-$1.52
4.7%
Shares of General Motors Corp. slid to $31.09. Billionaire Kirk Kerkorian cut his stake in the automaker to 7.4 percent from 9.9 percent, and has offered to buy an additional 5.3 percent of MGM Mirage. He is already its biggest shareholder. MGM Mirage stock jumped $5.21, or 10.6 percent, to $54.21.
$1.24
4.2%
Alcoa Inc. stock rose to $30.43. The world’s biggest aluminum-maker said late Tuesday that it will close metal plants and shed as many as 6,700 jobs, or 5 percent of its global workforce.
$2.95
10%
Shares of BJ’s Wholesale Club Inc. climbed to $32.48. The warehouse retailer said Chief Executive Mike Wedge quit. The “sudden” decision could fuel speculation about a leveraged buyout, a Banc of America Securities analyst said.
-$2.55
8.2%
Shares of Coldwater Creek Inc. fell to $28.40. The retailer of women’s clothing said third-quarter net income was $15.9 million. Analysts were expecting $16.4 million.
$5.17
14.6%
Shares of J. Crew Group Inc. jumped to $40.52. The clothing retailer said it expects to earn 95 cents to 97 cents a share this year, up from its earlier prediction of as much as 88 cents a share.
$3.98
14.1%
Shares of Payless ShoeSource Inc. surged to $32.29. The footwear retailer was raised to “positive” from “neutral” at Susquehanna Financial Group.
