Big Lots, US Airways, AIG are market movers

Published March 6, 2012 by
Business - Wall Street

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

NYSE

American International Group Inc., up 59 cents at $30.39

The insurer is selling part of its stake in AIA Group, raising $6 billion, as it repays its $182 billion government bailout.

Superior Industries International Inc., up $1.14 at $18.95

Fourth-quarter net income at the auto parts maker jumped 30 percent on higher sales and a tax benefit. Its revenue beat expectations.

Big Lots Inc., up $1.44 at $44.15

A Wedbush analyst raised her price target on the discount retailer $3 to $50, citing the company’s strong fourth-quarter results.

CF Industries Holdings Inc. Co., down $10.27 at $177.98

A Citi analyst downgraded the fertilizer maker’s rating to “Neutral” from “Buy” because it may have locked in gas prices too soon.

Nasdaq

Nature’s Sunshine Products Inc., up $2.34 at $16.97

The nutrition supplement maker reported a $7.6 million fourth-quarter profit, reversing a loss in the same quarter last year.

Leap Wireless International Inc., down 79 cents at $9.76

A Sanford Bernstein analyst downgraded the parent of the Cricket cellphone service citing the company’s intense competition.

Archipelago Learning Inc., up $2.05 at $11.09

Education software maker Plato Learning will buy the online education company for about $291 million to increase its customers.

US Airways Group Inc., down 64 cents at $6.99

The airline’s passenger revenue growth slowed in February. It may be having a hard time raising fares to offset higher oil prices.

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