Coventry, BJ's Wholesale, Vivus are big movers

AP News
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Posted: Nov 18, 2009 5:05 PM

The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:

NYSE:

Coventry Health Care Inc., down 63 cents at $23.05

An analyst said the health insurer will likely offer a disappointing 2010 earnings outlook and may be hit hard by health care reforms.

United Technologies Corp., down 73 cents at $68.81

The chief financial officer said the industrial conglomerate will likely have a higher profit next year even as revenue remains flat.

Smith International Inc., up 72 cents at $27.58

A Citi Investment Research analyst upgraded the oil service company, calling its share price attractive.

BJ's Wholesale Club Inc., down 71 cents at $35.63

A legal settlement over worker pay pushed the retailers third-quarter profit down 37 percent, although sales grew.

Navios Maritime Holdings Inc., up 18 cents at $6.47

The Greek drybulk shipper said its third-quarter profit fell more than 30 percent as sales plunged more than 55 percent.

Salesforce.com Inc., down $2 at $63.61

The customer relations software company signaled it intends to keep hiring, which will likely push up costs.

NASDAQ:

Solarfun Power Holdings Co. Ltd., up 65 cents at $6.48

The Chinese solar cell maker turned a third-quarter profit, driven by cheaper cost of goods sold and record quarterly shipments.

Vivus Inc., up 20 cents at $8.77

The company said its erectile dysfunction drug candidate avanafil reached its key goal in a late-stage clinical study.