Tuesday's biggest gaining and declining stocks
7/10/12 4:35 PM ET (MarketWatch)
CHICAGO (MarketWatch) -- Here are some of Tuesday's most active gaining and declining stocks:
U.S.-listed shares of ASML Holding NV(ASML) rose 8.5%, gaining after Intel Corp. (INTC) agreed to buy a 15% equity stake in the Dutch chip maker for about $3.1 billion, and agreed to commit a further $1 billion to research and development.
Shares of A. Schulman Inc. (SHLM) were up 8.7% after the company issued an earnings forecast for the fiscal year that surpassed most projections.
BioMimetic Therapeutics Inc. (BMTI) added more than 23% to $3.46. The company said it has submitted information previously sought by the Food and Drug Administration related to its application for premarket approval of its bone-graft product.
Coldwater Creek Inc. shares (CWTR) surged more than 53% Tuesday to 80 cents after the women's clothing retailer received a liquidity boost from Golden Gate Capital.
magicJack Vocaltec Ltd. (CALL) shares rose 9.3% after the company reported second-quarter earnings earlier and raised its full-year financial forecast.
Zep Inc. (ZEP) shares were up 8% on better-than-expected third-quarter earnings.
Advanced Micro Devices Inc.'s stock (AMD) fell 11%. Late Monday, the company said it now expects to report lower-than-forecast revenue for the second quarter.
Beazer Homes USA Inc. (BZH) shares fell 12%. The company said late Monday that it plans to sell $75 million of new stock. It said it would use the proceeds to help fund the purchase of $100 million of potential land investments in Florida, California, Texas, North Carolina and Arizona, and for general corporate purposes.
Cummins Inc. (CMI) shares fell more than 8.9% Tuesday after the maker of fuel and electrical-power generation systems said it now expects 2012 revenues to be in line with 2011 compared with its previous guidance of an increase of 10%.Read commentary about Cummins's overseas growth sputtering.
Destination Maternity Corp. (DEST) shares were down 20% after the company reduced its forecast for the third quarter, citing softer-than-expected sales.
Forest Oil Corp.'s stock (FST) was down almost 10% after the company said it would cut oil production in its East Texas and Panhandle positions.
Helen of Troy Corp. (HELE) shares dropped 14%. Earlier, the company said that fiscal first-quarter earnings fell 4.6% and it cut its profit outlook for all of fiscal 2013.
James River Coal Co. (JRCC) shares fell 25%. The company was among a group of coal companies under pressure after Patriot Coal filed for Chapter 11 bankruptcy protection from creditors late Monday.
J.C. Penney Co. (JCP) stock fell almost 6% after Credit Suisse doubled its adjusted second-quarter loss estimate for the department store operator.
MAKO Surgical Corp. (MAKO) shares fell 43%. Goldman Sachs analysts downgraded the stock to neutral from buy. Late Monday, the company scaled back on system sales for 2012 as a result of slower-than-forecast growth over the first half.
Mattson Technology Inc. (MTSN) shares slid 32% to $1.14 after the company reduced its second-quarter sales and earnings forecasts.