1/14/2013

Tuesday’s biggest gaining and declining stocks

NEW YORK (MarketWatch) � Shares of the following companies made notable moves in Tuesday�s U.S. stock market:

Advancers

BioMimetic Therapeutics Inc. BMTI �rose more than 9% after the company said a clinical trial of its treatment for rotator-cuff tears met its main safety endpoint.

Click to Play Political roadblocks to Greek deal

With a general election expected in Greece and an interim government acting as negotiators, the political obstacle toward a debt deal could be insurmountable. (Photo: Associated Press.)

Coinstar Inc. CSTR � shares climbed almost 14% a day after the parent of DVD-rental provider Redbox said it would join a venture with Verizon Communications Inc. VZ �to challenge to Netflix Inc. NFLX .

Coinstar also said it would purchase a rival DVD service run by NCR Corp. NCR . NCR�s shares rose 11.4%.

Regal-Beloit Corp. RBC �shares jumped almost 7% after the engine maker reported fourth-quarter profit and sales that topped market expectations.

Sears Holding Co. SHLD �rose 6.2% on published speculation the retailer was working with Goldman Sachs to find a buyer.

Standard Pacific Corp. SPF �shares gained 15.3% a day after the home builder reported fourth-quarter profit that topped expectations.

Decliners

Achillion Pharmaceuticals Inc. ACHN �shares declined 10.3% after Bank of America analysts downgraded the drug developer to underperform from buy. Read Biotech Stocks on Achillion.

Leggett & Platt Inc. LEG �shares retreated almost 6% after the diversified manufacturer said fiscal fourth-quarter earnings fell 72%.

Vishay Intertechnology Inc. VSH �shares fell 3% after the electronics-components maker reported disappointing fourth-quarter results.

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