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Supervalu, NetApp, Scientific Learning big movers
NEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:NYSE:Sunrise Senior Living Inc., up $1.47 at $4.77Brookdale Senior Living…
NEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:NYSE:Sunrise Senior Living Inc., up $1.47 at $4.77Brookdale Senior Living Inc. said it will buy 21 senior living communities for $204 million from Sunrise Senior Living affiliates.Supervalu Inc., down 45 cents at $15.20An analyst downgraded the grocery chain, saying promotion wars and increasing sales of lower-priced items are pressuring its profit margins.NASDAQ:Spectrum Pharmaceuticals Inc., down $1.12 at $5.09The company said the Food and Drug Administration does not consider its drug Fusilev effective enough for approval.Scientific Learning Corp., up $1.68 at $5.08The educational software provider expects its third-quarter profit to jump at least tenfold on strong productivity and record sales.I-Flow Corp., up 82 cents at $12.58Kimberly-Clark Corp. will purchase the health care company for about $276 million excluding acquired cash and cash equivalents.Acorda Therapeutics, Inc., down $4.76 at $17.52The Food and Drug Administration issued a negative opinion that questioned the safety and effectiveness of its multiple sclerosis drug.Infosys Technologies Ltd., down $1.74 at $47.74India's second largest outsourcing firm reported a slight decrease in quarterly profit but raised its revenue and earnings forecasts.NetApp Inc., up $1.27 at $28.84Analysts praised the data storage company's decision to resume giving guidance, one saying it's a good start for the new CEO. Copyright © 2009 The Associated Press. All rights reserved.
last modification 2009-10-10 00:00:15
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