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TheStreet Open House

Beazer, Sears, KBR Are Big Market Movers

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

NYSE

Beazer Homes USA Inc., down 25 cents at $5.37

Homebuilders' stocks took a hit after a real estate index said home prices dropped in October, and economists expect more declines in 2011.

Rare Element Resources Ltd., up $1.21 at $12.94

Shares of the North American "rare earths" miner jumped after China said it would cut exports of the minerals used in high-tech products.

KBR Inc., up $1.39 at $30.90

An analyst upgraded the engineering and construction firm, saying rising commodity prices should boost demand for its services.

Hecla Mining Co., up 58 cents at $11.24

A jump in gold and silver prices boosted shares of the metal miner, which owns mines in Idaho and Alaska.

NASDAQ

BioSante Pharmaceuticals Inc., down 39 cents at $1.61

The drug and vaccine maker plans to raise $18 million by selling common stock and warrants to purchase common stock.

Sears Holdings Corp., up $1.60 at $70.02

The owner of Sears and Kmart launched an online streaming video service that lets customers download new movies.

Santarus Inc., up 10 cents at $3.27

Shares climbed after the drug developer said it submitted an application for FDA approval of Rhucin, a treatment for a rare genetic disorder.

Alphatec Holdings Inc., up 16 cents at $2.69

A Stifel Nicolaus analyst said the medical device maker's new CFO would help usher in positive changes for the company.

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 This material may not be published, broadcast, rewritten or redistributed.

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