And Qwest's shares first retreated about 25 percent after the company made its hostile offer, but they have recovered somewhat since.

In after-hours trading, shares jumped to as much as $70.34 but soon retreated.

For a second day, shares of auto companies retreated on concern that dwindling consumer confidence in the economy would cause sales to slump.

U.S. Trust's shares retreated $1 yesterday to close at $64.125 in Nasdaq trading.

The shares retreated later in the afternoon as the stock market fell, and they closed down 12.5 cents, at $53.375.

The shares of both companies retreated yesterday, a day after the two confirmed that they were considering a merger.

Yesterday, shares of the company retreated $1, to $39.25.

But then academic researchers heaped doubt on the company's announcement, and the shares retreated.

As a verdict nears, however, he said the company's shares could retreat $10 or $15 a share, based on worries about the outcome.

Alipe shares "We retreated to Cebu City for 2 months just to focus on writing.