Microsoft, Stein Mart, Apollo Group are big movers

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

NYSE

Bridgepoint Education Inc., up $3.31 at $15.92

The for-profit education company said that its Ashford University was granted initial accreditation for five years.

Eldorado Gold Corp., up 65 cents at $6.69

Shares of the gold production and mining company rose as prices for the precious metal jumped.

IntraLinks Holdings Inc., up $1.13 at $9.93

The technology company said that it received notice that an investigation by the Securities and Exchange Commission has ended.

Nasdaq

Microsoft Corp., up 99 cents at $35.69

The software maker is reshuffling its business in order for it to innovate faster and focus on devices and services.

Stein Mart Inc., up $1.22 at $14.98

Thanks to strong sales of women's clothing, the retailer's June revenue at stores open at least a year climbed 6.5 percent.

Destination Maternity Corp., up $1.24 at $28.99

The maternity clothing company said that its revenue during the fiscal third quarter increased 2 percent to $141.9 million.

Power Solutions International Inc., up $6.05 at $43.50

The alternative-fuel power systems maker said a public offering of about 1.8 million shares of common stock was priced at $35 a share.

Apollo Group Inc., up $1.08 at $18.97

The for-profit education company said the accreditation of its University of Phoenix subsidiary was renewed through the 2022-2023 academic year.

Source: http://news.yahoo.com/microsoft-stein-mart-apollo-group-210236975.html

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