Apple, Monster Worldwide, RCN, Patriot Coal, CF Industries among big market movers Friday

By AP
Friday, March 5, 2010

Apple, Monster Worldwide, RCN are big movers

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

NYSE:

Transatlantic Holdings Inc., down $1.80 at $51.96

Insurer American International Group Inc. is selling its holdings of the reinsurer’s stock, about 14 percent of all shares.

Patriot Coal Corp., up $2.57 at $21.67

Published reports of a high price for coal in a big recent contract increased expectations about rising coal prices.

CF Industries Holdings Inc., down $3.49 at $104.74

The chemical company began its unsolicited $4.8 billion offer for fertilizer company Terra Industries Inc.

Monster Worldwide Inc., up 58 cents at $15.68

A better-than-expected employment report signaled an improving labor market, boosting shares of the job board Web site.

NASDAQ:

Apple Inc., up $8.24 at $218.95

The much-anticipated iPad tablet computer will be in U.S. stores April 3, slightly later than anticipated.

InterMune Inc., up $8.67 at $23.28

Shares jumped to their highest point since 2007 after regulators posted a review of the company’s experimental drug pirfenidone.

RCN Corp., up $2.89 at $15.15

Private equity firm Abry Partners plans to buy the cable operator for about $570 million in cash.

Coldwater Creek Inc., up 63 cents at $7.34

A Barclays analyst raised his rating on the women’s clothing retailer, saying profit could increase because of higher prices.

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