J.C. Penney, Crocs, Suntech are big movers

J.C. Penney, Crocs, Suntech, Corrections Corp. are big market movers on Tuesday

Associated Press

NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

J.C. Penney Co., down $1.94 at $13.93

The troubled department store chain ousted CEO Ron Johnson and replaced him with his predecessor, Mike Ullman.

Corrections Corp. of America, up $1.06 at $39.03

The prison operator said that its board declared a special dividend of about $6.63 per share.

Cliffs Natural Resources Inc., up $1.66 at $20.45

Shares of the mining company rose after a weekend Barron's article said its shares might double in the next year.

Suntech Power Holdings Co. Ltd., up 14 cents at 62 cents

Bloomberg News said a Chinese news service reported that Warren Buffett may be interested in buying the solar company.

Nasdaq

A. Schulman Inc., down $3.82 at $25.93

The plastic compounds supplier's fiscal second-quarter results were hurt by Europe's economic problems.

Crocs Inc., down 45 cents at $15.06

A Stifel Nicolaus analyst said in a note to clients that the footwear maker's sales might be hurt by cool early spring weather.

Staar Surgical Co., up 60 cents at $6.11

The implantable lens maker expects to report about $18 million in sales during the first quarter, more than Wall Street expected.

Ziopharm Oncology Inc., up 9 cents at $1.71

The developer of cancer treatments reported encouraging results from a preclinical trial of one of its cancer therapies.

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