News Column

Story stocks

June 9, 2014



Family Dollar

Price:$68.62

Chg:+$8.09

% chg: +13.4%

Day's high/low:

$70.26/$68.20

Shares of the discount retailer jumped after shareholder activist Carl Icahn disclosed taking a nearly 10% stake in the company. Investors hope Icahn will push for change to boost the stock price.

Tyson Foods

The meat-processing company saw its shares slide after an agreement to buy Hillshire Brands following a bidding war. Tyson is paying $63 a share for the company that makes Jimmy Dean sausages.

Apple

The maker of electronic gadgets rose 1.6% after putting through a 7-for-1 stock split. The split is designed to make the price more appealing.





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Source: USA Today


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