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Activision sinks on insider selling
The video game publisher fell 14.5% to 20.41 on its highest volume in more than 2 years after its CEO, CFO, president and others filed to sell more than 7 mil of their shares to Citigroup in a block transaction. Broker Credit Suisse First Boston said it was the 1st major share sale of senior execs in about 2 years. Shares lost 24% in the month after Activision's last significant secondary offering, said the broker. Activision had risen more than 50% since Dec. and earlier this week beat views by 7 cents a share.
Sara Lee plans sales, spinoff
The consumer products firm will …