A jump in Japanese government bond yields weighed down shares of Mitsubishi UFJ Financial Group Inc. (NYSE: MTU) 43 cents to close at $6.32.
The Wall Street Journal reported that Fidelity National Financial Inc. (NYSE: FNF) and Thomas H. Lee Partners were close to finalizing a deal to acquire Lender Processing Services Inc. (NYSE: LPS). Shares of Lender Processing Services leaped $3.77 to close at $32.88 while Fidelity Financial stock climbed $1.38 to close at $25.75.
Halcon Resources Corp. (NYSE: HK) updated investors on its operations in the Utica/Point Pleasant play. The stock price lost 54 cents to close at $5.52.
Cirrus Logic Inc. (Nasdaq: CRUS) warned that profit margins would fall over the long term sending the stock price plummeting $3.89 to $18.18.
Shares of Ply Gem Holdings Inc. (NYSE: PGEM) soared $2.97 to $23.97 on its first trading day.
Hewlett-Packard Co. (NYSE: HPQ) reported lower second quarter earnings of 55 cents per share compared with 80 cents per share in the year ago period but the results were better than expected and the company forecast current quarter earnings ahead of estimates. The stock price soared $2.89 to $24.12.
Citigroup analyst Andrew S. Baum upgraded Bristol-Myers Squibb Co. (NYSE: BMY) to a Buy rating saying that the biopharmaceutical's cancer drug Nivolumab may be approved in early 2014 sending the stock price soaring $2.34 to close at $46.40.
Saks Inc. (NYSE: SKS) retained the services of Goldman Sachs to explore strategic alternatives including a possible sale. The stock price soared $1.83 to close at $15.50.
Concerns that the European Union will impose stiff tariffs on Chinese solar imports weighed down shares of JA Solar Holdings Co. Ltd. (Nasdaq: JASO) $1.31 to close at $8.17, LDK Solar Co. Ltd. (NYSE: LDK) 38 cents to close at $1.66, Suntech Power Holdings (NYSE: STP) 26 cents to close at $1.02, Trina Solar Ltd. (NYSE: TSL) $1.07 to close at $6.11 and Yingli Green Energy Holding Co. Ltd. (NYSE: YGE) 53 cents to close at $3.02.
Cleantech Solutions International Inc. (Nasdaq: CLNT) received certification to supply components to China Petroleum and Chemical Corporation and China National Petroleum Corporation. The stock price more than doubled by soaring $5.17 to $8.91.
