The Top Ten Stocks for Wednesday, June 11

Your next video will start in

Recommended Videos

  • Info

  • Comments


June 11 (Bloomberg) -- Bloomberg's Betty Liu, Julie Hyman, and Scarlet Fu report on today's ten most important stocks on Bloomberg Television's "In The Loop."

Thank you.

Let's count down to the open with the top 10. let's start with number 10, cbs, who says they fully will divest the stake in the billboard advertising company cbs outdoor america, the final step in the spinoff of cbs outdoors which began trading as a standalone company in march.

Number nine is toyota, recalling vehicles in japan because of possible airbag issues.

Toyota has recalled more than 2 million vehicles for the same reason last year.

They were all manufactured by japan's toccata.

Number eight is google, paying for a startup that provides real-time satellite imagery.

The cash deal comes as google looks to bolster mapping services.

Number seven, family dollar -- shares surged 12% after they attract the attention of another activist investor, carl icahn.

Nelson tells's fund is one of the biggest donors.

Number six, h&r block, the biggest u.s. tax preparer, says fiscal profit rose 36%. h&r block agreed to sell its banking unit in april to exit federal reserve oversight and focus on tax preparation.

Number five is bowing, who could benefit from news that airbus had a deal scrapped with emirates.

Shares are falling after getting downgraded by rbc capital.

The provider of touchscreen technology buying exclusive supplier of display chips for the iphone.

They will pay $475 million to the japanese chipmaker.

Speaking of chips, ibm at number three is nearing a deal for its chip manufacturing business.

Ibm, which has been unloading less profitable businesses has been searching for a buyer for the unit since last year.

Number two, altra salon reporting first quarter results that topped estimates.

They said earnings rose nine percent from one year ago.

And number one, aig.

The insurer named peter hancock as its new ceo, succeeding bob benmosche, who stabilize the insurance company and pay back eight 2008 government bailout.

Hancock will take over on september 1. now to the call on the markets.

I want to bring in the head of equities at usaa investment.

His call is that now is the time to get aggressive with banks and life insurance companies, including, john, like aig?

This text has been automatically generated. It may not be 100% accurate.


BTV Channel Finder


ZIP is required for U.S. locations

Bloomberg Television in   change