BofA, Sunoco, Harley-Davidson are market movers

[September 07, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

• Temple-Inland Inc., up $6.22 at $30.85
  
  International Paper is buying the packaging and building products maker for $32 per share, or $4.3 billion including debt.

• Credit Suisse Group, down $3.54 at $23.84
  
  The Swiss bank's shares sold off alongside other U.S.-traded European banks as investors worried about their capital levels.

• Bank of America Corp., down 26 cents at $6.99
  
  The government sued 14 financial firms Friday, including Bank of America, over mortgage-backed securities that turned bad.

• Shaw Group Inc., up $1.70 at $23.53
  
  The engineering and construction company is selling its stake in nuclear power company Westinghouse back to Japan's Toshiba.

• Sunoco Inc., up $1.92 at $38.03
  
  The oil company plans to sell its unprofitable refining division and focus on its retail and logistics businesses.

• Blyth Inc., up $11.73 at $64.80
  
  The company, known for using home parties to market its decorations and household products, boosted its fiscal 2012 profit outlook.

• Harley-Davidson Inc., down 85 cents at $35.15
  
  UBS removed the motorcycle maker from its short-term "Buy" rating list, citing slower sales.

Nasdaq

• Pharmasset Inc., up $6.33 at $70.53
  
  A Citi analyst said that the company hit a "home run" with results from a mid-stage study of a potential hepatitis C virus treatment.

[Associated Press]

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