The floor of the New York Stock Exchange is empty of traders, Monday, Oct. 29, 2012, in New York. All major U.S. stock and options exchanges will remain closed Monday with Hurricane Sandy nearing landfall on the East Coast. Trading has rarely stopped for weather. A blizzard led to a late start and an early close on Jan. 8, 1996, according to the exchange's parent company, NYSE Euronext. The NYSE shut down on Sept. 27, 1985 for Hurricane Gloria. (AP Photo/Richard Drew)

Office Depot, Suntech, Panasonic are big movers

Published: 08:40:58 PM, Mon 18 March 2013 UTC

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

NYSE

Office Depot Inc., up 6 cents at $4.07

A KeyBanc Capital Markets analyst upgraded shares of the office supplies retailer to a "Buy," citing its merger with OfficeMax Inc.

Panasonic Corp., up 21 cents at $7.37

Japanese newspaper Nikkei reported that the electronics maker may sell its TV unit. Panasonic said that "nothing has been decided."

The Greenbrier Cos. Inc., up 46 cents at $21.93

A Stifel analyst upgraded his stock rating on the railcar company to "Buy" from "Hold" and set a price target of $26.

Suntech Power Holdings Co. Ltd., down 6 cents at 64 cents

The Chinese solar panel manufacturer said it defaulted on a $541 million bond payment as the global solar industry struggles.

Nasdaq

Sterling Construction Co. Inc., down 43 cents at $10.61

The contractor for road, water and sewer projects posted a profit in the fourth quarter, but its results missed expectations.

Palomar Medical Technologies Inc., up 55 cents at $13.17

Cynosure is buying Palomar in a $294 million deal. Both companies make cosmetic laser and intense pulsed light systems products.

STMicroelectronics NV, up 27 cents at $7.91

Up to 1,600 workers will be laid off as the chipmaker and Swedish wireless equipment maker Ericsson end a joint venture.

Edac Technologies Corp., up $1.26 at $17.70

The aerospace company agreed to sell itself to an affiliate of private equity firm Greenbriar Equity Group for about $93.2 million.

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