Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Monday on the New York Stock Exchange and Nasdaq Stock Market.
Allied Capital Corp., down $2.72 at $25.52
The company received a request for information from the U.S. attorney in Washington in connection with a criminal investigation.
Four Seasons Hotel Inc., down $1.60 at $81.45
Analysts said the Asian earthquake and tidal waves would adversely effect the hotel chain’s earnings from properties in the region.
Target Corp., up $1.43 at $51.93
Investors bought up retail stocks on word that the holiday shopping season was better than previously expected.
Meta Group Inc., up $3.34 at $9.32
The technology consultancy is to be bought by larger rival Gartner Inc. for $10 per share, or $162 million.
Taylor Devices Inc., up $1.52 at $4
The maker of seismic protection products surged on anticipated orders stemming from the Asian earthquake.
Sharper Image Corp., down $3.85 at $19.29
The company lowered its fourth-quarter and 2004 profit outlooks due to disappointing holiday sales.