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.
Alpha Natural Resources Inc. (ANR US) fell the most in the Standard & Poor’s 500 Index, erasing 3.6 percent to $19.72. The second-largest U.S. coal producer was cut to sell from fairly valued at CRT Capital Group LLC.
ATP Oil & Gas Corp. (ATPG US) rallied 19 percent, the most since March 2009, to $8.47. The drilling company said its oil production at a Mississippi Canyon well met expectations.
Bank of America Corp. (BAC US) rose the second-most in the Dow Jones Industrial Average, climbing 2 percent to $8.04. The second-biggest U.S. lender by assets and a group of investors that reached an $8.5 billion mortgage-bond settlement with the bank won their bid to remove the case from a federal with the judge and return it to state court.
Cheniere Energy Partners LP (CQP US) rose 13 percent to $23.70, the highest price since January 2011. The Houston-based company said Blackstone Group LP agreed to invest $2 billion toward construction of a $5 billion natural-gas export terminal. Cheniere will use the proceeds to fund the Sabine Pass liquefaction project and the purchase of the Creole Trail pipeline from Cheniere Energy Inc. (LNG US), the company said in a statement. Cheniere Energy Inc. jumped 12 percent to $15.67.
Cooper Tire & Rubber Co. (CTB US) advanced 14 percent, the most since March 2009, to $17.80. The tire maker reported fourth-quarter sales of $1.05 billion, beating the average analyst estimate of $1.02 billion in a Bloomberg survey.
Dendreon Corp. (DNDN US) slumped 21 percent, the most since Nov. 3, to $11.81. The maker of the prostate-cancer drug Provenge said its January orders were weaker than in previous quarters.
InvenSense Inc. (INVN US) dropped 10 percent to $15.98. The supplier of motion-processing equipment used in Nintendo Co. video-game devices and its stockholders intend to sell $110 million of shares, according to a regulatory filing.
Medco Health Solutions Inc. (MHS US) rose 3.7 percent to $66.52, the highest price since January 2010. Express Scripts Inc.’s (ESRX US) acquisition of the pharmacy-benefits manager is likely to close by the end of first half without “material” issues from the Federal Trade Commission, Jefferies Group Inc. said in a note. Express Scripts gained 1.2 percent to $53.05.
Micron Technology Inc. (MU US) rallied 7.7 percent, the most in the Standard & Poor’s 500 Index, to $8.56. Rival Elpida Memory Inc., the last Japanese maker of computer-memory chips, filed for the nation’s biggest bankruptcy in two years after semiconductor prices plunged and it failed to win a second government bailout.
Whirlpool Corp. (WHR US) advanced 6.7 percent to $76.10, the highest level since July 14. The world’s largest appliance maker will beat analysts’ estimates for 2012 earnings as profit recovers, Cleveland Research said in a note after meeting with the management.