Stock Drop On Mixed Earnings; Caterpillar Sinks
In commodities, the price of gold fell $8.60, or 0.6 percent, to $1,334 an ounce.
Among other stocks making big moves:
â¿¿ Corning surged $2.17, or 14.1 percent, to $17.52 after the company announced a deal with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately.
â¿¿ Safeway rose $2.68, or 8.1 percent, to $35.58 after a report from Reuters late yesterday that "a handful" of buyout firms, including Cerberus Capital Management, are exploring a deal for all, or part, of the supermarket chain.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts