Up and Down: JER, NII, Millennium, Corporate Executive Board



*JER Investors Trust (JRT) was last week's biggest gainer on our list, with shares rising 35 percent, to $7.45. They're up almost 63 percent from their 52-week low of $4.58, hit earlier this month. The McLean company buys commercial real estate.

*Shares of VSE (VSEC) of Alexandria gained 23 percent last week, closing Friday at $40.07 and giving it the No. 2 spot on our list of top gainers for last week. It had the No. 3 spot on our list the previous week, with shares gaining 24 percent in that period. Shares hit a 52-week low of $22.72 in February.

*NII Holdings (NIHD) shares rose 20 percent last week, to $55.46, boosted by its report of record second-quarter earnings on Wednesday. The Reston-based company, which sells cellphone service in Latin America, said its subscriber count grew 34 percent, to more than 5.4 million. NII hit its 52-week high of $86.24 almost a year ago.

*Shares of Human Genome Sciences (HGSI) gained 16 percent last week to close Friday at $7.12 On Monday, an analyst confirmed his "hold" rating on the stock and put the six-month price target at $7.50.

*Millennium Bankshares (MBVA )of Reston was the week's biggest loser, with shares falling 16 percent to close at a 52-week low of $3.50. The bank, which has yet to report second-quarter earnings, said in its first-quarter earnings report in April that it was working to reduce its exposure to construction and land development loans and had sold all its subprime mortgages. The 52-week high of $8.72 was hit Aug. 8.

*Fannie Mae (FNM) and Freddie Mac (FRE) appeared on the list of top 10 one-week losers, with shares down 14 and 10 percent, respectively. Fannie shares are down 62 percent in the past three months and 81 percent in the past 52 weeks. Freddie shares have fallen 70 percent and 86 percent in that period.



*Corporate Executive Board (EXBD) said Wednesday after the market closed that second-quarter profit fell 4.2 percent and kept its guidance steady. On Thursday, shares of the Arlington company hit their 52-week low of $34.70. Contract value growth in the quarter was 4.8 percent, down from the 18.3 percent the company reported for the same quarter a year earlier.

*Shares of Capital One Financial (COF), which reported second-quarter earnings July 17, fell 8 percent last week, closing Friday at $39.27. They hit their 52-week low of $30.82 on July 15.

By Terri Rupar  |  July 28, 2008; 12:00 PM ET  | Category:  Wall Street
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