-$2.62
4.9%
Shares of Best Buy Co. fell to $51.30 on Tuesday after the nation’s largest electronics retailer announced third-quarter profits that came in lower than analysts’ estimates. Best Buy said its profit for the quarter was 31 cents a share.
-2.54
5.6%
Continental Airlines Inc. shares fell to $42.88 after two analysts predicted a fourth-quarter loss mainly due to higher costs. Both analysts had predicted a fourth quarter in the black for the fourth-largest airline.
$3.50
15%
Imperial Sugar Co.’s stock jumped to $26.57 after the largest U.S. sugar processor said its fiscal fourth-quarter net income swung to a profit compared to a loss a year ago.
$1.93
3.3%
Bermuda-based insurer Ace Ltd. saw its shares increase to $60.64 after it said one of its most vulnerable units had set aside enough money to pay expected asbestos-related claims.
$2.15
4.3%
Bausch & Lomb Inc., whose shares have climbed steadily for the past several days, saw its stock jump to $52.15 a share. On Tuesday analysts downgraded a competitor because of manufacturing delays.
-$2.13
7.6%
Shares of Delta Petroleum Corp. fell to $25.80 after A.G. Edwards & Sons analyst Michael Scialla cut the oil and gas company to “hold” from buy based on possible negative test results from the company’s project in central Utah.
