$0.57
9.6%
Shares of Chicago-based Smurfit-Stone Container Corp. jumped to $6.50. Investors speculated that container board prices are poised to increase; stock of Lake Forest-based Packaging Corporation of America rose $1.27, or 5.1 percent, to $26.31.
-$2.09
5%
Archer Daniels Midland Co. stock had its biggest percentage decline in four months, dropping to $39.86. The Decatur-based grain processor said it intends to sell as much as $2 billion in equity units to repay debt and invest in “long-term opportunities.”
$1.39
8.1%
Shares of American Eagle Outfitters Inc. had their biggest percentage gain since Jan. 22, advancing to $18.61. The clothing retailer forecast fiscal second-quarter profit that exceeds several analyst estimates.
-$1.71
4.7%
American International Group Inc. shares hit their lowest level since November 1997, sliding to $34.91. A Citigroup analyst projected the insurer would need to raise more capital.
$0.39
8.5%
Shares of Countrywide Financial Corp. rose to $4.98. The mortgage lender agreed to settle three shareholder lawsuits challenging its sale to Bank of America Corp.
-$0.45
7.2%
Borders Group Inc. stock fell to $5.80. The bookseller said its fiscal first-quarter loss narrowed less than many analysts had anticipated.
