Dynegy, Cray, Bluegreen are big market movers

AP News
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Posted: Nov 14, 2011 4:44 PM
Dynegy, Cray, Bluegreen are big market movers

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

NYSE

Bluegreen Corp., up 94 cents at $2.98

Holding company BFC Capital said it will buy the time-share resort operator in a deal that values the company at $143.1 million.

Dynegy Inc., down 12 cents at $2.83

The Houston power company said that its losses more than tripled in the third quarter as it generated less power at lower prices.

Triumph Group Inc., up $1.75 at $56.72

The company, which engineers and manufactures aircraft components, declared a regular quarterly dividend of 4 cents per share.

AMR Corp., down 11 cents at $2.14

The U.S. government fined AMR's American Eagle Airlines $900,000 for keeping hundreds of passengers cooped up for hours on planes.

Lowe's Cos. Inc., up 39 cents at $23.50

The home improvement retailer said its third-quarter net income fell 44 percent, but its adjusted results beat expectations.

Nasdaq

Cray Inc., up 48 cents at $6.03

The University of Illinois awarded the supercomputer manufacturer with a $188 million contract to help build a supercomputer.

China GrenTech Corp. Ltd., up 29 cents at $2.85

The Chinese company, which provides wireless coverage products, said its chief executive made an offer to take the company private.

Cadence Pharmaceuticals Inc., down $1.09 at $3.97

The biopharmaceutical company said it plans to sell $75 million in shares in a public stock offering subject to market conditions.