Lennar, Netezza, Owens Corning, L-1, Discover Fin. among those making big stock market moves

Lennar, Netezza, Owens Corning among big movers

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

NYSE

Lennar Corp., up $1.15 at $15.14

The homebuilder returned to profitability in its fiscal third quarter as home deliveries climbed and construction costs declined.

L-1 Identity Solutions Inc., up $1.94 at $11.64

French defense company Safran will pay $1.1 billion for most of the security IT firm, and Britain’s BAE Systems is also acquiring a unit.

Netezza Corp., up $3.67 at $28.27

Tech giant IBM Corp. plans to pay $1.7 billion to acquire the data storage and analysis company.

Office Depot Inc., up 41 cents at $4.43

A Janney analyst said that the office supplies retailer’s remodeled stores and stronger balance sheet should benefit the company.

Owens Corning Inc., down $1.05 at $23.71

The building materials supplier said demand for roofing supplies was weak, and it would not meet the higher end of a previous forecast.

Discover Financial Services, up 59 cents at $16.16

The credit card company said customers spent more with their cards and got better at making payments.

McMoRan Exploration Co., up $1.39 at $15.96

The oil and natural gas company agreed to buy shallow water shelf assets of Plains Exploration & Production Co. for about $818 million.

NASDAQ

Chelsea Therapeutics International Ltd., up 67 cents at $5.73

The pharmaceutical company said its blood pressure drug candidate met targets in a late stage clinical trial.