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Imax, eBay, MetLife are big market movers

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[December 06, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Imax Corp., up $2.16 at $21.43

A Stifel Nicholas analyst upgraded the big-screen movie company to "Buy" saying that he expects a strong 2012 for the company.

SuccessFactors Inc., up $13.50 at $39.75

The maker of software specializing in human resources tasks agreed to be sold to German software company SAP AG for $3.4 billion.

MetLife Inc., up $1.16 at $32.92

The life insurer expects to report higher operating earnings for 2011 that nevertheless would be short of analysts' expectations.

US Airways Group Inc., up 28 cents at $5.12

The airline said that its traffic rose 3.4 percent last month and its planes were more full than any November before.

Nasdaq

Telular Corp., up 23 cents at $7.20

The wireless technology company said that it agreed to buy SkyBitz for $42 million in cash and stock to expand its mobile business.

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Incyte Corp., down 28 cents at $13.96

A Citi analyst said that a newly approved drug may have limited long-term growth potential in treating patients with myelofibrosis.

Take-Two Interactive Software Inc., up 47 cents at $14.13

A Pacific Crest analyst said that now is the best time to buy the video game maker's stock, two months after announcing a new "Grand Theft Auto" game.

eBay Inc., up $1.10 at $30.70

A Raymond James analyst upgraded the shares of the online marketplace to "Strong Buy" on improved growth in the fourth quarter.

[Associated Press]

Copyright 2011 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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