$1.48
6.3%
Shares of Advanced Micro Devices Inc. climbed to $24.88. The world’s second-biggest maker of personal computer processors was raised to “outperform” from “peer perform” at Bear Stearns & Co.
$2.56
15.3%
Mills Corp. stock surged to $19.28. The shopping mall developer said Colony Capital Acquisitions LLC intends to provide construction financing and invest as much as $500 million in its Meadowlands Xanadu project.
$1.45
7.9%
Shares of Pacific Ethanol Inc. increased to $19.70. The ethanol producer’s stock rose for the third straight day after it said second-quarter sales more than doubled from a year earlier, to $46.5 million.
$2.98
5.2%
Weyerhaeuser Co. stock rose to $60.03. The world’s biggest lumber company might be vulnerable to an unsolicited takeover bid, according to analysts at Deutsche Bank AG.
$2.28
20.3%
Shares of XM Satellite Radio Holdings Inc. advanced to $13.52. The largest pay-radio provider was upgraded to “outperform” from “underperform” at Bear Stearns & Co.
-$3.58
4.2%
Shares of Harman International Industries Inc. sank to $81.05. The maker of audio equipment said Chief Executive Douglas Pertz is resigning, effective immediately, without giving a reason.
