RIM, TD Ameritrade, Imax are big market movers

Published July 26, 2011 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

Bridgepoint Education Inc., down $3.49 at $27.01

The online education company’s largest shareholder, private equity firm Warburg Pincus LLC, has put its entire stake up for sale.

Imax Corp., down $3.65 at $24.94

Stifel Nicolaus cut its price target on the big-screen movie company, saying results for the second half of 2011 may be weak.

Revlon Inc., down 78 cents at $18.30

A BMO Capital Markets analyst downgraded cosmetics maker Revlon Inc.’s shares, saying they are now fairly valued.

CNH Global NV, up $4.30 at $41.59

The farm equipment manufacturer’s second-quarter earnings topped estimates and the company raised its outlook.

Nasdaq

Research In Motion Ltd., down $1.24 at $26.67

The Blackberry maker is cutting 2,000 jobs, or 10 percent of its workforce, as part of a cost savings plan announced last month.

TD Ameritrade Holding Corp., up 35 cents at $19.96

The Wall Street Journal reported that the online-brokerage firm is discussing a possible acquisition of rival E-Trade.

Westinghouse Solar Inc., up 29 cents at $1.54

The company signed a deal with homebuilder Lennar Corp. to provide its solar power systems to new home buyers.

Quepasa Corp., up 48 cents at $9.81

Shares of the social networking website firm continued to rise after last week’s deal to buy a company that runs myyearbook.com.

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