LDN - Business

Ryder, First Solar, Tesla are Friday movers

[June 23, 2012] NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Ryder System Inc., down $5.31 at $35.44.

The truck leasing company posted a lower earnings forecast for the second quarter due to lower commercial truck rental demand.

Carnival Corp., down 92 cents at $33.66.

The cruise operator's second-quarter net income fell due to fuel price contract losses. Its 2012 forecast was below expectations.

Harvest Natural Resources Inc., up $4.24 at $9.12.

The energy company sold its Venezuelan interests to the national oil company of Indonesia for $725 million in a shared purchase agreement.

Nasdaq

First Solar Inc., up $1.34 at $15.88.

The company reached a deal with Los Angeles County officials to install solar modules at a power plant there.

NPS Pharmaceuticals Inc., up $1.01 at $8.21.

The biopharmaceutical company said that a panel of European Union experts recommended approval for its bowel drug Teduglutide.

Alexza Pharmaceuticals Inc., up $1.23 at $3.97.

The drugmaker said that it resubmitted its application to the Food and Drug Administration for its psychiatric drug Adasuve.

Repligen Corp., down 43 cents at $3.95.

The drugmaker said federal regulators requested additional clinical trial data for an imaging agent that detects pancreas problems.

Tesla Motors Inc., up $1.60 at $33.78.

The Palo Alto, Calif.-based electric car maker began delivering the Model S, its first mass-market sedan, on Friday.