIT, BEE, SVLF were Today’s Top Financial Stocks
Free Stock Alerts on Today's Top Financial Stocks
(EMAILWIRE.COM, October 16, 2009 ) Dallas, TX - CIT Group Inc. (NYSE:CIT) was among the top active mover and surged 10.38% to close at $1.17 on huge volume of 72.88 million shares after Reuters reported yesterday that CIT Group Inc. is getting closer to finalizing the terms of a new loan that would give the commercial lender, trying to avoid bankruptcy, $3 billion to $6.5 billion. The terms of the loan, being arranged by Bank of America, could be finalized as soon as this week. The loan would work as a secured facility in case of a successful debt exchange offer by the lender, or as a debtor-in-possession loan if the Company has to file for bankruptcy. The Company would use most of the additional money, except about $500 million, to repay existing debt.
Strategic Hotels & Resorts Inc. (NYSE:BEE) was the top mover of today`s trade and closed 5.88% higher at $2.51 on unusual volume of 7.02 million shares on no news. The stock hit an intraday high and an intraday low of $2.67 and $2.31. So far the stock prices shoot up over175% in last 6 months of trade. Strategic Hotels & Resorts, Inc. operates as a self-administered and self-managed real estate investment trust. SHR owns and asset manages upper upscale and luxury hotels that are subject to long-term management contracts.
Silverleaf Resorts, Inc. (NASDAQ:SVLF) surged 15.83% or $0.19 to close the days trade at $1.39 on over 1.19 million shares. The stock hit an intraday high and an intraday low of $1.40 and $1.16. So far the stock prices shoot up over 85% in last 6 months of trade. Silverleaf Resorts, Inc. is engaged in the development, marketing and operation of getaway and destination timeshare resorts. As of December 31, 2008, the Company owned seven getaway resorts in Texas, Missouri, Illinois and Georgia.
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Strategic Hotels & Resorts Inc. (NYSE:BEE) was the top mover of today`s trade and closed 5.88% higher at $2.51 on unusual volume of 7.02 million shares on no news. The stock hit an intraday high and an intraday low of $2.67 and $2.31. So far the stock prices shoot up over175% in last 6 months of trade. Strategic Hotels & Resorts, Inc. operates as a self-administered and self-managed real estate investment trust. SHR owns and asset manages upper upscale and luxury hotels that are subject to long-term management contracts.
Silverleaf Resorts, Inc. (NASDAQ:SVLF) surged 15.83% or $0.19 to close the days trade at $1.39 on over 1.19 million shares. The stock hit an intraday high and an intraday low of $1.40 and $1.16. So far the stock prices shoot up over 85% in last 6 months of trade. Silverleaf Resorts, Inc. is engaged in the development, marketing and operation of getaway and destination timeshare resorts. As of December 31, 2008, the Company owned seven getaway resorts in Texas, Missouri, Illinois and Georgia.
About www.pennystockpickalert.com
If you are planning to invest into Stock Market then you must subscribe to Free Stock Newsletter and Alerts. Penny Stock Pick Alert is a leading stock web site that provides free alerts on great stocks that are poised to make big gains.
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