-$1.02
10.6%
AMR Corp. stock fell to $8.61. The parent of American Airlines fell after crude oil rose by more than $4 a barrel in New York, signaling increased costs. United Airlines’ parent UAL Corp. slid $2.14, or 8.9 percent, to $21.99. Continental Airlines Inc. retreated $1.88, or 8.9 percent, to $19.29.
-$0.44
3.8%
Shares of Corus Bankshares Inc. slid to $11.20. The Chicago-based bank specializing in condominium construction faces difficulties in coming months, The Wall Street Journal said, because 83 percent of the bank’s loans were in cities such as Miami, Las Vegas and Atlanta, which now face housing gluts.
-$1.37
5.8%
Citigroup Inc. stock sagged to $22.05. Financial shares dropped after an Oppenheimer & Co. analyst slashed earnings estimates for large U.S. banks, cutting her first quarter, 2008 and 2009 projections for the group by an average of 84 percent. Wachovia Corp. lost $2.02, or 6.7 percent, to $28.02.
$6.81
6%
Apache Corp. stock climbed to $119.75. The shares posted the biggest gain in the Standard & Poor’s 500 index after the oil and natural-gas producer was boosted to “outperform” from “market perform” by an analyst Sanford C. Bernstein & Co.
$7.25
39%
Rambus Inc. stock surged to $25.86. The designer of chips for Sony Corp.’s PlayStation video-game console won the final phase of its patent suit against Hynix Semiconductor Inc., the first step toward collecting royalties from other manufacturers.
