Friday, 4 April 2014

GameStop and Halozyme are big market movers


Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:


NYSE


Anadarko Petroleum Corp., up $2.03 to $101.05


The energy company reached a $5.15 billion settlement over numerous sites contaminated by Tronox, which it acquired in 2006.


CarMax Inc., down $2 to $45.56


The used car retailer posted a 7 percent decline in fourth-quarter earnings after it was forced to right an accounting correction.


Philip Morris International Inc., up 53 cents to $82.81


Cigarette production in the Netherlands is being halted by the tobacco company as the economy and health concerns drag on sales.


GameStop Corp., down $1.55 to $42.84


BB&T Capital says Wal-Mart's entry into the used game market is stumbling, which doesn't hurt the video game retailer at all.


Nasdaq


Mylan Inc., up 77 cents to $50.63


The Swedish drug company Meda rejected a takeover bid from the generic drug maker Mylan and talks between the two have ended.


Potbelly Corp., up 82 cents to $17.94


A sharp decline in shares combined with better same-store sales make the sandwich maker a good buy, according to William Blair.


Halozyme Therapeutics Inc., down $3.16 to $8.43


The biopharmaceutical has temporarily halted enrollment in the Phase 2 trial of its drug PEGPH20, used to treat pancreatic cancer.


E-TRADE Financial Corporation, down $1.74 to $20.43


The buzz is fading over a new book on high-frequency and Goldman Sachs posts some disconcerting numbers on payment order flows.



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