$2.74
7.2%
Shares of General Growth Properties Inc. jumped to $41. The Chicago-based owner of malls said it plans to raise about $821.9 million selling stock to help pay debt. The company’s credit rating was cut to junk this month by Standard & Poor’s.
$10.28
9.9%
Monsanto Co. stock climbed to $114.54. The shares rose the most since January 2001 after the world’s biggest seed producer raised its forecast for full-year earnings to $3.15 to $3.25 a share, from an earlier prediction of as much as $2.80 a share.
$1.21
4.4%
Yahoo Inc. stock advanced to $28.73. The company’s shares were raised to “buy” from “hold” at Citigroup Inc. on prospects of a higher takeover bid from Microsoft Corp.
-$1.30
2.4%
Shares of Capital One Financial Corp. slid to $53.05. The credit card issuer declined for the first time in three days after it was downgraded to “underperform” from “market perform” by an analyst at Friedman, Billings, Ramsey & Co.
-$0.08
3.9%
Shares of Force Protection Inc. dropped to $1.95. The maker of blast-resistant vehicles, which has twice delayed its 2007 financial report, said its shares might be removed from the Nasdaq stock market because of the late filing.
-$4.29
4.5%
Public Storage stock slumped to $90.21. The real estate investment trust that focuses on mini-warehouses and self-service facilities was reduced to “neutral” from “buy” by an analyst at Banc of America.
