Shares of the following companies had unusual moves in U.S. trading. Stock symbols are in parentheses, and prices are as of 4 p.m. in New York.
Coal and energy companies fell on concern the economy is slowing after a Commerce Department report showed sales of U.S. new homes fell to the lowest level on record. Peabody Energy Corp. (BTU US) fell 2.3 percent to $42.23. Arch Coal Inc. (ACI US) slipped 1.9 percent, to $21.98. Consol Energy Inc. (CNX US) lost 1.9 percent to $32.15. MacArthur Coal Ltd. (MACDF US) retreated 5.7 percent to $10.13.
Massey Energy Co. (MEE US) slipped 3.4 percent to $29.14. Cabot Oil & Gas Corp. (COG US) declined 2.5 percent to $27.97. Rowan Cos. (RDC US) dropped 2.3 percent to $25.02. Alpha Natural Resources Inc. (ANR US) retreated 2.4 percent to $36.44.
Allied Irish Banks Plc (AIB US) slid 4.3 percent to $1.99, the lowest price since April 2009. The Irish lender was removed from the benchmark Stoxx Europe 600 Index, Stoxx Ltd. said.
American Eagle Outfitters Inc. (AEO US) soared 7.9 percent, the most since Oct. 8, to $13.48. The young-adult clothing retailer said that it will close as many as 100 underperforming stores and that sales gained in the back-to-school shopping season.
AMR Corp. (AMR US) slipped 3.1 percent to $6.04, the lowest price since Nov. 30. Mechanics at the company’s American Airlines unit gave union leaders authority to call a strike as their labor group rejected a three-year contract that would have boosted members’ pay.
Brown Shoe Co. (BWS US) fell 14 percent, the most since April 2009, to $11. The operator of Famous Footwear stores said increased costs will hurt profit margins in the second half of the year.
Coldwater Creek Inc. (CWTR US) rose the most since its initial public offering in 1997, surging 42 percent to $4.75. The women’s clothing retailer said third-quarter earnings may be as much as 4 cents a share, compared with the average analyst estimate of 3 cents. The company also reported second-quarter earnings of 2 cents a share, compared with analysts’ estimate of a loss of 4 cents.
Dominion Resources Inc. (D US) slid 1.8 percent to $43.15 for the biggest loss since July 29. Morgan Stanley lowered its recommendation on the owner of Virginia’s largest utility to “underweight” from “equal weight.”
D.R. Horton Inc. (DHI US) climbed 4.6 percent to $10.43, the third-biggest gain in the Standard & Poor’s 500 Index. The second-largest U.S. homebuilder by revenue was raised to “buy” from “neutral” at Ticonderoga Securities LLC.
Medtronic Inc. (MDT US) gained 2.1 percent to $31.87, the biggest increase since July 30. The world’s largest maker of heart devices was raised to “neutral” from “sell” at Miller Tabak & Co.
OneBeacon Insurance Group Ltd. (OB US) climbed 11 percent to $15.68, the biggest surge in a year. The Minnetonka, Minnesota-based insurer declared a special and regular dividend totaling $2.71 a share after selling two assets in December and July.
Raven Industries Inc. (RAVN US) advanced 8.1 percent, the most since May 21, to $34.03. The Sioux Falls, South Dakota- based maker of equipment for agricultural sprayers posted second-quarter earnings of 46 cents a share, beating the 42-cent average of two analysts surveyed by Bloomberg.
Somaxon Pharmaceuticals Inc. (SOMX US) rose 29 percent, the most since March 18, to $4.34. The San Diego-based drugmaker said it and Procter & Gamble Co. have entered into a co-promotion agreement for Silenor, an insomnia treatment.
Toll Brothers Inc. (TOL US) rallied 5.8 percent, the most since May 10, to $17.13. The largest U.S. luxury homebuilder unexpectedly reported its first quarterly profit since 2007 after a tax benefit and drop in writedowns.
Other homebuilders rose. Lennar Corp. (LEN US) advanced 3.5 percent to $13.35, while Pulte Group Inc. (PHM US) rose 3.1 percent to $8.08. KB Home (KBH US) increased 4.6 percent to $10.50. MDC Holdings Inc. (MDC US) climbed 4.4 percent to $27.52.
VeriFone Systems Inc. (PAY US) advanced 8.5 percent, the most since May 27, to $24.32. The provider of electronic payment technology raised its fiscal 2010 profit forecast to as much as $1.27 a share, higher than the $1.15 average of seven estimates in a Bloomberg survey.