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2.7%  Q1 GDP    4.57%  avg. 30-year mortgage     9.5%  Unemployment

Today's Winners and Losers on Wall Street

From the Associated Press, here are today's biggest winners and losers on Wall Street. The Dow is up 141 points.


Wachovia Corp., up $2.70 at $6.61

Wells Fargo agreed to buy the bank for $15.1 billion, setting up a fight with Citigroup, which had its own deal with the bank in place.

Citigroup Inc., down $2.58 at $19.92

Its stock sank following the Wells Fargo deal for Wachovia, and Citi said it is considering a lawsuit and may sweeten its bid.

American International Group Inc., up 53 cents at $4.53

The insurer said it will sell business units to pay off a massive government loan but retain its U.S. property and casualty unit.

Anheuser-Busch Cos., up 52 cents at $65.10

The brewer expects quarterly earnings to rise at a low double-digit rate, helped by higher prices and sales of Bud Light Lime.

Metlife Inc., up $2.92 at $43.88

The insurer led a rebound in the sector after analysts raised their ratings following steep declines Thursday on liquidity concerns.

Family Dollar Stores Inc., up 88 cents at $25.08

The retailer said quarterly profit rose 41 percent, beating expectations, as shoppers rushed to buy consumables in a softening economy.

UBS AG, down 23 cents at $19.87

The Swiss bank will cut 2,000 jobs at its troubled investment banking unit, most of which will be lost in the U.S. and Britain.

McDonalds's Corp., down 55 cents at $61.33

Analysts warned casual dining chains will suffer on economic weakness, but said global fast-food chains are better positioned.

By Michael S. Rosenwald  |  October 3, 2008; 2:18 PM ET
Categories:  The Ticker  
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