Hewlett-Packard, McDonald’s, Sara Lee, Tyson Foods among big market movers Monday
By APMonday, August 9, 2010
Hewlett-Packard, McDonald’s big market movers
NEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Hewlett-Packard Co., down $3.70 at $42.60
The technology company’s board forced its well-regarded CEO to resign after a sexual harrasment claim and allegedly falsified expense reports.
Sara Lee Corp., down 2 cents at $14.82
The food maker’s CEO, who led it through an important restructuring, is resigning after a stroke in May and leaving the CFO as interim chief.
McDonald’s Corp., up $1.18 at $72.92
A key monthly sales figure rose 7 percent in July at the fast food chain, thanks to popular new drinks in the U.S. and strong sales overseas.
Tyson Foods Inc., down 84 cents at $16.30
The meat producer said higher beef and pork prices and a recovering chicken business helped boost its quarterly profit.
AstraZeneca PLC, up 31 cents at $52.61
The drug maker paid $198 million to settle U.S. lawsuits over its antipsychotic drug Seroquel, which will not affect its guidance for the year.
Skilled Healthcare Group Inc., up 58 cents at $3.07
The nursing home operator filed a motion for a mistrial in a California court case in which it was accused of violating safety codes.
NASDAQ
Dish Network Corp., down $2.12 at $18.72
The satellite TV provider’s quarterly net income jumped, but it lost subscribers as competition for viewers intensified.
Superior Well Services Inc., up $3.85 at $22.08
Oil and gas driller Nabors Industries Ltd. will buy the oilfield services provider for about $900 million, or $22.12 per share.
Tags: Health Care Industry, New York, North America, Personnel, United States