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RIM, Netflix, eBay are market movers

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[September 19, 2011]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

  • 99 Cents Only Stores, up $1.76 at 20.46

    The New York Post reported that private-equity firm Apollo Management could bid up to $24 a share for the discount store operator.

  • Patriot Coal Corp., down $1.47 at $12.86

    The coal producer said it expects coal costs to rise as production declines by about 450,000 tons in the third quarter.

  • The St. Joe Co., up $1.12 at $18.20

    Investment fund Fairholme Capital is boosting its stake in the Florida real estate developer to 50 percent.

Nasdaq

  • Research In Motion Ltd., down $5.61 at $23.93

    The BlackBerry maker reported a sharp drop in net income and revenue and said it sold far fewer tablet computers than it expected.

  • Diamond Foods Inc., up $9.07 at $87.30

    The maker of Pop Secret popcorn and Emerald Nuts reported a 27 percent jump in its fourth-quarter net income on higher sales.

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Internet

  • Netflix Inc., down $14.06 at $155.19

    Shares of the online movie rental company continued to fall a day after lowering its expectations for U.S. subscribers.

  • Yahoo Inc., up 8 cents at $14.97

    The Wall Street Journal reported that private-equity firm Silver Lake Partners is a potential bidder of the Internet company.

  • EBay Inc., up $1.65 at $33.69

    A Wedbush analyst upgraded the online seller's stock, saying that its PayPal division will grow as mobile payments take off.

[Associated Press]

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 This material may not be published, broadcast, rewritten or redistributed.

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