$0.97
10.6%
Shares of Chicago-based UAL Corp. jumped to $10.11. The parent of United Airlines benefited from optimism that further cuts in capacity will reduce costs. Other airline stocks also rose.
-$2.39
7.9%
Ciena Corp. shares had the biggest percentage drop in the Standard & Poor’s 500, sliding to $28.07. The network equipment-maker predicted narrower profit margins and annual revenue below some analyst estimates.
$6.39
8.9%
Shares of Brown-Forman Corp. had their biggest percentage gain in five years, climbing to $78.47. The maker of Jack Daniel’s whiskey said overseas sales helped it post earnings that topped Wall Street expectations.
-$1.05
11.9%
Del Monte Foods Co. shares sank to $7.78, their lowest level since late February. Increased costs prompted the maker of StarKist tuna to forecast fiscal 2009 profit from continuing operations below analyst projections.
$6.40
8.6%
Shares of Nucor Corp. had their biggest percentage gain since October 2006, advancing to $80.54. The steelmaker, helped by rising demand and record prices, raised its second-quarter profit forecast. U.S. Steel Corp. shares gained 5.7 percent, to $183.15.
$1.62
14.4%
Collective Brands Inc. shares soared to $12.89. The owner of the Payless ShoeSource and Stride Rite chains reported quarterly profit above Wall Street expectations.
