Friday’s Biggest Gaining And Declining Stocks

Friday’s Biggest Gaining And Declining Stocks
Market News
Like Us On Facebook
Like Us On Facebook

Shares of the following companies were among those making notable early moves in Friday’s U.S. stock market:

Advancers

Eastman Kodak Co.’s EK +9.51%  shares rose 12% a day after the struggling photography company said it would sell its gelatin business.

Rambus Inc.’s RMBS +14.62%  shares climbed 15% after the memory-chip designer late Thursday said it signed a licensing pact with Broadcom Corp. BRCM -0.24% .

SunPower Corp.’s SPWR +8.38%  shares gained 8% after the solar-power company said it would acquire Tenesol, a unit of French oil company Total SA TOT +1.55% , for $165.4 million. As part of the deal, Total agreed to buy 18.6 million shares of SunPower at $8.80 a share, a 50% premium to where the stock closed Thursday.

TripAdvisor Inc. TRIP +5.16%   shares rose 5.2% after UBS initiated coverage with a neutral rating of the online travel firm recently spun off from Expedia Inc. EXPE +0.93%  

Decliners

Skyline Corp.’s SKY -8.32%  shares slid 8.3% after Standard & Poor’s said late Thursday that Exterran Holdings Inc. EXH -4.51%   would replace it in the S&P SmallCap 600 index as of the close of trading on Dec. 30.

Kate Gibson | Market Watch

Share Tweet
React
Like Us On Facebook
Like Us On Facebook

Preston Waters

Preston Waters is a thinker. He's not your traditional philosophical persona, however, as he leaves no topic untouched. Covering all the bases, from business to women, Preston Waters is the ultimate man's man for Gen-Y.

More In Market News

News Preston Waters

Stocks Off to Stellar Start in May

Stocks were kicking off May in high style Tuesday, posting sharp gains after a much better-than-expected report on U.S. manufacturing activity. The Dow Jones Industrial Average was rising 103 points, or 0.8%, at 13,317, after hitting a four-year high at 13,338. The S&P 500 was up 14 points, or 1%, at 1413, and the Nasdaq was adding 23 points, or 0.7%, at […]

News Preston Waters

Bank Of America, JPMorgan: Dow Midday Movers

U.S. stocks were rising in midday action Tuesday following a better-than-expected read on U.S. manufacturing activity.The Dow Jones Industrial Average was up more than 116 points, or 0.9%, at 13,330. The biggest percentage gainers within the Dow were Bank of America (BAC), JPMorgan Chase (JPM) and Intel (INTC). Shares of Bank of America rose 2.59% to $8.32. The bank said Tuesday it plans to lay […]

News Preston Waters

Monster Stocks Soar Amid Rumors Coca-Cola Is Set To Buy Energy Drink

Monster Beverage Corp’s shares soared on Monday following a report that Coca-Cola Co. was considering buying the energy drink maker. The Wall Street Journal cited unnamed people in reporting that the world’s biggest soft drink maker was in talks to buy Monster. If a deal transpired, Monster would be Coca-Cola’s largest brand acquisition ever. Monster declined […]

News Preston Waters

Stocks Surge After Strong Manufacturing Report

Stocks were surging in morning action Tuesday after a much better-than-expected report on the pace of national manufacturing activity in April.The Dow Jones Industrial Average was rising 80 points, or 0.6%, at 13,294. The S&P 500 was up 12 points, or 0.8%, at 1410, and the Nasdaq was adding 29 points, or 1%, at 3075. Stocks finished modestly lower Monday, marking […]

News Preston Waters

Bank Of America Keeps Shrinking

Bank of America (BAC)’s plan to lay off some of its highest-paid executives looks like the right response to the current banking environment. The Wall Street Journal reported Tuesday the bank will cut 2,000 positions in its investment banking, commercial banking and non-U.S. wealth-management units targeting “the high-earning employees whose efforts helped Merrill Lynch account for the bulk of […]

News Preston Waters

Stock Market Story: May 1

The first trading day of May got off to a mixed start early Tuesday with all three major U.S. equity indices honing to close to the flat line ahead of a key report on the pace of U.S. manufacturing activity in April. The Dow Jones Industrial Average was down 9.5 points, or 0.07%, at 13,204.The S&P 500 was up less than a […]

Also On Elite

Money

Why Entrepreneurs Need To Be More Selfish With Their Time

The best thing you can do as an entrepreneur is to be selfish. Invest in yourself. Say “no” more than you say “yes.” Why? If you are constantly letting the world control how you spend your time, you’ll soon find you won’t have any time to do the things you’ve been meaning to do. What […]

Women

How #GamerGate Spiraled Into A Terrifying War On Women In The Gaming World

Let’s start this off with a quick rundown of what it means to be a feminist. What Feminism IS NOT: 1. The belief that women shouldn’t be sexy/shouldn’t make an effort to look attractive 2. Man-hating 3. The fight to prove superiority to males 4. Self-righteousness 5. A hoard of angry women running around causing a […]

World

Man Wears ‘F*ck The Police’ Shirt To Court, Still Wins His Case

The best way to get a fair trial is probably not by wearing a “F*ck the Police” shirt to court. But that’s exactly what Michael Burns of Broward County, FL, did when he believed he was wrongly brought to court. The self-described citizen journalist says he witnessed local police abusing their privileges. Soon after, he was pulled […]

World

Number Of People Who May Have Been Exposed To Ebola In Texas Surges To 100

As many as 100 people came into contact with Thomas Eric Duncan or his family before the first Ebola patient in the US was hospitalized. Although some reports are saying there were 80 people potentially exposed, those reports exclude the 12 t0 18 already under careful watch. It’s unclear whether Duncan was showing symptoms of the disease before […]