Midday movers: News Corp, Apollo, Sapient

Stocks climb slightly as reports show that home prices rose in many U.S. cities, but consumer confidence fell.

By MSN Money Partner Jun 26, 2012 1:41PM
Information provided by Theflyonthewall.com

News Corp. (NWSA) confirmed multiple reports that the company is considering a restructuring to separate its business into two distinct publicly traded companies, splitting its publishing assets from its entertainment businesses. Investors responded positively, sending shares up more than 6%.

Among the notable gainers Tuesday was Apollo Group (APOL), up more than 7%, following its better-than-expected earnings report, and Supernus Pharmaceuticals (SUPN), which saw its share price more than double after the company received a tentative approval letter from the FDA for its Trokendi XR drug.

Among the noteworthy losers were Valueclick (VCLK), down 9%, after being downgraded at Piper Jaffray, which cited slowing ad network growth, and Sapient (SAPE), down nearly 6%, following a downgrade to a "sell" rating at Goldman Sachs, which cited the company's high exposure to the financial segment and Europe.
Tags: APOLNWSA
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

126
126 rated 1
286
286 rated 2
474
474 rated 3
680
680 rated 4
626
626 rated 5
609
609 rated 6
620
620 rated 7
462
462 rated 8
304
304 rated 9
132
132 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
BIDUBAIDU Inc10
BXTHE BLACKSTONE GROUP L.P10
CELGCELGENE CORP10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.