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Lululemon, Chesapeake, Vail Are Market Movers

Stocks in this article: BTU CHK IBI JPM LULU MTN PCX SAFM SPRD

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


Chesapeake Energy Corp., up 54 cents at $16.35

Activist investor Carl Icahn bought a 7.6 percent stake in the natural gas producer and pressed it to overhaul its board of directors.

Vail Resorts Inc., up $2.39 at $43.88

A Stifel Nicolaus analyst upgraded shares of the ski resort operator to a "Buy" rating citing encouraging season pass sales.

Patriot Coal Corp., up 14 cents at $2.60

The mining company said its chief executive officer is leaving as concerns rise that the company could run short of cash.

Interline Brands Inc., up $7.14 at $25.08

The maker of products used by locksmiths and contractors agreed to be acquired by two private equity groups for $810.9 million.

Peabody Energy Corp., up $1.34 at $25.22

A Goldman Sachs analyst upgraded the mining company citing an expected rebound in coal prices and stronger demand in China.


Spreadtrum Communications Inc., up $1.71 at $18.20

A JPMorgan analyst upgraded the Chinese chip maker's shares, saying that its chips will be in several of China Mobile's phones.

Sanderson Farms Inc., down $1.65 at $52.66

Shares of the chicken processor fell even as it said it returned to a second-quarter profit as its revenue rose from a year earlier.

Lululemon Athletica Inc., up $2.51 at $74.57

A Sterne Agee analyst maintained his "Buy" rating on the athletic and yoga apparel maker citing its innovation and store growth.

Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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