• Shares of General Electric Company (GE) dropped 1.7% after the company decided to sell its U.S., Mexico, Australia and New Zealand fleet businesses for a deal valued at $6.9 billion
• Shares of TEGNA Inc. (TGNA) soared 5.1% after the media company completed the spin off its publishing business
• GigOptix, Inc.’s (GIG) shares gained 0.6% after the semiconductor company increased its second quarter revenue guidance from $9.3-$9.5 million to $9.8 million
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