Monday, October 07, 2013 4:53 pm
Boeing and Outerwall are big market movers
The Associated Press
The Boeing Co., down 51 cents to $116.69
Japan Airlines buys its first-ever jets from Airbus in a deal worth $9.5 billion. It's a blow to Boeing, which had been JAL's supplier for decades.
Cooper Tire, down $3.79 to $25.72
Apollo Tires wants to trim its $2.5 billion purchase of the tiremaker due to costs not seen when it made the offer in June.
International Business Machines Corp., down $2.09 to $182.01
Barclays downgrades the stock citing concerns about the company's cash flow and negative impact of cloud computing on its business.
Apple Inc., up $4.72 to $487.75
The tech giant gets an upgrade from Jefferies, which says improving margins should help until the launch of the iPhone 6.
Outerwall Inc., up $2.26 to $59.36
Janna Partners takes a 13.5 percent stake in the automated vendor once known as Coinstar, and may seek a possible sale.
Facebook Inc., down 52 cents to $50.52
The social media company's stock gets a downgrade from Raymond James after its extended rally.
Cell Therapeutics, up 36 cents to $1.95
The drugmaker announces an agreement with regulators on a key trial for its drug pacritinib, a potential treatment for myelofibrosis.
Liquidity Services Inc., down $3.78 to $28.99
The online auctions company reported disappointing monthly sales data.