Gainers:
Boeing Co. (BA) is up 0.61 percent to $85.70. Ryanair Holdings Plc (RYAAY, RYA.L) has reached a deal to buy 175 new Next Generation 737-800 airplanes. Once the deal is finalized, the agreement would be worth about $15.6 billion at current list prices.
Electronic Arts Inc. (EA) is up over 1 percent to $19.01. The company announced that John Riccitiello will step down as chief executive and as a member of board. The company also announced that it expects revenues and earnings per share for the current quarter to be at the low end of, or slightly below its prior guidance issued on January 30.
NPS Pharmaceuticals, Inc. (NPSP) is gaining more than 10 percent to $10.00. The company has re-gained the full worldwide rights to teduglutide and recombinant human parathyroid hormone 1-84. Takeda will receive NPS common stock valued at $50 million and will also earn a milestone payment.
Decliners:
Charter Communications, Inc. (CHTR) is down 0.55 percent to $97.50. Liberty Media Corp. (LMCA, LMCB) has entered into a definitive agreement with investment funds managed by, or affiliated with, Apollo Management, Oaktree Capital Management and Crestview Partners to acquire approximately 26.9 million shares and approximately 1.1 million warrants in Charter for approximately $2.617 billion, which represents an approximate 27.3 percent beneficial ownership in Charter and a price of $95.50 per share.
Lululemon Athletica Inc. (LULU) is falling 5 percent to $62.44 based on the news that it lowered its first quarter revenue and comparable-store sales forecast due to the recall of its signature black Luon fabric yoga pants and crops.
Affymax, Inc. (AFFY) is plunging 56 percent to $1.29. The company announced that it is considering all possible alternatives, including sale, corporate merger and even bankruptcy proceedings. The company also announced that it will reduce its workforce by approximately 75 percent, as part of a plan to focus its resources on the ongoing investigation of reported hypersensitivity reactions in patients receiving OMONTYS (peginesatide) Injection following the nationwide voluntary recall of the product from the market.
Cardinal Health, Inc. (CAH) is falling 8 percent to $42.30 following the news that its pharmaceutical distribution contract with Walgreen Co. (WAG) will end August 2013. Meanwhile, AmerisourceBergen Corp. (ABC) is up over 6 percent to $51.50 as Walgreen expands its existing relationship into a 10-year agreement with AmerisourceBergen for pharmaceutical distribution.
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