Business briefs
Bunny money
Annie’s, the maker of organic and natural foods such as bunny-shaped crackers, surged 89 percent to $35.92 in its trading debut after raising $95 million in an IPO that priced the shares above the range.
Loeb lash
Yahoo! investor Daniel Loeb, CEO of New York investment firm Third Point, lashed out at the Internet company for spurning him as a board director, saying it was operating in an “illogical Alice-in-Wonderland world.”
Aviso!
Spain may be pushed into an international financial bailout if it fails to come to grips with its runaway budget deficit and banking crisis, said Citigroup Chief Economist Willem Buiter.
RIM hopes
Research In Motion, having missed estimates for four straight quarters, is seeking to avoid another disappointment today as investors look for signs that its new chief’s turnaround plan is starting to take hold.
Bank shot
Jos. A. Bank Clothiers, the men’s apparel maker, fell 8.6 percent to $49.82, after saying first-quarter sales are declining amid weaker customer traffic.