Alcoa and Apple are big market movers

AP News
Posted: Nov 25, 2013 4:53 PM

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


Alcoa Inc., up 35 cents to $9.59

Goldman Sachs sees high-margin growth in the aluminum maker's downstream business and issues a "buy" rating for the stock.

DaVita HealthCare Partners Inc., up $5.01 to $61.55

The dialysis services provider said that Medicare reimbursement rates won't be as bad next year as many people had expected.

The Boeing Co., down $2.97 to $133

The company warns of possible engine icing problems on some of its new planes and urged caution near thunderstorms.

Wal-Mart Stores Inc., up 62 cents to $80.43

The world's biggest retailer announced a CEO switch, with Doug McMillon taking over for Mike Duke, who steps down on Feb. 1.

Lions Gate Entertainment Corp., down $3.53 to $30.23

U.S. box office sales from the latest "Hunger Games" film came in somewhat lower than some investors had hoped.


Apple Inc., up $3.94 to $523.74

The iPhone maker buys PrimeSense, which makes chips used in three-dimensional sensing products like Microsoft's Xbox Kinect.

Qualcomm Inc., down 47 cents to $72.49

The chipmaker revealed that regulators in China have opened an investigation into possible violations of anti-monopoly laws.

BlackBerry Ltd., up 1 cent to $6.25

The executive shake-up at the smartphone maker goes on with the exit of the top financial, marketing and operating officers.

Cubist Pharmaceuticals Inc., up $5.26 to $70.76

A study of the company's drug for treatment of complicated urinary tract infections met its goal of showing that it works as well as an existing antibiotic, levofloxacin.