, LDK Solar, Avista are market movers

AP News
Posted: Oct 22, 2012 4:51 PM, LDK Solar, Avista are market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:


Peabody Energy Corp., up $3.06 at $28.95

The coal miner said that its third-quarter profit fell 84 percent, but its results still topped Wall Street expectations.

LDK Solar Co. Ltd., up 15 cents at 86 cents

The Chinese solar equipment maker is selling a 20 percent stake in the company to Hen Rui Xin Energy for around $23 million.

Advance Auto Parts Inc., down $2.28 at $66.15

The auto part retailer said its third-quarter earnings per share will fall more than 14 percent when it posts results next month.

Avista Corp., down 92 cents at $25.54

The utility predicted that third-quarter profit will drop 46 percent from a year ago. The company also cut its outlook for the year.

Nasdaq Inc., up $2.26 at $31.44

The genealogy website agreed to be bought by a group led by private equity firm Permira Funds in a deal worth about $1.6 billion.

OpenTable Inc., up $2.77 at $46.36

Reuters reported that executives at Yahoo Inc., the search company, have discussed acquiring the online restaurant reservations company.

Avid Technology Inc., down $1.48 at $6.69

The maker of equipment and software for recording music and video predicted a wider loss and drop in revenue for the third quarter.

Carmike Cinemas Inc., up 66 cents at $13.22

A Caris & Co. analyst upgraded shares of the movie theater chain saying that recent acquisitions will help boost the company.