WebSify
Follow us on
Mail
Print

Netflix, Medicis, Korn/Ferry are market movers

Source : AP
Last Updated: Tue, Sep 04, 2012 22:30 hrs

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Consol Energy Inc., down $1.37 at $28.83

The coal and natural gas company is temporarily idling its coal mine in Virginia because of weaker global demand for steel.

Medicis Pharmaceutical Corp., up $12.09 at $43.65

The dermatology products maker agreed to be bought by Valeant Pharmaceuticals International Inc. in a $2.6 billion deal.

Heckmann Corp., up $1.02 at $3.71

The water management firm is buying privately held Power Fuels in a $381 million deal to raise its foothold in the fracking market.

Korn/Ferry International, up 78 cents at $15.08

The staffing firm said it purchased Global Novations LLC in a move to bolster its leadership and talent consulting business.

Accretive Health Inc., up 79 cents at $12.68

The company, which helps hospitals manage their revenue, said that its board approved the repurchase of $50 million in stock.

Nasdaq

Netflix Inc., down $3.79 at $55.93

Amazon.com, which has a rival online streaming service to Netflix, signed a deal with Epix to license movies from Paramount, MGM and Lionsgate.

Tower Semiconductor Ltd., up 81 cents at $8.71

The chip maker expanded its product-making deal with Vishay Intertechnology for five years. Tower expects it will boost its revenue.

Medivation Inc., up $4.35 at $109.21

The drugmaker said that it received approval from the Food and Drug Administration for its drug Xtandi, which treats prostate cancer.




blog comments powered by Disqus
most popular on facebook
talking point on sify finance