HCA to join S&P 500

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HCA Holdings Inc. (NYSE: HCA) will be added to the S&P 500 after closing bell today to replace Safeway Inc. (NYSE: SWY). Shares of HCA soared $4.36 to close at $73.00 while Safeway stock eased 19 cents to close at $35.10.

Post to buy MOM Brands

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Post Holdings Inc. (NYSE: POST) will pay approximately $1.15 billion in cash and stock to purchase MOM Brands. The stock price leaped $7.39 to close at $48.83.


Brookdale Senior Living Inc. (NYSE: BKD) lowered its full year guidance sending the stock price tumbling $2.79 to close at $33.92.


Seagate's revenue falls short

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Seagate Technology Public Limited Co. (Nasdaq: STX) reported higher second quarter revenue and earnings of $2.78 per diluted share compared with $1.24 per diluted share in the year ago period but revenue fell short of analyst expectations.  Shares of the data storage solutions manufacturer plummeted $5.25 to $58.73.

MeadWestvaco merges with Rock-Tenn

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MeadWestvaco Corp. (NYSE: MWV) will merge with Rock-Tenn Co. (NYSE: RKT) to form a $16 billion company. Shares of MeadWestvaco leaped $6.77 to $51.81 while Rock-Tenn stock surged $4.23 to $67.22.


Ocwen settles with California

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Ocwen Financial Corp. (NYSE: OCN) will pay $2.5 million to settle a mortgage compliance dispute with the California Department of Business Oversight. The stock price climbed 87 cents to $7.22.


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BlueMountain Capital Management said that it shorted shares of Ocwen Financial Corp. (NYSE: OCN) sending the stock price plummeting $1.30 to close at $6.35.

Profit taking weighs down FXCM

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Profit taking weighed down shares of FXCM Inc. (NYSE: FXCM) 73 cents to close at $2.37.


Infinera swings to profit

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Infinera Corp. (Nasdaq: INFN) swung to a better than expected profit for the fourth quarter of 6 cents per diluted share compared with a loss of 8 cents per diluted shares in the year ago period as revenue rose. The stock price leaped $2.59 to close at $16.99.


LeapFrog warns of losses

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LeapFrog Enterprises Inc. (NYSE: LF) warned of losses for the third quarter as revenue fell far short of expectations prompting a downgrade. Shares of the educational entertainment company tumbled $1.25 to $2.65.

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