Bulletin
Investor Alert

New York Markets Open in:

Movers & Shakers Archives | Email alerts

July 21, 2011, 4:57 p.m. EDT

Thursday’s biggest gaining and declining stocks

Medco, Morgan Stanley, Genworth Financial, Travelzoo

new
Watchlist Relevance
LEARN MORE

Want to see how this story relates to your watchlist?

Just add items to create a watchlist now:

  • X
    Alexion Pharmaceuticals Inc. (ALXN)

or Cancel Already have a watchlist? Log In

By Sue Chang and Kate Gibson, MarketWatch

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

Advancers

Alexion Pharmaceuticals /zigman2/quotes/206262068/composite ALXN -2.09%   climbed 9% after the biotech firm raised its 2011 financial forecast. It now sees revenue of $745 million and $755 million, up from its previous forecast of $720 million to $740 million due largely to strong sales growth for its hematology treatment Soliris. Adjusted earnings are now expected to come in at $1.10 to $1.15 a share, up from $1.05 to $1.12 a share.

Datalink Corp.’s  shares surged 13% after the data-storage provider projected a robust third quarter.

Medco Health Solutions Inc.’s  shares jumped 14.4% after Express Scripts Inc.   said it would acquire the rival pharmacy-benefits manager for $29.1 billion in cash and stock. Express gained 5.3%. Read more about Express Scripts’s deal for Medco Health.

Morgan Stanley’s /zigman2/quotes/209104354/composite MS -1.76%  shares jumped 11.4% after the investment bank reported a loss in the second quarter that was narrower than analysts had expected. See related story on Morgan Stanley

Motorola Mobility /zigman2/quotes/208287560/composite MMI -2.96%  climbed 12.4% after a filing from billionaire investor Carl Icahn recommended that the company “explore alternatives” for its portfolio of wireless patents. The filing stated that Icahn believes the company’s patent portfolio, “which is substantially larger than Nortel Networks’ and includes numerous patents concerning 4G technologies, has significant value.” Read more about Icahn's filing about Motorola Mobility.

SFN Group Inc.’s  shares shot up 51% on news that the company will be bought by Dutch company Randstad Holding NV /zigman2/quotes/202421454/delayed NL:RAND -2.03% for about $770 million.

Shares of Sino-Global Shipping America Ltd. /zigman2/quotes/200129943/composite SINO -1.83%  rocketed 42.7% after the company reported Wednesday that it reached a strategic cooperation agreement with COSCO Container Shipping Agency.

Robert Half International Inc. /zigman2/quotes/209666445/composite RHI -0.33%  shares surged more than 15% on strong quarterly earnings. Read more on Robert Half’s results

Scholastic /zigman2/quotes/205063902/composite SCHL -1.07%  shares jumped 11% after the company reported quarterly earnings that beat analysts’ outlook. The publisher and educational services company reported it earned adjusted earnings of 82 cents a share in the fourth quarter, marginally down from 84 cents a share a year earlier. However, it still beat the average forecast of 76 cents a share profit by analysts in a FactSet survey.

Decliners

AmerisourceBergen /zigman2/quotes/201066379/composite ABC +0.02%  shares fell 6% on worries that the company’s lucrative contract with Medco Health Solutions could be in jeopardy now that it is being acquired by Express Scripts.

Click to Play

Tech boom lives at car dealers

Expensive high-end cars have been flying off the lots since the end of June in the Bay Area. Apple and Intel employees are among the best customers, one local dealer says. But it's the boom in anticipated IPOs for companies like Zynga and Facebook that car dealers are banking on.

F5 Networks Inc.’s /zigman2/quotes/209237881/composite FFIV -0.22%  shares declined 11.3% after the software company late Wednesday reported third-quarter results that disappointed. Read more on F5 results

Genworth Financial Inc.’s /zigman2/quotes/204924015/composite GNW -10.98%  shares dropped more than 13% a day after the insurer reported a second-quarter loss amid worsening trends in its mortgage-guarantee business. Read about Genworth’s move to bolster reserves

Meridian Bioscience /zigman2/quotes/202928219/composite VIVO +1.17%  stumbled 17% after the diagnostic-testing company lowered its 2011 revenue and earnings outlook. Read about Meridian’s weaker outlook

Seagate Technology PLC’s /zigman2/quotes/201824240/composite STX +0.97%  shares fell almost 17% a day after the maker of computer disk drives forecast first-quarter earnings below estimates. Read details on Seagate’s outlook

Travelzoo Inc. /zigman2/quotes/208830603/composite TZOO -1.41%  skidded more than 34% after the company reported quarterly earnings that were below analysts’ estimates. The Internet travel and media company reported second-quarter profit of $4.92 million, or 30 cents a share, while analysts surveyed by FactSet had projected earnings of 38 cents. Read about reason behind Travelzoo’s retreat

/zigman2/quotes/206262068/composite
US : U.S.: Nasdaq
$ 114.13
-2.44 -2.09%
Volume: 2.75M
Sept. 17, 2020 4:00p
P/E Ratio
30.50
Dividend Yield
N/A
Market Cap
$25.55 billion
Rev. per Employee
$1.56M
loading...
/zigman2/quotes/209104354/composite
US : U.S.: NYSE
$ 50.25
-0.90 -1.76%
Volume: 7.53M
Sept. 17, 2020 4:02p
P/E Ratio
9.08
Dividend Yield
2.79%
Market Cap
$80.65 billion
Rev. per Employee
$831,709
loading...
/zigman2/quotes/208287560/composite
US : U.S.: NYSE
$ 28.51
-0.87 -2.96%
Volume: 173,317
Sept. 17, 2020 4:00p
P/E Ratio
21.23
Dividend Yield
N/A
Market Cap
$1.16 billion
Rev. per Employee
$980,525
loading...
/zigman2/quotes/202421454/delayed
NL : Netherlands: Euronext Amsterdam
45.96
-0.95 -2.03%
Volume: 159,291
Sept. 18, 2020 1:32p
P/E Ratio
29.28
Dividend Yield
0.00%
Market Cap
€8.59 billion
Rev. per Employee
N/A
loading...
/zigman2/quotes/200129943/composite
US : U.S.: Nasdaq
$ 1.61
-0.03 -1.83%
Volume: 65,166
Sept. 17, 2020 3:59p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$6.10 million
Rev. per Employee
$1.28M
loading...
/zigman2/quotes/209666445/composite
US : U.S.: NYSE
$ 53.89
-0.18 -0.33%
Volume: 547,116
Sept. 17, 2020 4:03p
P/E Ratio
16.88
Dividend Yield
2.52%
Market Cap
$6.20 billion
Rev. per Employee
$27,270
loading...
/zigman2/quotes/205063902/composite
US : U.S.: Nasdaq
$ 21.34
-0.23 -1.07%
Volume: 323,041
Sept. 17, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
2.81%
Market Cap
$737.29 million
Rev. per Employee
$186,600
loading...
/zigman2/quotes/201066379/composite
US : U.S.: NYSE
$ 96.81
+0.02 +0.02%
Volume: 722,324
Sept. 17, 2020 4:00p
P/E Ratio
12.77
Dividend Yield
1.74%
Market Cap
$19.76 billion
Rev. per Employee
$8.23M
loading...
/zigman2/quotes/209237881/composite
US : U.S.: Nasdaq
$ 123.26
-0.27 -0.22%
Volume: 710,906
Sept. 17, 2020 4:00p
P/E Ratio
23.12
Dividend Yield
N/A
Market Cap
$7.56 billion
Rev. per Employee
$494,894
loading...
/zigman2/quotes/204924015/composite
US : U.S.: NYSE
$ 3.08
-0.38 -10.98%
Volume: 12.77M
Sept. 17, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$1.75 billion
Rev. per Employee
$2.47M
loading...
/zigman2/quotes/202928219/composite
US : U.S.: Nasdaq
$ 15.59
+0.18 +1.17%
Volume: 561,202
Sept. 17, 2020 4:00p
P/E Ratio
15.36
Dividend Yield
0.00%
Market Cap
$660.51 million
Rev. per Employee
$363,706
loading...
/zigman2/quotes/201824240/composite
US : U.S.: Nasdaq
$ 49.14
+0.47 +0.97%
Volume: 2.67M
Sept. 17, 2020 4:00p
P/E Ratio
12.95
Dividend Yield
5.29%
Market Cap
$12.49 billion
Rev. per Employee
$263,814
loading...
/zigman2/quotes/208830603/composite
US : U.S.: Nasdaq
$ 8.39
-0.12 -1.41%
Volume: 44,262
Sept. 17, 2020 4:00p
P/E Ratio
N/A
Dividend Yield
N/A
Market Cap
$96.25 million
Rev. per Employee
$263,796
loading...

Sue Chang is a MarketWatch reporter in San Francisco. Kate Gibson is a reporter for MarketWatch, based in New York.

This Story has 0 Comments
Be the first to comment
More News In
Markets

Story Conversation

Commenting FAQs »

Partner Center

World News from MarketWatch

Link to MarketWatch's Slice.