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Chevron, Walgreen, RIM Are Market Movers

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


Chevron Corp., up $2.05 at $93.54

A Raymond James analyst reiterated his "Strong Buy" rating on the oil company after it got approval for a new platform off Australia.

RealD Inc., up 71 cents at $12.22

A Merriman Capital said the 3D technology company is a takeover target, or may be taken private, since its shares are so low.

Ivanhoe Mines Ltd., up $2.53 at $17.08

Miner Rio Tinto PLC said it bought another 3.7 million shares of the gold and copper miner, raising its stake to 49 percent.

Walgreen Co., down $2.26 at $33.77

The drugstore operator's earnings met expectations, but it said there was no progress in extending a lucrative deal with Express Scripts.

Cliffs Natural Resources Inc., up 70 cents at $60.77

The Cleveland-based mining company said it is closing and selling an underperforming biomass production plant in Michigan.

Las Vegas Sands Corp., up $1 at $44.69

A Deutsche Bank analyst said casinos in Macau, the only place gambling is legal in China, could see their revenues rise in October.


Research In Motion Ltd., up 97 cents at $22.65

Shares of the BlackBerry maker rose after rumors spread that billionaire investor Carl Icahn has bought a stake in the company.

Rush Enterprises Inc., up 45 cents at $15.85

Morgan Keegan upgraded the commercial vehicle dealership operator saying that it may benefit from a higher demand for heavy trucks.
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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