SAN FRANCISCO (MarketWatch) — Shares of the following companies made notable moves in the U.S. stock market on Thursday:
For-profit educators finished higher: Apollo Group Inc. shares rose 0.7%; Career Education Corp. shares gained 4.9%; Corinthian Colleges Inc. (NAS:COCO) shares were ahead 5.4%.
BlueLinx Holdings Inc. (NYS:BXC) shares climbed 17% to $3.98 after Cerberus Capital Management LP increased its bid for the building-products distributor.
Edwards Lifesciences Corp. (NYS:EW) shares gained 13.2% after a study concluded the company’s valve prevented significantly more deaths than standard treatment.
Leap Wireless International Inc. (NYS:LEAP) shares rose 8.4% after the pay-as-you-go mobile phone carrier said it was losing fewer customers.
Petroleo Brasileiro SA (NYS:PBR) U.S. shares gained 2.5% after news that the Brazilian oil giant is planning to price what would be the largest share offering on record. Read more about the planned share sale.
Red Hat Inc. shares rose 9% after the seller of the Linux operating system late Wednesday reported a second-quarter profit that exceeded analysts’ estimates.
Boehner and the GOP agenda
With House Republicans set to release their agenda Thursday, Monica Langley has details and profiles the GOP leader in the House, John Boehner, who might be the next speaker if Republicans gain power in November.
Scholastic Corp. (NAS:SCHL) shares were up 4.7% after the children’s publishing firm said it would repurchase as much as $150 million in stock.
Steelcase Inc. (NYS:SCS) shares gained 10.7% after the office-furniture company reported a profitable second quarter.
SunPower Corp. shares rose 10.3% after the maker of solar modules said it had a contract to build a solar energy park in Delaware.
Tessco Technologies Inc. (NAS:TESS) shares gained 23% after Discovery Group offered to acquire the rest of the provider of wireless communications equipment, according to Bloomberg News, which cited a regulatory filing.
Washington Post Co. gained 4.3% after the publishing company announced a share buyback.
Blockbuster Inc. shares fell 22% to 4 cents after the movie-rental company filed for Chapter 11 bankruptcy protection.
Copart Inc. (NAS:CPRT) shares declined 10.7% after the online auction site for recovered autos reported a quarterly profit beneath expectations.
Novell Inc. shares declined 6.6% after Reuters reported the software maker’s auction process was not going well.
Rite Aid Corp. (NYS:RAD) shares fell 14% to 95 cents after the drugstore chain reported a second-quarter loss and said same-store sales for the quarter fell from the year-ago period.