TOKYO, June 20- A proposal by Sony Corp's top investor to partially spin off the Japanese company's lucrative entertainment business will be the elephant in the room at an annual shareholders meeting on Thursday.
NEW YORK, June 19- Sprint Nextel Corp should consider raising its offer price for Clearwire Corp or risk being saddled with a contentious relationship with Dish Network Corp, controlled by feisty billionaire Charlie Ergen.
NEW YORK, June 19- New York lawmakers announced a deal on Wednesday to privatize utility operations on Long Island and revamp the Long Island Power Authority, a state-owned New York utility company that was criticized for its response during last year's Superstorm Sandy.
Hecla Mining Co. fell$. 09 or 2.8 percent, to $3.17. Pan American Silver Corp. fell$. 37 or 3.1 percent, to $11.48. Silver Standard Resources Inc. fell$. 23 or 3.3 percent, to $6.74.
AT&T Inc. fell$. 92 or 2.5 percent, to $35.25. Sprint Nextel fell$. 32 or 4.4 percent, to $7.00. Verizon Communications Inc. fell $1.50 or 2.9 percent, to $50.05.
American Electric Power Co. fell $1.11 or 2.4 percent, to $44.79. Consolidated Edison Inc. Holding Co. fell $1.67 or 2.8 percent, to $57.28. Dominion Resources Inc. fell $1.26 or 2.2 percent, to $55.74.
Brinker International Inc. fell$. 51 or 1.2 percent, to $40.54. Chipotle Mexican Grill Inc. fell $5.79 or 1.6 percent, to $366.87. Darden Restaurants Inc. fell$. 51 or 1.0 percent, to $52.62.
NEW YORK-- A look at the 10 biggest volume decliners on New York Stock Exchange at the close of trading:. The shares fell$. 08 or 1.1 percent to $7.50. The shares fell$. 08 or. 2 percent to $33.92.
NEW YORK-- A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. American Realty Investors Inc.: Approximately 77,000 shares changed hands, a 892.4 percent increase over its 65- day average volume. The shares rose$. 71 or 13.8 percent to $5.88.
Alliance Bancorp Inc.: Approximately 100 shares changed hands, a 95.1 decrease from its 65- day average volume. The shares fell$. 01 or. 1 percent to $13.59. American Independence Corp.: Approximately 200 shares changed hands, a 94.6 decrease from its 65- day average volume.
AV Homes Inc.: Approximately 267,800 shares changed hands, a 1,271.3 percent increase over its 65- day average volume. The shares rose $2.99 or 20.6 percent to $17.53. BGS Acquisition Corp.: Approximately 8,300 shares changed hands, a 1,787.7 percent increase over its 65- day average volume.
Autozone Inc. fell $4.58 or 1.1 percent, to $420.75. Bed Bath& Beyond Inc. fell $1.30 or 1.8 percent, to $70.69. Lowe's Cos. fell$. 43 or 1.0 percent, to $41.03.
Kelly Services Inc. class A fell$. 16 or. 9 percent, to $17.76. Korn/Ferry International Inc. fell$. 27 or 1.5 percent, to $17.77. ManpowerGroup fell$. 64 or 1.1 percent, to $56.18.
Kroger fell$. 39 or 1.1 percent, to $35.13. Safeway fell$. 38 or 1.6 percent, to $23.56. Supervalu fell$. 16 or 2.5 percent, to $6.33.
Costco Wholesale Corp. fell $1.90 or 1.7 percent, to $110.19. Target fell $1.28 or 1.8 percent, to $68.88. Wal-Mart Stores Inc. fell $1.27 or 1.7 percent, to $74.46.
eBay fell$. 34 or. 6 percent, to $52.23. Google rose$. 06 or percent, to $900.68. Groupon Inc. rose$. 05 or. 7 percent, to $7.73.
Apple Inc. fell $8.77 or 2.0 percent, to $423.00. Dell Inc. fell$. 07 or. 5 percent, to $13.41. Hewlett Packard Co. fell$. 01 or percent, to $25.43.
CVSCaremark fell$. 82 or 1.4 percent, to $59.09. Rite Aid fell$. 02 or. 6 percent, to $3.11. Walgreen fell$. 67 or 1.3 percent, to $50.23.
Barrick Gold Corp. fell$. 89 or 4.7 percent, to $18.01. Gold Fields Ltd ADS fell$. 25 or 4.2 percent, to $5.67. Newmont Mining Corp. fell$. 69 or 2.1 percent, to $31.90.
NEW YORK-- Shares of some top drug benefits companies were down at the close of trading:. CVSCaremark fell$. 82 or 1.4 percent, to $59.09. Express Scripts Holding Co. fell$. 59 or. 9 percent, to $62.35.
No reason has been given yet for the departure of founder and executive chairman George Zimmer, reports CNBC's Courtney Reagan. Zimmer has long been the face of the company.
Wednesday, 19 Jun 2013 | 10:52 AM ETCNBC's Rick Santelli, explains why he hears 'crickets" when he asks questions about Fed Chairman Bernanke's policies. "Enough is enough," he rants.
Wednesday, 19 Jun 2013 | 11:36 AM ETAre reporters lobbing "softball" questions at the Fed chairman? CNBC's Rick Santelli and the Wall Street Journal's Jon Hilsenrath, debate whether the economy continues to need quantitative easing. I'm trying to inform the public about what the Fed is up to, says Hilsenrath.