Tenet Healthcare, DreamWorks, IBM, Gentiva Health among big market movers Monday

Tenet Healthcare, DreamWorks, IBM among big movers

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

NYSE:

Tenet Healthcare Corp., up 17 cents at $5.54

JPMorgan upgraded the hospital operator, citing anticipated benefits from health care reform that will expand insurance coverage.

DreamWorks Animation SKG Inc., down $3.82 at $31.05

The latest “Shrek” movie, “Shrek Forever After,” earned less in its opening weekend than previous sequels.

Sprint Nextel Corp., up 38 cents at $4.79

Goldman Sachs raised its rating on the stock to “buy,” saying the wireless carrier is doing a better job of retaining and attracturing customers.

Cooper Companies Inc., up 95 cents at $35.80

The company said its vision unit signed a deal with the U.S. Army and an analyst upgraded the stock.

IBM Corp., down 97 cents at $124.45

The tech giant will buy an AT&T Inc. unit that makes business-to-business software, Sterling Commerce, for $1.4 billion.

Javelin Pharmaceuticals Inc., down 54 cents at $1.26

The drugmaker’s licensee for its pain treatment Dyloject has withdrawn the drug from the U.K. after finding a foreign matter in some vials.

Longtop Financial Technologies Limited, up $3.51 at $34.55

The Chinese financial software developer posted adjusted earnings per share and revenue that beat analyst expectations.

NASDAQ:

Gentiva Health Services Inc., up $3.38 at $29.17

The home health provider plans to buy hospice firm Odyssey HealthCare Inc. for nearly $1 billion.