NEW YORK— A look at the 10 biggest volume gainers on New York Stock Exchange at the close of trading:. American Strategic Income Portfolio: Approximately 43,000 shares changed hands, a 357.9 percent increase over its 65- day average volume. The shares fell$. 07 or. 7 percent to $10.25.
Aug 26- Ann Inc has hired JPMorgan Chase& Co to explore strategic alternatives, including a potential sale of the women's retailer, according to people familiar with the matter.
NEW YORK— A look at the 10 biggest percentage gainers on New York Stock Exchange at the close of trading:. China Cord Blood rose 19.5 percent to $5.70. Burger King Worldwide Inc. rose 19.5 percent to $32.40.
NEW YORK— Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:. Burger King Worldwide Inc., up $5.29 to $32.40. GrubHub Inc., down $3.60 to $39.16.
*Engine Capital says Ann could fetch as much as $2.52 bln. Engine Capital LP, which along with Red Alder LLC controls "in excess of 1 percent" of Ann's stock, said in a joint letter to the company that Ann would be worth $50- $55 per share to a private equity firm or even more to a "strategic buyer".
Engine Capital LP and its partner Red Alder LLC sent a letter Monday to the New York company urging the board to consider a sale, among other options. Engine Capital believes the company, which also owns Loft stores, is an "an incredibly suitable candidate" for private equity, particularly given the advantageous financial conditions right now.
Aug 25- An activist investor urged women's apparel retailer Ann Inc to sell itself, saying it could fetch as much as $2.52 billion, failing which each of the company's board members should buy back stock as a "sign of confidence".
*Roche to buy InterMune for $8.3 billion. *U.S. investors took cues from Europe, where an index of major shares rose 0.7 percent after European Central Bank President Mario Draghi said Friday the ECB was prepared to respond with available tools if inflation dropped further.
Aug 25- Activist Investor Engine Capital LP wants women's apparel retailer Ann Inc to sell itself, which it believes could fetch around $2.5 billion, the Wall Street Journal reported, citing people familiar with the matter.
NEW YORK— A look at the 10 biggest percentage decliners on New York Stock Exchange at the close of trading:. Och-Ziff Capital fell 6.7 percent to $11.99. Great Northern Iron Ore Properties fell 5.8 percent to $22.28.
NEW YORK— Ann Inc. on Friday reported earnings of $32.7 million in its fiscal second quarter. On a per-share basis, the New York- based company said it had profit of 70 cents. The average estimate of analysts surveyed by Zacks Investment Research was also for earnings of 70 cents per share.
As traders await Yellen's speech on Friday, some are wondering if she will sound more like the Fed's hawks or her normal dovish self.
Some of Thursday's midday movers:
With everyone distracted by Ukraine and Russia, Europe is becoming an increasing risk for markets.
Some of Friday's midday movers:
For the second year in a row, selling in May hasn't panned out the way people thought it would.
Traders blame the rise in Treasury buying on everything, from short covering and China buying to a flight to safety amid world economic jitters.
Just because next week is a short week, doesn’t mean Jim Cramer intends to rest. Quite the opposite.
As discounting shows little sign of abating, it's the stores with on-trend merchandise that will emerge as the season's winners.
Some of Monday's midday movers: