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Saks, Monsanto, Lions Gate Are Big Movers

The Associated Press

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

NYSE

Saks Inc., up $1.30 at $7.90

Shares soared after a London newspaper said private equity firms could make a bid for the luxury retailer.

Monsanto Co., down $3.25 at $52.65

The world's largest seed company said it expects full year earnings at the low end of its previous expected range.

Lions Gate Entertainment Corp., up 65 cents at $7.14

Activist investor Carl Icahn raised his bid for the film studio, driving up shares to a new 52-week high.

Peabody Energy Corp., up 88 cents at $42.79

Shares of the coal mining company rose after Standard & Poor's Equity Research recommended the company's stock, citing positive trends in the coal industry.

Skilled Healthcare Group Inc., up 89 cents at $3.36

Shares of the nursing facility operator rebounded after the company indicated it may be near a settlement over alleged safety violations.

Comerica Inc., up 97 cents at $34.41

A Baird analyst upgraded his rating, saying a recent sell-off of the regional bank was too steep given its improved credit trends and growth expectations.

NASDAQ

Mediacom Communications Corp., down $1.05 at $5.80

The head of the cable television company said he has withdrawn a proposal to take it private after its board rejected his latest offer.

Winn-Dixie Stores Inc., down $1.46 at $6.56

The grocery chain lowered its outlook for the year and reported that revenue at stores open at least a year fell in the fiscal fourth quarter.

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 This material may not be published, broadcast, rewritten or redistributed.

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SYM TRADE IT LAST %CHG
SKS $0.00 0.00%
BTU $7.90 6.33%
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MON $120.43 0.38%

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