$3.47
8.9%
Shares of UAL Corp. slid to $35.50. The parent company of United Airlines said its first-quarter loss widened as fuel costs more than offset higher ticket prices and more passengers.
$1.82
6.5%
Tribune Co. stock gained to $29.84. Shares of several broadcasting companies moved higher after Emmis Communications Corp. received a buyout bid Monday. Gannett Co. shares increased 2.9 percent.
-$1.07
3.3%
Shares of eBay Inc. fell for the second straight session, to $31.32, after Chief Executive Meg Whitman last week left unchanged the company’s 2006 revenue forecast, which would be below Wall Street estimates.
$2.82
21%
Shares of Emmis Communications Corp. surged to $16.25. Chairman and Chief Executive Jeffrey Smulyan offered to buy the broadcaster, which has radio stations in New York, Chicago and Los Angeles, for $567 million, or $15.25 a share. Smulyan is the company’s controlling shareholder.
$4.39
6.2%
Golden West Financial Corp. stock climbed to $74.90. Wachovia Corp. agreed to buy the nation’s second-largest savings and loan, accelerating its expansion in California’s fast-growing market. Wachovia fell $3.97, or 6.7 percent, to $55.42.
