AP News

Sprint, LeapFrog, Geron are market movers


NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

LeapFrog Enterprises Inc., down 80 cents at $8.35

Shares of the educational toy maker fell after retailer Toys R Us announced plans to launch its own tablet computer for children.

Hewlett-Packard Co., up 1 cent at $17.43

The technology company said that it is planning to cut about 2,000 more jobs than it had previously announced, to a total of 29,000.

Transocean Ltd., down $1.65 at $45.95

The offshore drilling rig contractor is selling 38 of its shallow water rigs to Shelf Drilling for about $855 million in cash.

Polaris Industries Inc., up $2.19 at $80.76

A Citi analyst said that sales of the company's all-terrain vehicles are strong, according to dealer checks the analyst did.

Sprint Nextel Corp., up 12 cents at $5.15

A Nomura Securities analyst upgraded shares of the cellphone company to "Buy" from "Neutral," saying that it is improving margins.

Talisman Energy Inc., up 24 cents at $14.41

The Canadian oil and gas company said that its president and chief executive agreed to step down, effective immediately.

Nasdaq

Titan Machinery Inc., down $5.95 at $19.41

The farm equipment retailer posted lower-than-expected second-quarter net income and cut its profit prediction for the full year.

Geron Corp., down $1.62 at $1.28

The drugmaker ended an experimental study of its cancer drug imetelstat and said it doesn't expect it to succeed in a second study.


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