Fossil, Diebold, Regeneron are market movers

[February 14, 2012]  NEW YORK (AP) -- Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Chesapeake Energy Corp., up 53 cents at $22.66

The oil and gas company said that it will try to raise as much as $12 billion by selling assets in an effort to reduce its debt.

Diebold Inc., up $3.19 at $37.94

The maker of ATMs and bank vaults said it posted a $79.8 million fourth-quarter profit, reversing its loss from last year.

Penn Virginia Corp., up 26 cents at $5.06

A Stifel Nicolaus analyst upgraded the oil and gas company's stock to "Buy," saying that a turnaround is in progress.

OM Group Inc., up $1.14 at $30.23

KeyBanc raised its price target on the chemical maker $6 to $36 saying a price increase for cobalt should benefit the company.

AmerisourceBergen Corp., down $1.39 at $37.21

The prescription drug distributor said that Chief Financial Officer Michael DiCandilo left the company to pursue other interests.

SandRidge Energy Inc., up 33 cents at $7.79

A Stifel Nicolaus analyst upgraded the oil and gas company's stock to "Buy" rating on increased oil production.

Nasdaq

Regeneron Pharmaceuticals Inc., up $12.57 at $114.65

The biopharmaceutical company expects sales of eye drug Eylea to reach $300 million, up from its previous forecast of $160 million.

Fossil Inc., up $4.01 at $104.50

A Jefferies analyst kept his "Buy" rating on the watch maker saying that the company was a "big winner" over the holidays.

[Associated Press]

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