Walgreen, Alcoa, CVS Caremark are big movers
APNews
Dec 21, 2009
The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE:
Walgreen Co., down 3 cents at $36.61
The company administered 5.4 million seasonal flu shots in the fall, boosting quarterly profit by 20 percent.
Dick's Sporting Goods Inc., up $1.51 at $25.18
An analyst raised the sporting goods retailers rating and price target and said it will likely top its forecast on solid traffic.
Alcoa Inc., up $1.15 at $15.73
The aluminum producer announced an $10.8 billion joint venture with Saudi Arabia after an analyst raised his rating on the company.
Las Vegas Sands Corp., up 23 cents at $15.52
The opening of the company's $5.5 billion Singapore casino and resort, initially scheduled for this month, has been delayed again.
CVS Caremark Corp., up $1.12 at $32.30
The company hired the president of genetic benefits manager Generation Health to lead its struggling Caremark business.
NASDAQ:
Chattem Inc., up $23.16 at $93.14
French drugmaker Sanofi-Aventis SA plans to buy the U.S. health-care company for $1.9 billion in cash.
Bucyrus International Inc., up $5 at $55.84
The mining equipment maker said it will buy a division of Terex Corp. for $1.3 billion in cash, broadening its geographic reach.
Palm Inc., up 52 cents at $10.69
An analyst upgraded the smart phone maker to "Hold" from "Sell" following a recent drop in stock price.