Bank of America and Oramed are big market movers

Published on NewsOK Modified: January 2, 2014 at 4:03 pm •  Published: January 2, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Bank of America Corp., up 53 cents to $16.10

Analysts with Citigroup see a strong tailwind for the bank if the U.S. economy extends its rebound.

USG Corp., up 3 cents to $28.41

Warren Buffett's Berkshire Hathaway has taken an active stake in the building materials company through conversion shares.

Newmont Mining Corp., up 93 cents to $23.96

Gold prices rebounded on the first trading day of 2014, rising almost 2 percent, after the worst year for mines in more than a decade.

Sprint Corp., down 35 cents to $10.40

Cowen & Co. downgraded the carrier after a big, late-year rally, but it also raised its price target to $8.25 from $7.50.

Nasdaq

Urban Outfitters Inc., up 68 cents to $37.78

Jefferies & Co. named the teen clothing retailer as a top pick in the sector for 2014 after what was a choppy year.

Cell Therapeutics Inc., up 8 cents to $1.99

The drugmaker received notice from the FDA that a partial clinical hold on its potential blood-related cancer treatment tosedostat has been removed and studies on the drug may continue.

Oramed Pharmaceuticals Inc., up $2.77 to $18.20

Australia and Isreal have issued new patents on "a core concept" of the company's technology for the oral delivery of drugs and vaccines.

Plug Power Inc., up 78 cents to $2.33

The alternative energy technology provider met its quarterly targets and anticipates first-quarter bookings will be even better.



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