Monday, September 12, 2011

Schlumberger (SLB) (PBR) (KR) (MCD) (SCHN) (BG) Pressured Down Friday

Schlumberger (NYSE:SLB), Petroleo Brasileiro SA (NYSE:PBR), Kroger (NYSE:KR), McDonald’s (NYSE:MCD), Schnitzer Steel (NASDAQ:SCHN) and Bunge Limited (BG) get hit hard Friday.

Schlumberger (NYSE:SLB) got crunched Friday. The company closed at $71.80, falling $3.67, or 4.86 percent.

Petroleo Brasileiro SA (PBR) got hammered Friday, closing at $26.54, down $1.25, or 4.50 percent.

Kroger (KR) were pummeled on Friday, closing at $22.02, declining $1.33, or 5.70 percent. Volume was over double the 3-month average.

McDonald’s (MCD) was beaten down Friday on a poor performance in August. They closed at $85.03, plummeting $3.58, or 4.04 percent.

Schnitzer Steel plunged on Friday, closing at $40.50, down $1.83, or 4.32 percent.

Bunge Limited also closed down Friday, rebounding from mid-day, to close at $62.52, ending the session down $1.26, or 1.98 percent.

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