Apple, Tyson, Barnes & Noble are big movers

Recs

0

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

NYSE

Och-Ziff Capital Management Group LLC, down 63 cents at $4.75

The hedge-fund firm said assets under management dropped by $5.5 billion in December due to redemptions and poor performance.

Synovus Financial Corp., down $1.03 at $7.17

The bank forecast a higher provision to cover bad loans in the fourth quarter, prompting analysts to lower estimates.

Tyson Foods Inc., down 56 cents at $8.79

The meat processor said its CEO will step down immediately and be replaced by its former chairman on an interim basis.

Barnes & Noble Inc., up $2.06 at $17.38

The book seller could benefit from weakness at rival Borders, an analyst said, and upgraded the stock to "neutral" from "sell."

Best Buy Co., up 98 cents at $30

A Goldman Sachs analyst upgraded the stock to "buy" from "neutral," citing the closure of Circuit City and cost control efforts.

Navistar Corp., up $5.67 at $30.10

The maker of trucks, buses, and engines forecast fiscal 2009 profit below Wall Street estimates amid a weak sales environment.

CKE Restaurants Inc., up 3 cents at $8.87

The operator of the Carl's Jr. and Hardee's burger chains adopted a "poison pill" plan to dissuade hostile takeover attempts.

NASDAQ

Apple Inc., up $3.83 at $94.58

Founder and CEO Steve Jobs said his weight loss stems from a hormone imbalance that will require "relatively simple" treatment.

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Compare Brokers

TD AMERITRADE
more info
ShareBuilder
more info
Power E*Trade

more info
Scottrade
more info
Fool Disclosure

DocumentId: 804070, ~/Articles/ArticleHandler.aspx, 11/10/2009 12:36:43 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

The Must-Read Story on Fool.com
Health-Care Reform: A Tale of Two Chambers

Related Tickers

11/9/2009 4:02 PM
NAV $35.66 Up +1.11 +3.21%
Navistar Internati… CAPS Rating: **
CKR $9.42 Down -0.05 -0.53%
CKE Restaurants, I… CAPS Rating: ***
AAPL $201.46 Up +7.12 +3.66%
Apple, Inc. CAPS Rating: ***
BBY $41.78 Up +1.54 +3.83%
Best Buy Co., Inc. CAPS Rating: ***
SNV $2.24 Up +0.12 +5.66%
Synovus Financial… CAPS Rating: **
OZM $12.98 Up +0.41 +3.26%
Och-Ziff Capital CAPS Rating: **
BKS $18.56 Up +1.51 +8.86%
Barnes & Noble, In… CAPS Rating: **

Community: Investing Wiki

Term Of The Hour

Borrowing: Borrowing is the process of getting the loan of an asset from another entity usually in return for interest.

Want to learn more or edit this definition?
Click here to read more!