Alcoa, Delta, IMS Health, Macy's are big movers
APNews
Dec 11, 2009
The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE:
Alcoa Inc., up $1.11 to $14.61
A JPMorgan analyst boosted his profit estimates on the aluminum maker because he expects metal prices will rise next year.
Christopher and Banks Corp., up $1.62 to $7.64
Better merchandise assortment and lower prices prompted the women's apparel retailer to post a rosy outlook.
IMS Health Inc., down $1.31 to $20.05
The Senate introduced legislation that would effectively ban pharmaceutical data mining, potentially harming the company's business.
Delta Air Lines Inc., up $1.37 to $11.25
Oil prices that dipped below $70 and economic data that pointed at a stronger U.S. consumer drove airline shares higher.
National Semiconductor Corp., down 55 cents to $14.73
The chip maker's quarterly results beat Wall Street expectations, but analysts worried about losses in market share.
NCR Corp., up 93 cents to $10.72
An analyst said the ATM and self-serve kiosk maker would get a sales boost from making kiosks for video chain Blockbuster.
Macy's Inc., up $1 to $17.02
The department store was one of the biggest retail-sector gainer after an unexpectedly strong governemtn report on November sales.
NASDAQ
SIGA Technologies Inc., down $2.08 to $5.24
The biotechnology company's dilutive $20 million common stock offering meant to fund general corporate purposes drove shares lower.