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J.C. Penney was one of the few companies making news. Shares fell 6 percent as the company's board bickered with its largest shareholder, hedge fund manager Bill Ackman, over how quickly the company should replace its interim CEO. The stock lost 79 cents to $12.87. The government reported that sales for U.S. wholesalers increased -- but wholesalers also cut their stockpiles for a third straight month, an indication that they're uncertain about future demand. Among stocks making big moves: BlackBerry jumped after Reuters reported that the company may be growing more amenable to going private. The stock rose 53 cents, or 6 percent, to $9.76. Priceline.com was up and came close to being the first S&P 500 company to cross $1,000. Shares of the travel website rose $36.14, or 4 percent, to $969.89, a day after the company announced earnings that were better than Wall Street analysts expected. Noodles & Co. plummeted after the restaurant chain predicted that sales growth at established restaurants will slow down. The stock lost fell $4.96, or 11 percent, to $42.31.
[Associated
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