-$2.51
6.4%
UAL Corp. stock slid to $36.48. United Airlines’ parent company and other carriers fell after Morgan Stanley downgraded the industry to “cautious” from “attractive” because of higher fuel prices and the slowing economy. Delta Air Lines Inc. shares declined $1.29, or 7.6 percent, to $15.74.
$2.01
2.4%
3M Co. stock advanced to $86.66. The maker of 50,000 products from Post-it Notes to electronic road signs forecast 2008 profit above analysts’ estimates on higher international sales.
$2.25
5.7%
AT&T Inc. stock gained to $41.71. The shares posted the biggest gain in the Dow Jones industrial average after a Lehman Brothers Holdings Inc. analyst boosted his share-price forecast by 8 percent, to $54.
-$1.76
5.3%
Citigroup Inc. stock sank to $31.47. The shares had the biggest drop in the Dow after analysts at Morgan Stanley and CIBC World Markets Inc. said the bank could be forced to cut its dividend and its shares have further to fall.
$6.51
5.5%
Cummins Inc. stock surged to $124.70. The maker of heavy-duty truck engines said its board declared a 2-for-1 split of common stock, the second split this year, and authorized the repurchase $500 million in shares.
-$1.95
11.5%
Shares of Office Depot Inc. dropped to $15.04. The office-supplies retailer said it expects “continued erosion” of sales and earnings in the fourth quarter because of declining demand from business customers.
