Research in Motion, Alcoa, HSBC Holdings among big market movers Monday

By AP
Monday, August 2, 2010

Research in Motion, Alcoa among big movers

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

NYSE

Boyd Gaming Corp., up 55 cents at $9.01

An analyst upgraded shares of the casino company after it said it had decided not to buy assets of a rival.

Omnicare Inc., down 11 cents at $24.52

The pharmaceutical services provider named an interim CEO as its head stepped down after nearly 30 years with the company.

HSBC Holdings PLC, up $2.66 at $53.74

The British bank, Europe’s largest in terms of deposits, said its net income more than doubled in the first half of the year.

Charles River Laboratories International Inc., down $1.21 at $29.87

The medical research equipment company cut its outlook for the year as weak demand and higher costs weighed on second-quarter results.

PolyOne Corp., up $1.15 at $11.46

Diversifying its business away from hard-hit housing and auto clients helped the plastics and resins maker drive net income higher.

Alcoa Inc., up 54 cents at $11.71

A better-than-expected report the U.S. manufacturing sector drove the aluminum supplier’s shares higher.

NASDAQ

Research in Motion Ltd., down 55 cents at $56.98

The United Arab Emirates will ban e-mail, messaging and Web access features on the company’s BlackBerry smart phones.

Intel Corp., up 55 cents at $21.15

An industry group says global sales of semiconductors grew 7.1 percent in the second quarter as the rebound in demand continued.

Discussion
August 3, 2010: 9:08 pm

I never thought that Omnicare Inc will move down. Lot of my friends invested in it.

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