-$3.76
5%
Shares of Lehman Brothers Holdings Inc. sank to $71.10. The nation’s largest underwriter of bonds and other securities declined after Standard and Poor’s said it might cut ratings on $12 billion of bonds backed by subprime mortgages.
-$17.20
10%
Sears Holdings Corp. stock tumbled to $154.21. The Hoffman Estates-based retailer warned that its second-quarter earnings will likely fall well below estimates because of disappointing sales.
-$3.97
5.4%
Shares of Abercrombie & Fitch Co. dropped to $69.07. The clothing retailer for teens was rated “underweight” in new coverage at Morgan Stanley. An analyst said the company faces rising clothing import costs.
$0.64
12%
Shares of Gemstar-TV Guide International Inc. rose to $5.98. The biggest supplier of television programming guides said it is exploring options that include a sale of the company.
$4.52
15.8%
Greenbrier Cos. stock jumped to $33.15. The maker of railroad equipment boosted net income 22 percent in the third quarter as it produced more conventional railcars that fetch higher sales prices.
-$4.06
7.6%
Shares of International Speedway Corp. declined to $49.15. The nation’s biggest auto racetrack operator said net income plunged 40 percent in the second quarter as television income dropped.
