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The Journal Gazette

Tuesday, September 17, 2013 5:04 pm

Aeropostale and Safeway are big market movers

The Associated Press

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:


Safeway Inc., up $2.95 to $30.99

The grocer adopted a plan to prevent a hostile takeover. Jana Partners disclosed that it had amassed a 6.2 percent stake in Safeway's outstanding shares.

Aeropostale Inc., up $1.56 to $10.17

Private equity firm Sycamore Partners disclosed an 8 percent stake in the teen retailer, making it the company's third-largest shareholder.

Huntsman Corp., up 36 cents to $19.50

The chemical maker will pay $1.1 billion to buy the performance additives and titanium dioxide businesses from Rockwood Holdings.

3D Systems Corp., up $3.45 to $53.51

Credit Suisse initiated coverage of the 3-D printing industry, with 3D Systems as its top pick.


Werner Enterprises Inc., down $1.02 to $23.39

The transportation company issued a warning, saying its third-quarter profits may come in below expectations due to rising costs.

Outerwall Inc., down $6.48 to $49.49

The operator of Redbox DVD rental kiosks and Coinstar coin-counting machines cut its outlook for the current quarter and full year.

Kythera Biopharmaceuticals Inc., up $8.42 to $41.95

The company said a drug intended to treat double chins met its goals in two late-stage clinical studies.

Microsoft Corp., up 13 cents to $32.93

The world's largest software company announced a $40 billion stock buyback program and a dividend hike.