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Avon, Ancestry.com, Ventrus are market movers

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[May 15, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:


Avon Products Inc., up 77 cents at $20.96

The cosmetics maker said it's considering a buyout offer from beauty company Coty after it sweetened the deal.

Chesapeake Energy Corp., up 71 cents at $15.52

The Wall Street Journal reported that billionaire investor Carl Icahn has bought a significant stake in the natural gas company.

Concho Resources Inc., up $2.85 at $92.02

The oil and natural gas company said it will acquire the oil and natural gas assets of privately-held Three Rivers Operating Co.


Yahoo Inc., up 31 cents at $15.50

The Internet company's CEO, Scott Thompson, has left after coming under fire for the mention on his company bio of a degree he never received.

Francesca's Holdings Corp., up $1.58 at $25.61

The women's retailer fired its chief financial officer and raised its first-quarter outlook on better-than-expected sales.

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Golfsmith International Holdings Inc., up $1.33 at $6.04

Canadian retailer Golf Town said it will buy the U.S. golf retailer for about $96.5 million, more than doubling Golf Town's store base.

Ancestry.com Inc., down $3.59 at $22.57

The online family history resource company said NBC canceled "Who Do You Think You Are," the TV program it was sponsoring.

Ventrus Biosciences Inc., up $1.62 at $12.58

The specialty pharmaceutical company said its diltiazem cream met its goal in a late-stage trial as a treatment for anal fissures.

[Associated Press]

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


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