NEW YORK (AP) â¿¿ Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market: NYSE 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." NASDAQ 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.
Shares of Benihana (Nasdaq:BNHN) have taken a tremendous swing upward. The stock is trading at $16.15 as of 10:05 a.m. ET, 21.4% above Monday's closing price of $13.30. Volume is at 1.7 million, 31.1 times the daily average of 55,900.
Shares of Benihana (Nasdaq:BNHN) were gapping up Wednesday morning with an open price 16.7% higher than Tuesday's closing price. The stock closed at $14.22 yesterday and opened today's trading at $16.59.