Unusual 11 Mid-Day Movers 10/10: XL, PSEC, WB, PMI Higher; TYG, MS, RT, CCO Lower

Active Equity option families at mid-day of Trading: MS WFC C BAC More News related to Special Reports Tortoise Energy Infrastructure (NYSE: TYG) 44.3% LOWER; in response to the recent declines in MLP values, the company provided an update regarding its leverage coverage ratios. As of Friday, October 3, the company passed all of the tests on that valuation date. TYG's asset coverage ratio under the 1940 Act with respect to senior securities representing indebtedness was 319%, and its coverage ratio for preferred shares was 251%. Its senior notes and preferred shares basic maintenance coverage ratios (1.00 times required) were 1.39 times and 1.35 times, respectively. Morgan Stanley (NYSE: MS) 40.3% LOWER; Moody's places on review for downgrade. Concerns about liquidity. Ruby Tuesday (NYSE: RT) 37% LOWER; after missing the... [read full story]