Coventry, BJ’s Wholesale, Vivus, Smith International are among big market movers Wednesday
By APWednesday, November 18, 2009
Coventry, BJ’s Wholesale, Vivus are big movers
NEW YORK — The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
NYSE:
Coventry Health Care Inc., down 63 cents at $23.05
An analyst said the health insurer will likely offer a disappointing 2010 earnings outlook and may be hit hard by health care reforms.
United Technologies Corp., down 73 cents at $68.81
The chief financial officer said the industrial conglomerate will likely have a higher profit next year even as revenue remains flat.
Smith International Inc., up 72 cents at $27.58
A Citi Investment Research analyst upgraded the oil service company, calling its share price attractive.
BJ’s Wholesale Club Inc., down 71 cents at $35.63
A legal settlement over worker pay pushed the retailer
Navios Maritime Holdings Inc., up 18 cents at $6.47
The Greek drybulk shipper said its third-quarter profit fell more than 30 percent as sales plunged more than 55 percent.
Salesforce.com Inc., down $2 at $63.61
The customer relations software company signaled it intends to keep hiring, which will likely push up costs.
NASDAQ:
Solarfun Power Holdings Co. Ltd., up 65 cents at $6.48
The Chinese solar cell maker turned a third-quarter profit, driven by cheaper cost of goods sold and record quarterly shipments.
Vivus Inc., up 20 cents at $8.77
The company said its erectile dysfunction drug candidate avanafil reached its key goal in a late-stage clinical study.
Tags: Analyst Ratings, Analyst Recommendations, Industrial Conglomerates, New York, North America, Sales Figures, Stock Prices, United States, Wholesale