NEW YORK (MarketWatch) -- Shares of the following companies made notable moves in the stock market on Tuesday:
FuelCell Energy /zigman2/quotes/203763461/composite FCEL +6.30% shares jumped 15.5% to $3.65, along with shares of other clean-technology firms, as the Washington Times reported industry players are calling for more support from the U.S. government.
Imperial Sugar Co. shares rallied 16.7% to $2.65. The sugar processor settled a property-insurance claim for a February 2008 industrial accident at a Georgia refinery for $345 million. In a statement issued late Monday, Imperial said it would report a gain of $278 million before taxes for the first quarter ending Dec. 31. The company also said it would receive a final $45 million payment on the claim early in January. Imperial's insurers had provided advance claim payments of $300 million.
Shares of ailing trucking company YRC Worldwide /zigman2/quotes/202845157/composite YRCW -4.35% gained 8.4% to $1.03 after the firm said it was extending a debt for equity offer to help it shore up some capital.
Compugen /zigman2/quotes/207656860/composite CGEN +3.85% shares slumped 11%, giving up some of their 27% advance in the previous session after the company said it has discovered a new drug target for the potential treatment of cancerous tumors.
LGL Group Inc. /zigman2/quotes/202735214/composite LGL +4.42% fell 9% amid broad weakness in the technology sector, said it will host an investor conference call to discuss current business activities.
Trimeris Inc. shares slumped 17%. Arigene Co. said Tuesday it intends to terminate its tender offer to acquire all outstanding Trimeris stock due to financing problems.