Berkshire Hathaway, Kodak, UBS are market movers

AP News
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Posted: Sep 26, 2011 5:21 PM
Berkshire Hathaway, Kodak, UBS are market movers

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

NYSE

Berkshire Hathaway Inc., up $8,129 at $108,449

The holding company said it is buying back shares, a sign that its leader, Warren Buffett, thinks the shares are undervalued.

Eastman Kodak Co., down 64 cents at $1.74 The photo company borrowed $160 million from its revolving credit line, raising concern that the company may be running out of cash.

Boeing Co., up $2.50 at $62.01

After three years of delays, the aircraft maker finally delivered its first Boeing 787 Dreamliner to All Nippon Airways.

American Eagle Outfitters Inc., up 87 cents at $12.04

According to a Securities and Exchange Commission filing, the teen retailer's chairman bought $1 million in shares.

UBS AG, up 90 cents at $12.15

The bank's CEO, Oswald Gruebel, resigned over the weekend following a $2.3 billion loss cause by a rogue trader in London.

Generac Holdings Inc., up $3.02 at $18.59

The backup power generator maker boosted its outlook citing higher demand for its products following an increase in power outages.

Nasdaq

Odyssey Marine Exploration Inc., up 20 cents at $2.86

The exploration company said it confirmed the location of a shipwreck that is believed to be holding $210 million worth of silver.

MELA Sciences Inc., up $1.75 at $4.93

The Food and Drug Administration issued an approvable letter to the medical device company for its skin cancer detector.