Molson Coors, Delta, Conns are market movers

AP News
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Posted: Apr 03, 2012 5:06 PM
Molson Coors, Delta, Conns are market movers

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

NYSE

Molson Coors Brewing Co., down $2.48 at $43.18

The maker of Coors Light beer will spend $3.54 billion to buy StarBev and its nine breweries in central and eastern Europe.

Delta Air Lines Inc., up 31 cents at $10.32

The airline said that passenger revenue rose a better-than-expected 13 percent in March partly because of higher fares.

CVR Energy Inc., up $1.60 at $28.80

Investor Carl Icahn said that most of the oil refiner's shares have been tendered in support of his hostile takeover bid.

Newmont Mining Corp., down $1.77 at $50.34

A Citi analyst downgraded the mining company to "Neutral" from "Buy" and dropped it price target on shares to $56 from $80.

Nasdaq

Urban Outfitters Inc., up 68 cents at $30.22

A Citi analyst upgraded the retailer's stock and raised its price target $6 to $32, saying that its first quarter looks solid.

Finish Line Inc., up 80 cents at $21.92

A Citi analyst said that a recent pullback in the athletic footwear and apparel seller's stock makes it a good time to buy.

Conns Inc., up $2.56 at $19.05

The seller of home appliances, furniture, mattresses and other goods said that it returned to profitability in the fourth quarter.

LCA-Vision Inc., up 25 cents at $6.85

The laser eye surgery provider, which runs 52 U.S. centers, said that LasikPlus procedures rose 11 percent in the first quarter.


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