$1.59
5%
McDonald’s Corp. stock rose to $33.56. The Oak Brook-based company’s same-store sales will increase, said a Merrill Lynch & Co. analyst, who upgraded the shares to “buy” from “neutral.”
-$4.63
10.8%
Shares of Aventine Renewable Energy Holdings Inc. sank to $38.37 on their first day of trading after the Pekin, Ill.-based ethanol producer raised $389.5 million in an initial public offering.
$2.42
9%
Shares of Freescale Semiconductor Inc. advanced to $29.41. The chipmaker spun off in 2004 by Motorola Inc. said it expanded its Romanian operations to focus on developing new wireless and fixed-line communication technologies.
$4.26
11.7%
Manitowoc Co. stock climbed to $40.53. The Wisconsin-based maker of equipment for the construction industry said 2006 profit will be as much as $2.60 a share, up from its previous forecast of as much as $2.25 a share.
$5.12
10.2%
Shares of Freeport-McMoRan Copper & Gold Inc. increased to $55.26. The operator of the world’s largest gold mine was upgraded to “buy” from “hold” by a Standard & Poor’s analyst.
$6.71
8.8%
Monsanto Corp. stock rose to $83.35. The world’s biggest developer of genetically modified seed said third-quarter profit jumped sevenfold, to $334 million. It beat estimates by 1 cent a share.
