Deere, Suntech, TiVo are big market movers

Published November 24, 2011 by
Business - Wall Street

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

NYSE

Deere & Co., up $2.80 at $74.72

Strong sales of the company’s farm equipment boosted its fourth-quarter profit. It also said it expects better results next year.

Yingli Green Energy Holding Co. Ltd., up 42 cents at $3.96

The Chinese solar energy company increased its estimates for photovoltaic module shipments for the year on increased demand.

Suntech Power Holdings Co. Ltd., down 19 cents at $2.43

The solar panel maker posted a third-quarter loss of $116.4 million amid falling prices. It also warned of increasing competition.

Nokia Corp., down 9 cents at $5.47

The mobile phone maker’s joint venture, Nokia Siemens Networks, will slash 17,000 jobs to cut $1.3 billion in costs by 2013.

Diana Shipping Inc., down 23 cents at $7.38

The Greek shipping company said its third-quarter net income fell 22 percent as the company made less money chartering its fleet.

Boston Scientific Corp., up 1 cent at $5.32

The medical device maker said it received U.S. approval to launch its latest drug-coated stent for patients with clogged arteries.

Nasdaq

TiVo Inc., down 19 cents at $9.38

The company, which sells set-top boxes that record, rewind and fast-forward live TV, said that its third-quarter loss widened.

Diamond Foods Inc., down $7.17 at $27.80

A member of the snack maker’s audit committee reportedly committed suicide. The company is in the midst of an accounting probe.

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