News Column

Story stocks

June 2, 2014



Broadcom

Price:$34.84

Chg:+$2.97

% chg: +9.3%

Day's high/low:

$35.93/$34.13

The chipmaker said it would look into selling its baseband wireless business. To that end, Broadcom said it hired investment bank J.P. Morgan to advise it on its strategic alternatives.

Krispy Kreme Doughnuts

The stock rallied ahead of an earnings call after the close. But on that call, the doughnut maker lowered its full-year guidance.

Bebe Stores

The stock tumbled on news its CEO Steve Birkhold sold almost 141,000 shares of the clothing retailer for $4.07 a share. The secretary, senior vice president and general counsel also sold shares.





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Source: USA Today


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