AP News

Yelp and McDonald's are big market movers


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

NYSE

Yelp Inc., up $1.70 to $91.11

The Wall Street Journal reports that Yahoo will work reviews from the website into its online searches under a new partnership.

St. Jude Medical Inc., up $1.59 to $63.59

Stifel Nicolaus upgraded its rating on the medical device maker to "Buy," citing its pipeline of products under development.

McDonald's Corp., down $1.06 to $94.86

Bad weather is hurting business at the world's largest hamburger chain, which reported a 3.3 percent decline in sales at stores open at least a year.

Dick's Sporting Goods Inc., up 77 cents to $51.87

A big holiday season has led the sports retailer to boost its outlook for the fourth quarter and year as sales at stores open at least a year rise.

Nasdaq

Hasbro Inc., up $2.27 to $52.36

The toy company boosted its dividend and said it is entering 2014 with "very good momentum" in its brands.

AutoNavi Holdings Limited, up $4.03 to $20.57

The Alibaba Group Holding has offered to take the Chinese digital mapping and navigation company private for about $1.58 billion.

Plug Power Inc., up 45 cents to $3.55

The industrial alternative-fuel company landed a contract to supply a retailer at six of its North American distribution centers.

The Medicines Company, down $1.80 to $32.42

An FDA investigator suggests that the pharmaceutical company's blood clot prevention treatment should not be approved for patients who are undergoing angioplasty.


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