Stocks & Markets December 11, 2009, 11:18AM EST

Stocks on the Move: Alcoa, CVS, Lockheed

(page 2 of 2)

Herley Industries Inc. (HRLY) rose 6.3 percent to $12.94 and climbed 13 percent earlier, the most intraday since July 23. The maker of military communications equipment posted first- quartet profit excluding some items of 29 cents a share, exceeding both analysts' estimates in a Bloomberg survey.

IMS Health Inc. (RX) had the steepest decline in the S&P 500, tumbling 10 percent to $19.22. The provider of prescription data to drugmakers and analysts fell after the Associated Press reported that Democrats Herb Kohl of Wisconsin and Dick Durbin of Illinois proposed to ban the sale of prescribing records for marketing purposes under an amendment to the Senate health care bill.

Lockheed Martin Corp. (LMT) rose 1.8 percent to $77.33. The world's largest defense company won a contract valued at as much as $318 million to provide support services in Iraq and Afghanistan to the Joint Improvised Explosive Device Defeat Organization, the Pentagon said.

NCR Corp. (NCR) jumped 9 percent to $10.67 for the biggest advance in the Russell 1000 Index. The world's largest maker of automated-teller machines was raised to "overweight" from "neutral" at JPMorgan by equity analyst Paul Coster.

Sirona Dental Systems Inc. (SIRO) dropped 7.1 percent $32.44 and sank as much as 8.9 percent, the most intraday since Aug. 6. The maker of dental-imaging equipment said on its Web site it filed a prospectus supplement to its existing shelf registration as part of a sale of 7.4 million shares for holders. The New York-based company said it won't receive any proceeds from this sale.

Superior Energy Services Inc. (SPN) rose 9 percent to $22.13 and advanced 13 percent earlier, the most intraday since November 2008. The U.S. oil-services provider offered to buy Hallin Marine Subsea International Plc, a U.K. provider of underwater vehicles and technology, for 233 pence a share in cash. Capital One Southcoast Inc. boosted the stock's rating to "add" from "neutral," citing the acquisition.

To contact the reporter on this story: Lu Wang in New York at lwang8@bloomberg.net

Reader Discussion

 

BW Mall - Sponsored Links

Buy a link now!