Kodak, MetroPCS, THQ are big market movers

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

NYSE

Huntsman Corp., down 34 cents at $10.62

A Jefferies & Co. analyst downgraded the chemical maker saying that he's concerned about the company's ability to uphold margins.

Eastman Kodak Co., up 6 cents at $1.11

The Wall Street Journal reported that the photography company shuffled its restructuring advisers to steer clear of bankruptcy.

Darden Restaurants, Inc., down $5.91 at $41.82

The restaurant operator, which owns Red Lobster and Olive Garden, cut its fiscal 2012 outlook as it tries to improve results.

MetroPCS Communications Inc., up 65 cents at $9

A William Blair analyst upgraded shares of the wireless phone carrier saying that he expects "improved performance" next year.

Frontline Ltd., up 66 cents at $4.20

The Bermuda-based oil tanker owner said it will shed some of its fleet to deal with heavy debts and a decline in contract rates.

Nasdaq

Nathan's Famous Inc., up $1.91 at $20.99

The restaurant chain operator said it will buy back up to 500,000 of its outstanding stock for a maximum price of $11 million.

THQ Inc., down 18 cents at $1.64

A Cowen analyst downgraded the video game maker's stock saying that a price cut of its uDraw game suggests it will underperform.

Electronic Arts Inc., up 42 cents at $23.15

A Citi analyst reiterated his "Buy" rating on the video game maker's stock saying that he expects growth on its more social games.

[Associated Press]

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