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Pharmasset, RIM, Regeneron are big market movers

November 21, 2011

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NEW YORK—Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Mattel Inc., down 63 cents at $27.76

The toy maker's cheif executive Robert Eckert will retire at the end of the year and be replaced by its chief operating officer.

Cooper Industries PLC, up $1.37 at $53.51

The electrical products maker is being added the S&P 500 Index, replacing asset-management company Janus Capital Group.

Nasdaq

Pharmasset Inc., up $61.47 at $134.14

Gilead Sciences agreed to buy the drug developer for about $11 billion in a big bet on its experimental hepatitis C treatments.

Expedia Inc., down 56 cents at $26.90

The online travel company bought Renren Inc.'s interest in Chinese online travel company eLong Inc. for about $72.4 million.

BSD Medical Corp., up 44 cents at $3.06

The cancer treatment developer said that the Food and Drug Administration approved its device that helps treat cervical cancer.

The biopharmaceutical company said that the Food and Drug Administration approved its treatment for age-related vision loss.

Research In Motion Ltd., down 83 cents at $17.36

A JMP Securities analyst downgraded the BlackBerry maker's stock rating saying that it faces competition from cheaper smartphones.

A Sterne Agee analyst lowered the pawn shop operator's price target to $36 saying clients might not be able to pay off loans in a weak economy.