Freeport-McMoRan, Amarin are big market movers

AP News
Posted: Dec 07, 2012 4:41 PM

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


Freeport-McMoRan Copper & Gold Inc., up 89 cents to $31.70

The copper miner's stock recovers a bit after dropping 20 percent in two days on news of its $9 billion deal for two oil and gas producers.

American International Group Inc., up 87 cents at $34.13

The insurer confirms that it is in talks to sell 90 percent of its aircraft leasing unit to Chinese investors, reportedly for $5.5 billion.

Big Lots Inc., down $1.71 at $28.18

The Securities and Exchange Commission and the U.S. attorney in New York are probing stock sales by the retailer's CEO.

Geo Group Inc., up $2.56 at $32

The prison operator may sell healthcare assets as it moves toward converting into a REIT, and sets a special dividend.

Webster Financial Corp., down $1.07 at $19.82

One of the bank's major stockholders, private equity firm Warburg Pincus, is selling 10 million of its shares in a public offering.

ManpowerGroup, up 50 cents at $40.18

The staffing company gets a boost from stronger-than-expected November jobs numbers in the U.S.


Amarin Corp., down $2.26 at $9.69

The pharmaceutical company will hire sales staff to market its fish-oil drug, disappointing investors hoping for a deal with a larger drugmaker.

JinkoSolar Holding Co., up 56 cents at $4.68

The solar products maker's Swiss subsidiary reaches a $1 billion financing deal with the China Development Bank to fund expansion.