вторник, 13 марта 2012 г.

Chevron Among Big Movers on Wall Street

NEW YORK - Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

MGM Mirage Inc., up $17.03 at $79.98.

Billionaire financier Kirk Kerkorian said he is interested in acquiring two properties owned by the casino operator, including the Bellagio Hotel.

Chevron Corp., down 65 cents at $82.18; Dynegy Inc., down 34 cents at $9.83.

The world's second-largest oil company said it will sell its 12 percent stake in power producer Dynegy.

Fremont General Corp., up $2.89 at $10.

The company agreed to sell its commercial real estate lending business, and some of its loan portfolio, for $1.9 billion to iStar Financial Inc.

NASDAQ

Staples Inc., down 62 cents at $25.05.

The world's largest office products retailer reported light first-quarter sales, and nudged its profit guidance lower.

XM Satellite Radio Holdings Inc., up 2 cents at $11.16.

The satellite radio company reported that it continued to experience service outages for the second-straight day because of software problems.

Whole Foods Markets Inc., up 70 cents at $40.56; Wild Oats Markets Inc., up 7 cents at $17.26.

Whole Foods, an organic market chain, extended its offer for Wild Oats Markets to June 20 from May 22. Whole Foods agreed to buy its rival for about $565 million.

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