News

Chesapeake, Pfizer, Marriott, BlackBerry and RF Micro are big market movers

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Chesapeake Energy Corp., up 72 cents to $27.29

The energy company is considering selling or possibly spinning off its oilfield services unit to give shareholders more bang for their buck.

Pfizer Inc., up 53 cents to $31.99

The drugmaker’s Prevanar 13 pneumonia vaccine met primary and secondary goals in a study involving 85,000 patients aged 65 and up.

Marriott International Inc., up 96 cents to $53.47

Raymond James is telling investors not to fear the hotel chain’s rocketing share price, pointing to global demand in the hospitality sector.

Dillard’s Inc., down $5.73 to $83.60

The department store operator says markdowns designed to spur sales cut into its profitability in its fiscal fourth quarter.

Nasdaq

BlackBerry Ltd., up 69 cents to $9.83

The smartphone maker will make its messaging service available on the Windows Phone and announced a deal with Ford Motor Co.

Netflix Inc., up $14.77 to $447

A deal has been struck with Comcast, where the online entertainment steaming company uses a tremendous amount of broadband.

RF Micro Devices Inc., up 1.22 to $7.03

The chipmaker will merge with TriQuint Semiconductor to create a company that has combined revenue of more than $2 billion.

Jos. A Bank Clothiers Inc., up $4.99 to $60.04

Rival Men’s Wearhouse is stepping up its pursuit of the retailer, boosting its takeover offer by 10 per cent to $1.78 billion.