HP, Boston Beer, First Solar are big movers

AP News
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Posted: Jun 12, 2013 5:11 PM

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

NYSE

Hewlett-Packard Co., up 67 cents at $24.91

The computer and printer maker's stock rose after CEO Meg Whitman reiterated on CNBC that revenue could grow next fiscal year.

Cooper Tire & Rubber Co., up $10.10 at $34.66

India's Apollo Tyres said it is buying the Ohio-based tire maker for about $2.22 billion to boost its presence in North America.

Boston Beer Co. Inc., up $8.57 at $165.06

A Goldman Sachs analyst boosted the brewer's stock rating and price target on the success of its Angry Orchard cider.

LDK Solar Co. Ltd., down 9 cents at $1.37

Shares of the Chinese solar company continued to fall a day after posting a slightly larger first-quarter loss.

Nasdaq

Agilysys Inc., up $1.17 at $13.95

Lower expenses helped the company, which provides software to the lodging sector, return to profitability in its fiscal fourth quarter.

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First Solar Inc., down $5.63 at $46.66

The solar company said it plans to sell 8.5 million shares and use the proceeds for general corporate purposes.

Ulta Salon, Cosmetics & Fragrance Inc., up $12.51 at $96.64

The beauty retailer's fiscal first-quarter profit increased 20 percent as more shoppers visited its stores and website.

Take-Two Interactive Software Inc., down $1.44 at $15.37

The New York-based publisher of "Grand Theft Auto," ''BioShock Infinite" and other video games announced plans for a debt offering.