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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 This material may not be published, broadcast, rewritten or redistributed.

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JEF $0.00 0.00%
AAPL $93.64 -0.11%
PXD $165.61 -0.29%
SONC $34.77 1.16%
WAG $81.65 2.05%


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