Kodak, Marriott, GSI Commerce are big movers

AP News
|
Posted: Mar 28, 2011 5:17 PM
Kodak, Marriott, GSI Commerce are big movers

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Eastman Kodak Co., up 18 cents at $3.58

A federal agency said it would re-examine a patent-infringement claim that could generate large royalty fees for the camera maker.

Marriott International Inc., down $2.36 at $35.30

The hotel operator said business is picking up overseas, but that demand in North America is weaker than expected.

Alcatel-Lucent, up 47 cents at $5.81

Goldman Sachs upgraded the telecommunications gear maker, saying that the company will gain more profit from its newer businesses.

Nasdaq

GSI Commerce Inc., up $9.82 at $29.20

Online marketplace operator eBay Inc. is buying the digital marketing and e-commerce company for $2.4 billion.

Netflix Inc., up $7.31 at $237.32

The online video streaming and DVD rental company said it signed a new deal with Paramount Pictures to stream its movies in Canada.

Nvidia Corp., up 69 cents at $19.32

JMP Securities upgraded the graphics card maker because its products are used in popular Android-based smartphones.

Cal-Maine Foods Inc., up $2.15 at $29.97

The nation's biggest egg seller said demand for eggs remained strong in its latest quarter, but its net income fell on feed costs.

ADA-ES Inc., up $4.32 at $23.85

A Wedbush analyst upgraded the coal services company to "Outperform" from "Neutral" and raised the price target on its shares.