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Lennar, Netezza, Owens Corning among big movers
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[September 21, 2010]
NEW YORK (AP)
-- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: |
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NYSE
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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.
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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.
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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.
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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.
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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.
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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.
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- 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]
Copyright 2010 The Associated Press. All rights reserved. This
material may not be published, broadcast, rewritten or
redistributed.
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