$2.48
6.1%
Navteq Corp. stock climbed to $42.83. A William Blair & Co. analyst said private-equity firms might be interested in acquiring Chicago-based Navteq, the world’s biggest maker of maps used in car navigation systems.
$11.01
14.3%
A.G. Edwards Inc. stock jumped to $88.16. Wachovia Corp. agreed to buy the St. Louis-based brokerage firm for about $6.8 billion in cash and stock.
$1.62
6.3%
Shares of Chico’s FAS Inc. gained to $27.24. The clothing retailer said it earned 28 cents a share in the first quarter. Analysts expected 26 cents a share.
$5.04
17.2%
Ciena Corp. stock surged to $34.32. The maker of computer-networking equipment said it earned 26 cents a share in the second quarter, excluding some items. That beat estimates by 1 cent a share.
$2.77
8.9%
Shares of Jo-Ann Stores Inc. increased to $33.82. The nation’s largest fabric retailer is seeking final takeover bids in June, and offers could approach $1 billion, said TheDeal.com, citing three sources it didn’t name.
-$1.46
8.8%
Shares of VeraSun Energy Corp. slid to $15.19. The nation’s third-largest ethanol producer was downgraded to “sell” from “neutral” at Banc of America Securities LLC.
