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TheStreet Open House

Citigroup, MBIA, Apple Among Big Movers

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

NYSE

Citigroup Inc., up 19 cents at $4.30

The bank will sell its private equity units and the management of certain funds as it reduces its noncore divisions and riskier assets.

MBIA Inc., up 74 cents at $7.17

A top fund manager, Bruce Berkowitz, said he owned an 11 percent stake in the bond insurer, or 22.7 million shares.

Ivanhoe Mines Ltd., up $2.02 at $16.45

The company stepped up its battle with major shareholder Rio Tinto PLC with plans to kill a measure that limits it from adding investors.

NASDAQ

Brooks Automation Inc., up $1.01 at $9.03

The chip equipment maker expects fiscal third and fourth-quarter results to surpass Wall Street's expectations.

ADC Telecommunications Inc., up $3.67 at $12.52

Tyco Electronics Ltd. plans to acquire the networking equipment maker for $12.75 a share, a hefty premium over Monday's closing price.

VIVUS Inc., up $1.79 at $12.44

The FDA said the company's experimental drug helped people lose weight, bringing it closer to approval.

Apple Inc., down $5.49 at $251.80

Consumer Reports magazine did not recommend the cmopany's latest iPhone because of antenna reception problems.

Amedisys Inc., down $8.45 at $26.57

An analyst downgraded the home health care provider because of a weak outlook and government scrutiny of its Medicare billing practices.

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 This material may not be published, broadcast, rewritten or redistributed.

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