07.10.2008 - Titanium Metals falls sharply amid market swoon
From Forbes: Shares of Titanium Metals Corp. lost fell Monday amid fears that government bailout efforts may fail to halt a global economic slowdown. Titanium shares fell $2.15, or about 24 percent, to $6.99 before regaining some of the losses to end down 50 cents, or 5.5 percent, to $8.64. The last time the Dallas-based company's stock, which is a component of the Standard & Poor's 500 index, was $6.99 was in July of 2005. Titanium Metals' customers include aerospace companies like Boeing Co. The slide was part of a larger collapse in stocks, with the Dow Jones industrial average closing below 10,000 for the first time in four years, as investors worried about the credit crisis weighing on financial markets..... Full Article: Source
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