A graphic look at selected stock activity for the week ended Nov. 5, 2010 n Edited by Bill Alpert and Jackie Levin
Bank of New York Mellon /zigman2/quotes/200171276/composite BK +0.49%
News reports suggested that the Federal Reserve will soon allow healthy banks to raise their dividends, another sign of financial recovery.
SPDR S&P 500 ETF Trust /zigman2/quotes/209901640/composite SPY +0.81%
A big week for stocks: Republicans won control of the House, the Federal Reserve pledged to buy $600 billion of bonds and nonfarm payrolls jumped.
The maker of wireless networks said that it would cut 15% of its workforce to try to offset losses that could threaten the viability of its business.
Tisch family property CNA Financial offered to buy the 38% of this bond insurer it doesn't already own, for $375 million, or $22 per share, in cash.
Universal Electronics /zigman2/quotes/206661370/composite UEIC -0.92%
The big maker of remote-control devices said it had agreed to buy Enson Assets, a leading maker and designer of remotes in China, for $110 million.
Retail profit margins rose by 2.5% at the seller of hunting, fishing and camping equipment. It expects double-digit earnings growth in 2011.
S&P GSCI Commodity-Indexed Trust /zigman2/quotes/204499413/composite GSG +0.34%
Encouraged by many of the same forces that drove stocks—Fed bond-buying, Republican gains and stronger employment—investors bought commodities.
The oil-and-gas outfit's chairman offered to buy the company for $4.4. billion, or $20.50 per share, in conjunction with private-equity firms and T. Boone Pickens.
Echo Global Logistics /zigman2/quotes/208299750/composite ECHO -0.81%
Demand for the company's freight-logistics services are expected to soften in the December quarter, after September quarter sales grew 62%.
Lumber Liquidators Holdings /zigman2/quotes/202539569/composite LL +1.06%
Earnings fell 45% on a 6% drop in same-store sales. The flooring retailer blamed interruptions caused by the installation of a new software system.
Profits doubled and retail sell-through rose 6% for the children's electronic gear sold by the company, which expects to earn 20 cents to 30 cents a share this year.
Taseko Mines /zigman2/quotes/208408152/composite TGB -0.09%
Canada's federal government refused to allow the company to proceed with development of its British Columbia gold-and-copper mine.