Whirlpool, Hertz, Caterpillar, Office Depot, Citigroup among market movers Monday

By AP
Monday, April 26, 2010

Whirlpool, Hertz, Caterpillar are active movers

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

NYSE:

Whirlpool Corp., up $10.20 to $112.42

Federal rebates for green appliances drew shoppers, helping the world’s largest appliance maker more than double its quarterly profit.

Hertz Global Holdings Inc., up $1.81 to $14.69

Hertz agrees to buy rival car rental company Dollar Thrifty for almost $1.2 billion in cash and stock to expand its leisure business.

Caterpillar Inc., up $2.87 to $71.65

The construction equipment maker posts strong quarterly profit and predicts worldwide growth of about 3.5 percent this year.

Office Depot Inc., up 50 cents to $8.95

A Credit Suisse analyst lifts his rating and price target on the office supply retailer, citing increased spending by businesses.

Citigroup Inc., down 25 cents to $4.61

The Treasury Department plans to sell up to 1.5 billion shares of Citigroup to begin unwinding support provided during the financial crisis.

Charles River Laboratories International Inc., down $6.22 to $33.55

A Lazard Capital Markets analyst says a surprise deal to acquire WuXi PharmaTech for $1.6 billion could “shock” Charles River investors.

NASDAQ:

Alliance Resource Partners LP, up $2.09 at $49.86

Alliance Resource Partners LP credits its increased first-quarter profit and double-digit rise in revenue to higher coal prices.

Prosperity Bancshares Inc., down $2.77 to $40.20

A SunTrust analyst downgrades shares of the bank holding company, saying it will likely need to buy up other banks to fuel earnings because of weak demand for loans.

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