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TheStreet Open House

Sonic, Walgreen, Patriot Coal Are Big Movers

NEW YORK (AP) â¿¿ Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

Sonic Corp., down 77 cents at $8.52

The drive-through restaurant chain's third quarter results fell short of analyst expectations as beef costs rise.

Walgreen Co., down $1.97 at $28.17

The drugstore chain's higher costs related to health care rules and an acquisition hurt third quarter net income.

Biovail Corp., up $2.11 at $18.78

The drugmaker is combining with Valeant Pharmaceuticals International in a cash-and-stock deal.

Lincare Holdings Inc., up $1.59 at $32.35

The home respiratory therapy company's board has approved the start of quarterly cash dividends of 20 cents.

Jefferies Group Inc., up $1.30 at $24.17

The bank's second quarter net income jumped past analyst expectations on strong investment banking revenue.

Patriot Coal Corp., down $2.72 at $13.48

The coal company is permanently closing a valuable mine early because of a cave-in that damaged its main conveyor belt.

Pioneer Natural Resources, down $4.06 at $66.97

A media report said the company would sell interest in a Texas shale field to India's energy giant Reliance Industries Ltd.

Apple Inc., up $3.68 at $273.85

The computer and mobile device maker said it has sold 3 million iPads in less than three months.

Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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