Shares of Diana Shipping(DSX Quote - Cramer on DSX - Stock Picks) fell 5% after the company completed a follow-on offering of 5 million shares at $13.50 a share. The offering represented a 4% discount to Tuesday's closing price of $14.08. The shipping transportation company also granted underwriters a 30-day option to purchase an additional 750,000 shares to cover over-allotments. Shares were trading down 77 cents to $13.31.
Lufkin Industries(LUFK Quote - Cramer on LUFK - Stock Picks) rose 8% after Standard & Poor's said it plans to add the provider of oil-field pumping units to its S&P 600 index after the close of trading Dec. 13. Lufkin will replace Spinnaker Exploration(SKE Quote - Cramer on SKE - Stock Picks), which is being acquired by Norway-based Norsk Hydro(NHY Quote - Cramer on NHY - Stock Picks). Shares of Lufkin recently gained $3.99 to $52.47. Navigant Consulting (NCI Quote - Cramer on NCI - Stock Picks) also got a boost from an S&P move. The consulting company will replace York International (YRK Quote - Cramer on YRK - Stock Picks) in the S&P MidCap 400 following the close of trading Friday. York is being acquired by Johnson Controls(JCI Quote - Cramer on JCI - Stock Picks). Navigant shares rose 8%, or $1.73, to $22.54. NYSE volume leaders included Pfizer(PFE Quote - Cramer on PFE - Stock Picks), down 4 cents to $21.10; International Coal(ICO Quote - Cramer on ICO - Stock Picks), down 22 cents to $11.11; XL Capital(XL Quote - Cramer on XL - Stock Picks), up 3 cents to $65.68; Exxon Mobil(XOM Quote - Cramer on XOM - Stock Picks), down 24 cents to $59.45; Newmont Mining(NEM Quote - Cramer on NEM - Stock Picks), up $1.08 to $49.83; Nokia(NOK Quote - Cramer on NOK - Stock Picks), up 15 cents to $17.82; Ford(F Quote - Cramer on F - Stock Picks), up 13 cents to $8.24; and Lucent Technologies(LU Quote - Cramer on LU - Stock Picks), down 6 cents to $2.80. Nasdaq volume leaders included Cisco Systems (CSCO Quote - Cramer on CSCO - Stock Picks), up 30 cents to $17.86; Sun Microsystems(SUNW Quote - Cramer on SUNW - Stock Picks), up 6 cents to $4.15; Intel(INTC Quote - Cramer on INTC - Stock Picks), down 33 cents to $26.34; Microsoft(MSFT Quote - Cramer on MSFT - Stock Picks), down 4 cents to $27.65; Sirius Satellite(SIRI Quote - Cramer on SIRI - Stock Picks), up 7 cents to $7.28; Apple Computer(AAPL Quote - Cramer on AAPL - Stock Picks), down 69 cents to $73.36; JDSU(JDSU Quote - Cramer on JDSU - Stock Picks), up 2 cents to $2.73; and Oracle(ORCL Quote - Cramer on ORCL - Stock Picks), down 4 cents to $12.48.Featured Photo Galleries
Sponsored by:



