HP, Eldorado Gold, Pacira are market movers

AP News
Posted: Apr 12, 2012 4:50 PM
HP, Eldorado Gold, Pacira are market movers

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


Eldorado Gold Corp., up $1.55 at $14.40

The mining company plans to more than double its gold production by 2016 and invest $1 billion for new mines in Greece.

Westinghouse Air Brake Technologies Corp., up $5.06 at $76.36

The rail industry parts maker boosted its full-year profit guidance, citing continued strong demand for freight cars and trains.

Hewlett-Packard Co., up $1.69 at $25.10

Research group Gartner said that the number of personal computers shipped worldwide rose more than expected in the first quarter.

The Home Depot Inc., up 88 cents at $50.63

A Janney analyst reiterated his "Buy" rating on the home improvement retailer's stock saying warm weather is boosting sales.


Avid Technology Inc., down $1.78 at $8.50

The maker of music and video recording equipment posted a first-quarter revenue outlook below Wall Street expectations.

Tractor Supply Co., up $5.65 at $97.95

The farm and ranch store chain said its first-quarter revenue climbed 22 percent to $1.02 billion, helped partly by warmer weather.

Pacira Pharmaceuticals Inc., down 39 cents at $9.73

The pharmaceutical company said it will sell 6 million shares of its stock to the public for $9.75 each, raising $58.5 million.