LDK Solar, News Corp., Seagate are Tuesday movers
Tuesday - 6/26/2012, 4:49pm ET
NEW YORK (AP) - Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
LDK Solar Co., down 12 cents at $1.90
The solar equipment maker posted a first-quarter loss and cut its revenue forecast for the year because of the plunge in solar panel prices.
First Horizon National Corp., up 30 cents at $8.21
Investors were relieved that the bank has released more details about how much it will cost to boost its mortgage repurchase reserve.
Nasdaq
News Corp., up $1.68 at $21.76
The media conglomerate plagued by a phone-hacking scandal confirmed that it's considering splitting into two companies.
Apollo Group Inc., up $3.34 at $35.81
The for-profit education company's most recent quarterly results, excluding special items, topped Wall Street expectations.
Seagate Technology PLC, up 85 cents at $24.12
More fund managers may buy shares of the hard drive maker because it is being added to the Standard & Poor's 500 index.
James River Coal Co., down 43 cents at $2.49
Credit ratings agency Standard & Poor's downgraded the coal miner's debt further into junk territory because of declining coal demand.
Supernus Pharmaceuticals Inc., up $6.52 at $12.23
The Food and Drug Administration gave tentative approval to the newly public drugmaker's epilepsy drug candidate, Trokendi XR.
ValueClick Inc., down $1.13 at $14.47
A Piper Jaffray analyst downgraded shares of the Internet advertising company on concerns about the advertising climate.
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