HEADLINE STOCKS-Some U.S. stocks on the move on Oct. 9
(Updates to afternoon trading)
NEW YORK, Oct 9 (Reuters) - Some U.S. stocks on the move on Friday:
OCCIDENTAL PETROLEUM CORP (OXY.N), $79.60, down 0.6 pct
CITIGROUP INC (C.N), $4.61, down 0.9 pct
Occidental struck a deal to buy Citigroup's commodities trading unit, Phibro, for roughly its net asset value. [ID:nN0930601]
KIMBERLY-CLARK CORP (KMB.N), $58.06, flat
I-FLOW CORP (IFLO.O), $12.59, up 7.1 pct
Kimberly-Clark agreed to buy I-Flow in a deal with a total value of about $276 million. [ID:nN0947524]
AK STEEL HOLDING CORP (AKS.N), $19.72, up 1.4 pct
Deutsche Bank upgraded the stock to "buy" from "hold" and said the company was an attractive acquisition candidate. [ID:nBNG515086]
SUNRISE SENIOR LIVING INC (SRZ.N), $4.59, up 39 pct
The company will sell 21 of its assisted living communities to an affiliate of rival Brookdale Senior Living Inc (BKD.N) for $204 million. [ID:nBNG194047]
ACORDA THERAPEUTICS INC (ACOR.O), $16.93, down 24 pct
The company's proposed drug to help multiple sclerosis patients walk better appears to have a 'very limited effect' even though the drug met its main clinical trial goals, U.S. regulatory staff said in documents. [ID:nN0946890]
SCIENTIFIC LEARNING CORP (SCIL.O), $5.78, up 70 pct
The company reported its preliminary third-quarter results. [ID:nBNG465303] Continued...
