Lennar, Netezza, Owens Corning among big movers

[September 21, 2010]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

• Lennar Corp., up $1.15 at $15.14
  
  The homebuilder returned to profitability in its fiscal third quarter as home deliveries climbed and construction costs declined.

• L-1 Identity Solutions Inc., up $1.94 at $11.64
  
  French defense company Safran will pay $1.1 billion for most of the security IT firm, and Britain's BAE Systems is also acquiring a unit.

• Netezza Corp., up $3.67 at $28.27
  
  Tech giant IBM Corp. plans to pay $1.7 billion to acquire the data storage and analysis company.

• Office Depot Inc., up 41 cents at $4.43
  
  A Janney analyst said that the office supplies retailer's remodeled stores and stronger balance sheet should benefit the company.

• Owens Corning Inc., down $1.05 at $23.71
  
  The building materials supplier said demand for roofing supplies was weak, and it would not meet the higher end of a previous forecast.

• Discover Financial Services, up 59 cents at $16.16
  
  The credit card company said customers spent more with their cards and got better at making payments.

• McMoRan Exploration Co., up $1.39 at $15.96
  
  The oil and natural gas company agreed to buy shallow water shelf assets of Plains Exploration & Production Co. for about $818 million.

NASDAQ

• Chelsea Therapeutics International Ltd., up 67 cents at $5.73
  
  The pharmaceutical company said its blood pressure drug candidate met targets in a late stage clinical trial.

[Associated Press]

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