Stocks Touch 52-Week Low (AIB, FHN, PBCT, GMR)

Allied Irish Banks, plc. (ADR) (NYSE:AIB) has created a new 52-week low of $0.99 and now plunged 5.09% to $0.997. The bank today announced the appointment of Mr. David Hodgkinson as Director and Interim Executive Chairman. Mr. Hodgkinson will lead the Group through this difficult period and manage the process for the appointment of a Group Chief Executive. First Horizon National Corporation (NYSE:FHN) went up 1.23% to $9.90 and created a new 52-week low of $9.56. First Horizon National Corporation (the Corporation) is a bank holding company.  So far this year, the stock has plunged over 26.59%. People’s United Financial, Inc. (NASDAQ:PBCT) also went down over 0.85% to $12.29 and made a new 52-week low of $12.25. People's United Financial, Inc. (People's United Financial) is a savings and loan holding company. General Maritime Corporation (NYSE:GMR) made an all time low at $3.60. The stock is down 3.22% to $3.61 over 2.62 million shares. Late yesterday, it announced that the Company’s Board of Directors declared a Q3 2010 quarterly dividend of $0.01 per share payable on or about November 26, 2010 to shareholders of record as of November 12, 2010. Under the terms of the $22.8 million bridge loan, the quarterly cash dividend will limited to $0.01 per share per quarter during the period while the $22.8 million bridge loan is outstanding.
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