Clear Channel, Ford Big Market Movers

NYSE

Clear Channel Communications Inc., down $5.24 at $27.32

Private equity firms leading its $19.5 billion buyout are having trouble reaching terms with the banks committed to financing the deal, a report said.

Ford Motor Co., down 4 cents at $5.96

India's Tata Motors is buying its Jaguar and Land Rover brands for $1.7 billion, about a third of the price the automaker originally paid for the two luxury brands.

Motorola Inc., up 14 cents at $9.90

Amid pressure from billionaire investor Carl Icahn, the cell phone maker will split its handset business from other operations and form two separate publicly traded companies.

Deutsche Bank AG, down $2.12 at $113.48

Germany's largest bank warned that write-downs may be forthcoming, given difficult market conditions caused by the mortgage crisis that began last summer.

Jabil Circuit Inc., down $1.88 at $9.50

A slowdown in the U.S. economy caused the electronic parts manufacturer to forecast fiscal third-quarter profit below expectations.

NASDAQ

Take-Two Interactive Software Inc., down 13 cents at $25.69

The "Grand Theft Auto" publisher told shareholders to reject rival video game company Electronic Arts's $2 billion buyout bid because the price wasn't high enough.

Clearwire Corp., up 88 cents at $14.27

Comcast Corp. and Time Warner Cable Inc. are in talks to fund a new wireless Internet venture that will be run by Sprint Nextel and the wireless Internet provider, according to a report.

Charlotte Russe Holding Inc., down $2.57 at $17.53

The women's clothing and accessories retailer forecast fiscal third-quarter profit below expectations because of poor same-store sales.