Thank you for the news of stock, NEW. It dropped 28% today with heavy trading and hits 52 weeks low. The div is 25.3% with P/E 3.21. This company was very very profitable during the “House Bubble” period. It specializes in REIT. Related stock, Toll Brothers drops 4.3%. Here is the link:
Europe’s biggest bank, HSBC blames $10B charge on bad U.S. loans and says charge for bad debts in 2006 balloons 20 percent over forecasts due U.S. mortgage woes. HSBC dropped 2.6% today. Here is the link:
