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Bristol-Myers and Crocs are big market movers


October 28. 2013 4:37PM
Associated Press

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(AP) Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:


NYSE


Bristol-Myers Squibb Co., up $3.25 to $52.02


Morgan Stanley upgrades the pharmaceutical, saying its Nivolumab treatment could rival the most widely used cancer drugs.


CF Industries Holdings Inc., up $8.74 to $218.36


Rival fertilizer company Mosaic will spend $1.4 billion to acquire its phosphate business and signed new supply agreements.


Fusion-io Inc., up $1.55 to $11.09


CEO Shane Robison bought more than 105,000 shares in the flash storage drive maker after the stock tumbled sharply last week.


Ruby Tuesday Inc., down 37 cents to $5.60


Director Matthew Drapkin resigned from the board and sold all of his stock in the restaurant chain, which had a terrible quarter.


Roper Industries Inc., down $8.78 to $124.26


The industrial technology company fell short of Wall Street expectations for its third quarter and lowered its outlook.


Nasdaq


Synta Pharmaceuticals Corp., down $1.30 to $5.10


The drugmaker says data on ganetespib "increases confidence" in the lung cancer treatment, but investors see it differently.


Sohu.com Inc., down $13.31 to $68.11


The operator of a Chinese Web portal said its quarterly profit fell 20 percent due to new expenses for staff and marketing.


Crocs Inc., down 65 cents to $13.03


A PiperJaffray analyst downgrades the shoemaker's stock on concerns about worsening sales.


Associated Press


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