Kodak, Dillard's, Nordstrom, Tyco are big movers

AP News
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Posted: May 13, 2011 4:39 PM
Kodak, Dillard's, Nordstrom, Tyco are big movers

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

NYSE

HealthSpring Inc., up $1.60 at $43.44

A Citi analyst upgraded the health insurer and its rivals saying favorable medical cost trends should lead to healthy profit margins.

Eastman Kodak Co., up 15 cents at $3

A judge at the U.S. International Trade Commission turned down Apple's digital-camera patent claim against the photography company.

Dillard's Inc., up $7.41 at $56

Shares of the department store operator reached a new 52-week high after posting first-quarter earnings that beat expectations.

Nordstrom Inc., down $1.54 at $47.63

The upscale retailer posted higher first-quarter net income, but it lowered its full-year outlook.

Tyco International Ltd., up $1.28 at $50.78

The New York Post reported that a possible buyer is talking to private equity firms about bidding on the security products company.

NASDAQ

Ener1 Inc., down 20 cents at $1.52

Shares of the battery maker continued to fall after posting a huge first-quarter loss earlier in the week.

First Solar Inc., down $6.42 at $125.65

A Wedbush analyst said the solar power equipment maker could face litigation over the location of a possible power plant project.

CA Technologies, down $2.16 at $22.90

The maker of information technology management software posted earnings that were lower than what Wall Street had expected.