Precision Castparts, Twitter are big market movers

AP News
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Posted: Aug 10, 2015 4:25 PM

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

NYSE

Precision Castparts Corp., up $37.04 to $230.92

Warren Buffett's Berkshire Hathaway Inc. said it is buying the aerospace and industrial company for about $32.36 billion.

Dean Foods Co., down 52 cents to $17.21

The milk producer said its chairman had stepped down and then reported disappointing second-quarter sales.

Alibaba Group Holding Ltd., up $1.65 to $80.47

The e-commerce company is expanding into physical stores by buying a 20 percent stake Suning, a Chinese electronics store chain.

Twitter Inc., up $2.46 to $29.50

The short messaging service announced a two-year content and advertising deal with the NFL as it seeks to attract a broader audience.

Wolverine World Wide Inc., up $1.15 to $29.25

A Stifel analyst boosted the footwear company's investment rating to a "Buy," citing potential growth of its Sperry and Merrel brands.

Post Holdings Inc., up $5.50 to $63.59

A Citi analyst upgraded the cereal maker's stock to a "Buy," saying that it expects cereal sales to perform well in the future.

Nasdaq

Nexstar Broadcasting Group Inc., up $1.01 to $55.07

The owner of local TV stations and websites said it plans to repurchase $100 million of its common stock.

Inter Parfums Inc., down $1.85 to $28.18

The perfume maker reported earnings for its second quarter last week that missed Wall Street expectations.