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NYSE Euronext, JC Penney, Lowe's Are Big Movers

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


NYSE Euronext Inc., down $5.16 at $35.73

Nasdaq and IntercontinentalExchange withdrew their $11 billion bid for the parent of the New York Stock Exchange.

J.C. Penney Co., down $1.23 at $37.21

Net income rose nearly 7 percent at the department store chain thanks to cost-cutting and demand for its exclusive merchandise.

Lowe's Cos., down 92 cents at $24.84

The home improvement retailer posted earnings that missed expectations due to bad weather and poor economic conditions.

Rowan Cos., down 8 cents at $37.96

Mining company Joy Global said it will pay Rowan Companies $1.1 billion in cash for its mining drilling equipment maker LeTourneau.

Ford Motor Co., up 5 cents at $15.13

A Citi analyst upgraded the automaker's shares to "Buy," saying the company is able to charge higher prices for its vehicles.

Cliffs Natural Resources Inc., up $1.58 at $85.95

A Citi analyst reiterated his "Buy" rating on the mining company's stock saying that earnings are "poised to accelerate in 2012."


Orthovita Inc., up $1.10 at $3.83

The orthopedic implant and surgical products maker is being bought by rival Stryker Corp. for about $304 million in cash.

Benihana Inc., down $1.02 at $9.08

The Japanese restaurant chain said it is no longer considering putting itself up for sale.
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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