Best Buy, Nokia, Tesla, Steinway, Intuit are big market movers Monday

July 1, 2013 at 9:35PM

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

NYSE

Best Buy Co. Inc., up $2.41 at $29.74

A Credit Suisse analyst resumed his coverage of the electronics chain and raised its price target as it works on a turnaround plan.

Steinway Musical Instruments Inc., up $4.85 at $35.28

The New York-based piano maker is being acquired by private equity firm Kohlberg & Co. for about $438 million.

Nokia Corp., up 12 cents at $3.86

The mobile phone maker said that it will buy Siemens AG's half of their joint network operations in a $2.22 billion deal.

CoreLogic Inc., up $1.88 at $25.05

The real estate data provider is buying two other housing data firms for $661 million, to help broaden its services.

NASDAQ

Tesla Motors Inc., up $9.82 at $117.18

A Jefferies analyst backed her "Buy" rating of the electric car company, saying deliveries may beat the company's estimates.

Intuit Inc., up $2.11 at $63.15

The maker of Turbo Tax software will sell its business that provides software to financial institutions in a $1.03 billion deal.

Onyx Pharmaceuticals Inc., up $44.51 at $131.33

The drug developer confirmed that it received and rejected an unsolicited takeover bid from drugmaker Amgen Inc.

Canadian Solar Inc., up 81 cents at $11.80

The solar company said that it will exclusively provide solar modules for a solar power plant project in Thailand.

about the writer

about the writer

More from Business

See More
card image
Fairview Health Services

The school is changing an elective course while still working with the Eden Prairie-based health care giant after students raised concerns.

This transmission electron microscope image shows SARS-CoV-2, the virus that causes COVID-19, isolated from a patient in the U.S., emerging from the surface of cells cultured in the lab. (NIAID/TNS) ORG XMIT: 1659810
card image