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Netflix, Medicis, Korn/Ferry 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:

NYSE

Consol Energy Inc., down $1.37 at $28.83

The coal and natural gas company is temporarily idling its coal mine in Virginia because of weaker global demand for steel.

Medicis Pharmaceutical Corp., up $12.09 at $43.65

The dermatology products maker agreed to be bought by Valeant Pharmaceuticals International Inc. in a $2.6 billion deal.

Heckmann Corp., up $1.02 at $3.71

The water management firm is buying privately held Power Fuels in a $381 million deal to raise its foothold in the fracking market.

Korn/Ferry International, up 78 cents at $15.08

The staffing firm said it purchased Global Novations LLC in a move to bolster its leadership and talent consulting business.

Accretive Health Inc., up 79 cents at $12.68

The company, which helps hospitals manage their revenue, said that its board approved the repurchase of $50 million in stock.

Nasdaq

Netflix Inc., down $3.79 at $55.93

Amazon.com, which has a rival online streaming service to Netflix, signed a deal with Epix to license movies from Paramount, MGM and Lionsgate.

Tower Semiconductor Ltd., up 81 cents at $8.71

The chip maker expanded its product-making deal with Vishay Intertechnology for five years. Tower expects it will boost its revenue.

Medivation Inc., up $4.35 at $109.21

The drugmaker said that it received approval from the Food and Drug Administration for its drug Xtandi, which treats prostate cancer.

Stock quotes in this article: AH, CNX, HEK, KFY, MDVN, NFLX, VRX 
Copyright 2011 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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