3Par, Lowe’s, Washington Post, MedcoHealth among big market movers Monday
By APMonday, August 16, 2010
3Par, Lowe’s, Washington Post big market movers
NEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
3Par Inc., up $8.35 at $18
Dell said it is buying the maker of enterprise data storage equipment for about $1.13 billion in cash, or $18 a share.
Lowe’s Cos., up 11 cents at $19.70
The home-improvement retailer’s net income rose 10 percent. It raised its earnings outlook but tempered its sales forecast on economic concerns.
Air Products & Chemicals Inc., up 22 cents at $75.90
Air Products reached an agreement with the Federal Trade Commission on a consent decree for its $5.5 billion takeover of rival Airgas.
Vitacost.com Inc., down 63 cents at $7.72
The online retailer of vitamins and supplements reported a second-quarter loss and said CEO Ira P. Kerker has left the company.
MedcoHealth Solutions Inc., down $1.11 at $45.81
The company expanded its research capabilities by agreeing to buy drug- and medical device-study designer United BioSource for $730 million.
Washington Post Co., down $27.83 at $315.65
Kaplan Higher Education, its biggest and most profitable division, could run up against proposed federal regulations governing for-profit colleges.
NASDAQ
Corinthian Colleges Inc., down $1.44 at $5.22
Data showed many students at for-profit colleges aren’t repaying loans, which could imperil future aid, the bulk of the schools revenue.
Synutra International Inc., up $1.97 at $14.25
China’s Health Ministry this weekend cleared the company of any link between its milk powder and apparent breast growth in babies.
Tags: 3par, New York, North America, Ownership Changes, Personnel, United States