Smithfield Foods Inc. (NYSE:SFD) is down 6.62% today at $18.28. SFD has traded 3.6 million shares this morning, double its daily average. SFD shares are sliding today after fourth quarter profits fall on lower fresh pork margins. The company has a market cap of 2.96 billion.
AOL, Inc. (NYSE:AOL) is down 5.42% this morning at $25.63. AOL has traded 1.2 million shares so far today and trades 1.8 million shares a day on average. AOL shareholders opted to re elect the company’s 8 member board of directors defeating hedge fund Starboard Value’s attempt to unseat three of them. The company has a market cap of 2.39 billion. [Read more...]