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Alcoa, Williams-Sonoma, Dendreon Are Big Movers

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


Alcoa Inc., up 44 cents at $13.38

The CEO of the aluminum producer said, in a Financial Times interview, that he expects long-term demand for the metal to grow faster than supply.

Humana Inc., down $1.24 at $56.81

The health insurer expects its 2011 earnings per share to fall by about a dollar from this year.

Williams-Sonoma Inc., down $3.71 at $32.09

The home furnishings retailer raised its guidance because it expects ample holiday sales, but investors were expecting an even brighter outlook.

Cardinal Health Inc., up $2.09 at $36.56 The drug wholesaler is buying drug distributor Kinray Inc. for $1.3 billion in a push to expand its business in the Northeast.


Dendreon Corp., up $2.36 at $38.23

A panel of experts effectively recommended the government's Medicare program pay for the company's $93,000 prostate cancer drug, Provenge.

Staples Inc., up 39 cents at $20.47

The office products retailer said lower expenses and higher revenue boosted quarterly net income by 7 percent.

DryShips Inc., up 40 cents at $5.59

Third-quarter profit jumped and the shipping company said business should improve on its offshore oil rigs.

SmartHeat Inc., down 65 cents at $5

The Chinese company, which makes energy-saving products, offered 5 million common shares to investors.
Copyright 2010 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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