$2.54
12.6%
Shares of Advanced Micro Devices Inc. increased to $22.71. The second-largest maker of personal-computer processors said shipments will rise about 20 percent in 2007. Company Chief Financial Officer Robert Rivet said in a presentation that the company expects its profitability to increase.
$1.13
2.51%
Baxter International Inc. stock jumped to $46.14. The Deerfield-based medical products company said it received conditional approval from the Food and Drug Administration for a plan to correct problems with its Colleague infusion pump.
$0.83
2%
Honeywell International Inc. shares rose to $42.69. The company’s earnings may beat analysts’ estimates next year due to better sales of jet parts and security products.
$3.55
15.3%
Shares of LodgeNet Entertainment Corp. jumped to $26.75. The company, which provides movies, video games and Internet access to travelers in hotels, agreed to buy Liberty Media Corp.’s On Command Corp., a provider of interactive television systems. The cash and stock deal was valued at $380 million.
– $2.15
3.3%
United Technologies Corp. shares fell to $62.06. Chief Executive Officer George David told investors that combined fourth-quarter profit from the company’s Carrier air-conditioner and Sikorsky helicopter units will be $100 million less than previously expected.
