Delta, Walgreen, Diedrich Coffee Are Big Movers
The Associated Press
NEW YORK (AP) ¿ The following stocks were among those that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
Delta Air Lines Inc., up 67 cents to $9.29A Delta executive said the carrier would be careful to keep capacity on pace with demand and urged other airlines to do the same. GameStop Corp., down $1.97 at $21.87 Wal-Mart is offering deals on video games and the Nintendo Wii leading up the holidays, which could undercut GameStop's sales. Walgreen Co., down $1.17 at $38.20 The drug store operator posted disappointing November sales. Analysts said plans to improve stores and product lines are hurting results. Newpark Resources Inc., up 51 cents at $3.16 A Raymond James analyst upgraded the company, which treats and disposes of oilfield waste, to "outperform" on prospects of higher profits. Constellation Brands Inc., down 48 cents at $16.77 A Goldman Sachs analyst downgraded the wine and spirits company to "sell," saying consumers are spending less on alcohol. NASDAQ: Diedrich Coffee Inc., up $1.16 at $35.13 The coffee company is the target of a bidding war between Green Mountain Coffee Roasters Inc. and Peet's Coffee & Tea Inc. Dyax Corp., up 73 cents at $4.23 It received Food and Drug Administration approval to market Kalbitor for treatment of the genetic disorder hereditary angioedema. Santarus Inc., up 37 cents at $4.66 The Food and Drug Administration approved Merck's over-the-counter version of the Santarus prescription heartburn drug Zegerid.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass Plus 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV