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Sprint, Safeway, Oshkosh Are Market Movers

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


Sprint Nextel Corp., up 72 cents at $5.76

The cellphone company said that Softbank, the Japanese mobile phone company, is in talks to make an investment in the U.S. company.

Safeway Inc., down 58 cents at $15.71

The grocer said that its profit margin slipped in the third quarter as it spent money on launching a new customer loyalty program

Zep Inc., up 26 cents at $14.70

The maker of pest and weed control products and disinfectants said that its fiscal fourth-quarter net income jumped 79 percent.

Barnes & Noble Inc., up $1.07 at $16.01

Shares of the book seller rose a day after its CEO said advance orders of its new Nook e-readers are much higher than for earlier models.

Oshkosh Corp., up $3.05 at $29.90

Billionaire investor Carl Icahn plans to make an unsolicited bid for the truck maker that values the company at almost $3 billion.

Cantel Medical Corp., down $3.15 at $24.60

The maker of anti-infection equipment for hospitals said that its net income more than doubled in its fiscal fourth quarter.

Arch Coal Inc., up $1.08 at $7.94

The coal mining company's shares rose after a Dahlman Rose & Co. analyst predicted that demand may rise from Chinese steel makers.


Fastenal Co., up $3.57 at $45.89

The seller of nuts, bolts and other fasteners said its third-quarter net income rose 13 percent, boosted by higher sales.

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 This material may not be published, broadcast, rewritten or redistributed.

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