-$2.31
18.7%
Motorola Inc. stock tumbled to $10.01. The shares fell the most since October 2002 after the Schaumburg-based company forecast an unexpected loss and said profit fell 84 percent last quarter.
-$9.64
16.2%
Shares of CNH Global NV slid to $50. The stock declined the most since February 2003 after the agricultural products-maker, whose North American operations are based in Burr Ridge, forecast earnings of $3.30 to $3.60 a share this year. Analysts are expecting $3.60 a share.
$4.86
11.9%
Shares of JPMorgan Chase & Co. climbed to $45.72. Financial stocks rallied when Bear Stearns Cos. recommended that investors buy shares of large banks after the Federal Reserve on Tuesday cut interest rates by the most in more than 23 years. Citigroup Inc. added $1.96, or 8 percent, to $26.36.
-$16.57
10.6%
Shares of Ambac Financial Group Inc. surged to $13.70. The stock of the bond insurer jumped the most in its 16-year trading history after New York State’s insurance regulators met with U.S. banks to discuss raising new capital for the industry, said a department spokesman. MBIA Inc. soared $4.08, or 32.6 percent, to $16.61.
$5.73
71.9%
Apple Inc. stock declined to $139.07. The shares fell the most since July 2002 after the company’s forecast missed analysts’ estimates, stoking concern that consumers will cut back purchases of Macintosh computers and iPod media players.
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