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Oct. 24, 2011, 4:30 p.m. EDT

Monday’s biggest gaining and declining stocks

Caterpillar, HealthSpring, RightNow, Kimberly Clark

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By Myra P. Saefong, MarketWatch

SAN FRANCISCO (MarketWatch) — Shares of the following companies were among those that made notable moves in Monday’s U.S. stock market:

Advancers

Adolor Corp.   shares more than doubled to close at $4.67, leading the gains on the Nasdaq Composite Index /zigman2/quotes/210598365/realtime COMP +1.29% . Cubist Pharmaceuticals Inc.  agreed to acquire the biopharmaceutical company for about $190 million in cash. Read more on Cubist and Adolor.

Alpha Natural Resources Inc.  shares climbed 9.5%. Shares in the coal company were among the biggest gainers on the S&P 500 Index /zigman2/quotes/210599714/realtime SPX +0.48% as a rise in the overall equities market and better manufacturing data from China gave the energy sector a lift. Read about the energy sector rally.

Click to Play

Is Caterpillar recession-proof?

Shares of Caterpillar Inc. rallied after the construction-equipment maker reported adjusted earnings of $1.93 a share in the third quarter, topping analyst forecasts of $1.63 a share.

Caterpillar Inc. /zigman2/quotes/203434128/composite CAT -0.51%  saw its stock climb 5% to lead gains on the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.07%  after the equipment maker reported a jump in earnings, topping estimates. Read about Caterpillar’s results.

First Solar Inc. /zigman2/quotes/209356097/composite FSLR +2.42%  shares gained 7.8%, among the top gainers in the S&P 500 Index. The stock is sensitive to efforts among European policymakers to stabilize the region, where it sells many of its products.

Shares of Freeport-McMoRan Copper & Gold Inc. /zigman2/quotes/200215692/composite FCX -0.22%  added 8%, tracking a rise in gold and copper futures. Read about the rally in metals.

Fusion-io Inc.'s shares closed up 15%. Barron’s named the data storage company as one of its top 10 technology stock picks. Read more on Barron's tech picks.

HealthSpring Inc.'s shares gained 34% after the Nashville-based operator of Medicare Advantage health plans agreed to be acquired by Cigna Corp. /zigman2/quotes/208431372/composite CI -1.62%  for $55 a share, or $3.8 billion. Read more about Cigna’s acquisition of HealthSpring.

Click to Play

Broadening of refinancing program

Details of a federal plan floated to overhaul a mortgage-refinance program. It would remove hurdles for homeowners. (Photo: Brandon Sullivan for The Wall Street Journal.)

RightNow Technologies Inc.'s shares rose 19% on a deal in which Oracle Corp. /zigman2/quotes/202180826/composite ORCL +0.28%  agreed to buy the software company for $43 a share, or roughly $1.5 billion. Read more about Oracle’s acquisition of RightNow.

Schweitzer-Mauduit International Inc.'s /zigman2/quotes/208081440/composite SWM -2.56% shares rose 19%. The company, which supplies fine papers to the tobacco industry, said Monday that it has resolved a property dispute with Delfortgroup over fire-safe cigarette paper. Schweitzer-Mauduit also said it established a licensing agreement with Delfortgroup.

Semgroup Corp.’s Class A shares gained 20%. Plains All American Pipeline L.P. /zigman2/quotes/207478323/composite PAA -0.21%  said Semgroup’s board rejected a $24-a-share buyout offer that would have valued the pipeline firm at $1.24 billion.

Silvercorp Metals Inc.'s /zigman2/quotes/209674256/composite SVM +5.49% U.S. shares added 18.5% to $9.62. The silver miner, which has been facing allegations of accounting fraud, announced Monday that a forensic report from KPMG Forensic Inc. supports the integrity of the company’s accounting system and financial reporting in China and North America.

WebMD Health Corp.'s shares added 11.5%. Billionaire investor Carl Icahn disclosed in an SEC filing on Friday a 7.9% stake in the company, which operates an online medical information website.

Decliners

Kimberly-Clark Corp.’s /zigman2/quotes/201766540/composite KMB +0.45%  stock was the top decliner on the S&P 500 Index, falling 4.6%. The Huggies diaper and Kleenex tissue maker cut its sales outlook and lowered the high-end of its 2011 profit forecast.

SXC Health Solutions Corp.'s shares dropped 23% following news of Cigna’s planned HealthSpring acquisition. News reports said SXC Health provides pharmacy benefit management software applications to HealthSpring, a service which may not be needed following the acquisition.

/zigman2/quotes/210598365/realtime
US : U.S.: Nasdaq
9,489.87
+120.88 +1.29%
Volume: 4.24M
May 29, 2020 5:16p
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/zigman2/quotes/210599714/realtime
US : S&P US
3,044.31
+14.58 +0.48%
Volume: 4.38B
May 29, 2020 5:14p
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/zigman2/quotes/203434128/composite
US : U.S.: NYSE
$ 120.13
-0.61 -0.51%
Volume: 4.28M
May 29, 2020 4:00p
P/E Ratio
12.71
Dividend Yield
3.43%
Market Cap
$65.02 billion
Rev. per Employee
$526,173
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/zigman2/quotes/210598065/realtime
US : Dow Jones Global
25,383.11
-17.53 -0.07%
Volume: 545.14M
May 29, 2020 5:14p
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/zigman2/quotes/209356097/composite
US : U.S.: Nasdaq
$ 46.62
+1.10 +2.42%
Volume: 968,550
May 29, 2020 4:00p
P/E Ratio
116.17
Dividend Yield
N/A
Market Cap
$4.94 billion
Rev. per Employee
$350,897
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/zigman2/quotes/200215692/composite
US : U.S.: NYSE
$ 9.07
-0.02 -0.22%
Volume: 24.51M
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$13.17 billion
Rev. per Employee
$707,724
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/zigman2/quotes/208431372/composite
US : U.S.: NYSE
$ 197.32
-3.25 -1.62%
Volume: 2.31M
May 29, 2020 3:59p
P/E Ratio
15.16
Dividend Yield
0.02%
Market Cap
$72.81 billion
Rev. per Employee
$658,753
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/zigman2/quotes/202180826/composite
US : U.S.: NYSE
$ 53.77
+0.15 +0.28%
Volume: 14.74M
May 29, 2020 3:59p
P/E Ratio
16.93
Dividend Yield
1.79%
Market Cap
$169.57 billion
Rev. per Employee
$289,197
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/zigman2/quotes/208081440/composite
US : U.S.: NYSE
$ 30.39
-0.80 -2.56%
Volume: 224,871
May 29, 2020 3:59p
P/E Ratio
10.41
Dividend Yield
5.79%
Market Cap
$948.03 million
Rev. per Employee
$297,286
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/zigman2/quotes/207478323/composite
US : U.S.: NYSE
$ 9.70
-0.02 -0.21%
Volume: 6.45M
May 29, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
7.42%
Market Cap
$7.06 billion
Rev. per Employee
$6.92M
loading...
/zigman2/quotes/209674256/composite
US : U.S.: NYSE American
$ 4.42
+0.23 +5.49%
Volume: 2.78M
May 29, 2020 4:00p
P/E Ratio
22.22
Dividend Yield
0.57%
Market Cap
$768.58 million
Rev. per Employee
$198,196
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/zigman2/quotes/201766540/composite
US : U.S.: NYSE
$ 141.44
+0.64 +0.45%
Volume: 1.95M
May 29, 2020 4:00p
P/E Ratio
20.66
Dividend Yield
3.03%
Market Cap
$48.17 billion
Rev. per Employee
$450,878
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Myra Saefong is a MarketWatch reporter based in San Francisco.

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