Apple, Office Depot, LDK Solar are market movers

Published September 17, 2012

| Associated Press

Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Office Depot Inc., up 13 cents at $2.60

Investment firm Starboard Value said it bought a 13.3 percent stake in the office supply retailer, becoming its largest shareholder.

Waste Connections Inc., up $3.14 at $32.81

The solid waste services company said it is buying R360 Environmental Solutions, a waste treatment firm, for about $1.3 billion.

LDK Solar Co. Ltd., down 4 cents at $1.20

The solar equipment maker's second-quarter loss widened, hurt by a drop in the market price for polysilicon, solar cells and modules.

American Vanguard Corp., up $2.86 at $33.87

The agricultural products company said its board of directors declared a semiannual cash dividend of 7 cents per share.

Nasdaq

Apple Inc., up $8.50 at $699.78

The company's shares reached an all-time high after it said preorders for its new iPhone 5 topped two million in 24 hours.

Bloomin' Brands Inc., up 65 cents at $15.05

A Jefferies analyst started coverage of the restaurant operator's stock with a "Buy" rating saying it may outperform rivals.

Complete Genomics Inc., up 35 cents at $3.02

Chinese genomics company BGI-Shenzhen said it will buy the maker of DNA-sequencing technology for about $113.1 million.

Iris International Inc., up $6.12 at $19.54

Health care manufacturer Danaher Corp. said it agreed to buy the medical test maker in a deal worth nearly $341 million.

URL

http://www.foxnews.com/us/2012/09/17/apple-office-depot-ldk-solar-are-market-movers/