Delta Financial To File For Bankruptcy

After Delta Financial Corp. (Nasdaq: DFC) failed to sell $500 million in mortgages, the mortgage lender announced plans to file for bankruptcy. The stock price plummeted $1.40 to 30 cents.

An analyst downgraded Zumiez (Nasdaq: ZUMZ) after the sports apparel retailer reported disappointing November same store sales that fell short of expectations.

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