Walgreen, Baker Hughes, Monsanto, Micron Technology among big market movers TuesdayBy AP
Tuesday, July 6, 2010
Walgreen, Baker Hughes, Monsanto among big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
Walgreen Co., up 26 cents at $26.62
The biggest drugstore chain in the U.S. said that strong sales of nonpharmacy items such as cosmetics helped lift sales in June.
Baker Hughes Inc., up $1.63 at $43.93
Superior Energy Services Inc. agreed to buy the Gulf of Mexico stimulation and sand control business from Baker Hughes for $55 million.
Monsanto Co., down $1.42 at $45.12
The European Union’s top court says Monsanto can’t block Argentine farmers from exporting soy meal containing a patented gene.
BP PLC, up $2.56 at $31.91
BP said it won’t issue new shares to help pay for the Gulf of Mexico oil spill, assuring investors their own stock won’t be diluted.
Family Dollar Stores Inc., up 82 cents at $39.44
A Citi analyst lifted her rating on the stock to “Buy” from “Hold,” citing overall strength in the dollar store sector.
Broadwind Energy Inc., up 44 cents at $3.23
The wind energy company received a wind tower order from turbine generator maker Gamesa Corporacion Tecnologica.
Bebe Stores Inc., up 35 cents at $6.68
Bebe plans to discontinue operations of its PH8 division, less than a year after announcing it would replace Bebe Sport stores.
Micron Technology Inc., up 13 cents at $8.35
Worldwide sales of semiconductors jumped almost 48 percent in May to $24.7 billion from a year earlier.
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