RadioShack, Revlon, Dish Network, Kraft, Wynn Resorts are among big market movers Monday
By APMonday, November 9, 2009
RadioShack, Revlon, Dish Network are big movers
NEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
RadioShack Corp., up $2.53 at $20.27
The electronics retailer said it would sell Apple Inc.’s popular iPhone, and an analyst said that could boost customer traffic.
Revlon Inc., up $4.01 at $14.79
An analyst upgraded the company due to improvements in market share, falling administrative and probable lower advertising costs.
Abercrombie & Fitch Co., up $2.58 at $37.59
Potential growth overseas and lower prices should help the companys sales, said two analysts as they upgraded the company.
Kraft Foods Inc., down 25 cents at $26.53
Cadbury rejected the food company’s hostile takeover bid of more than $16 billion, whose terms were unchanged from an earlier offer.
Eldorado Gold Corp., up 77 cents at $13.12
Gold prices hit another record at $1,111.70 an ounce as the dollar crumpled, driving up shares of the gold miner and processor.
Lexman International Inc., down $1.20 at $25.48
Goldman Sachs put the printer manufacturer on its sell list, saying its stock price is “unsustainable” given its slow equipment sales.
NASDAQ:
Wynn Resorts Ltd., up $3.81 at $63.54
The companys board declared a special cash dividend of $4 per common share as well as a regular quarterly dividend program for 2010.
Dish Network Corp., up 99 cents at $20.14
Shares hit a 12-month high as it added 241,000 net subscribers in the third quarter and declared a one-time dividend of $2 per share.
Tags: Dividends, Materials, New York, North America, Satellite Television, United States