Hertz and Green Mountain are big market movers

AP News
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Posted: Dec 23, 2014 4:52 PM

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

NYSE

Chesapeake Energy Corp., up $1.87 to $20.29

The energy company completed a $5 billion asset sale around Pennsylvania and West Virginia and announced a $1 billion share buyback.

Hertz Global Holdings Inc., up $1.86 to $24.47

Due to growing fleet costs, the car rental company will raise rates for its Hertz, Thrifty and Dollar car rentals starting Jan 1.

Beazer Homes USA Inc., down 19 cents to $18.56

The U.S. reported that sales of new homes fell in November, evidence that recent job gains have yet to boost the housing sector.

Noble Energy Inc., down $1.97 to $48.98

Israel wants to break up control of its offshore Leviathan natural gas field, of which the U.S. energy company owns a huge stake.

Doral Financial Corp., down 67 cents to $3.40

The bank holding company confirmed that the FBI raided its main offices in Puerto Rico to collect "certain information."

Nasdaq

Keurig Green Mountain Inc., down $3.23 to $136.55

Some 7 million of the company's coffee machines are being recalled after at least 90 reports of burn-related injuries from escaping hot liquid.

Vanda Pharmaceuticals Inc., up $1.67 to $13.58

The biotech company settled a licensing fight with Novartis and will reacquire U.S. and Canadian rights to a schizophrenia treatment.

Celgene Corp., down $7.38 to $106.12

Pressure from the nation's largest pharmacy benefits manager on drugmakers to lower prices pushed the entire sector lower.