-$1.31
4.9%
Intel Corp. stock sank to $25.35. Intel and other semiconductor-makers fell after Bank of America Corp. cut its recommendation on the sector, citing limited prospects for profit growth. National Semiconductor Corp. slid $1.23, or 5.4 percent, to $21.41.
$3.56
7.3%
Shares of Newmont Mining Corp. climbed to $52.39. Metal producers rallied as gold hit a record while prices of copper and silver also advanced. Barrick Gold Corp. jumped $3.97, or 9.4 percent, to $46.02.
-$4.05
12%
Shares of BJ’s Wholesale Club Inc. slumped to $29.78. The nation’s third-largest warehouse retailer was downgraded to “neutral” from “overweight” by an analyst at JPMorgan Chase & Co.
-$1.16
5.7%
Starbucks Corp. stock slid to $19.31. The firm was lowered to “peer perform” from “outperform” at Bear Stearns & Co. on concerns that customers are buying cheaper coffee elsewhere.
-$1.66
9.7%
Shares of YRC Worldwide Inc. declined to $15.43. The nation’s biggest trucking company said it plans a write-down of $650 million to $750 million in the fourth quarter to reflect declines in the value of two acquisitions.
-$1.67
7%
Shares of Cheesecake Factory Inc. dropped to $22.04. The operator of namesake casual-dining restaurants was cut to “hold” from “buy” by Wedbush Morgan Securities.
