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Diamond, Edwards Lifesciences, Intel, Rosetta, Vulcan: U.S. Equity Movers

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.
Financial shares retreated as Moody’s Investors Service said it will review the ratings of all  European Union countries.

Bank of America Corp. (BAC) declined 4.7 percent, the most in the Dow Jones Industrial Average, to $5.45. JPMorgan Chase & Co. (JPM) fell 3.4 percent to $32.04. Morgan Stanley (MS) slipped 6.1 percent to $15.38. Citigroup Inc. (C) dropped 5.4 percent to $27.22.

Cheniere Energy Inc. (LNG) jumped 5.5 percent to $10.04, the highest price since Nov. 30. Gail India Ltd. (GAIL IN) agreed to buy 3.5 million metric tons of liquefied natural gas a year for two decades from the Houston-based liquefied-natural- gas company.

Diamond Foods Inc. (DMND) fell the most since its initial public offering in July 2005, sliding 23 percent to $31.30. The snack maker, which is undergoing an internal probe into whether money paid to walnut growers violated accounting rules, fell after the Wall Street Journal reported that some farmers questioned explanations of payments. Paul Kranhold, an outside spokesman for Diamond, said the payments were confidential and the company wouldn’t comment further.

Edwards Lifesciences Corp. (EW) climbed 5.1 percent, the most since Oct. 20, to $67.85. The maker of products to treat late-stage cardiovascular disease was raised to “buy” from “hold” at Canaccord Genuity Corp., which cited a “robust” product pipeline and a better-than-expected 2012 forecast from management.

Endo Pharmaceuticals Holdings Inc. (ENDP) rose 6 percent to $36.04, the highest price since Aug. 1. The drugmaker said the U.S. Food and Drug Administration approved a new formulation for its crush-resistant Opana painkiller.

Fuelcell Energy Inc. (FCEL) jumped 15 percent, the most since Sept. 7, to $1.09. The maker of low-pollution power plants agreed to partner with Abengoa SA to develop localized stationary fuel cell power plants for Europe and Latin America.

Intel Corp. (INTC) dropped the most since Aug. 18, erasing 4 percent to $24. The world’s largest maker of semiconductors cut its forecast for fourth-quarter revenue, saying supply shortages for hard drives are prompting computer producers to cut orders for other components.

Applied Materials Inc. (AMAT) , the largest producer of chipmaking equipment, fell 6.1 percent to $10.52.

Onyx Pharmaceuticals Inc. (ONXX) tumbled 4 percent, the most since Nov. 1, to $39. The pharmaceutical company’s experimental cancer drug carfilzomib will get a standard review from U.S. regulators, instead of an accelerated process sought by the company. The Food and Drug Administration said the company hadn’t conducted the clinical trials necessary for the quicker review.

Rosetta Resources Inc. (ROSE) fell 12 percent, the most since March 2009, to $44.66. The oil and natural gas producer had its share-price estimate cut to $53 from $55 by Howard Weil Inc., which said the company’s planned capital spending for next year is “much higher than we expected.”

Salesforce.com Inc. (CRM) slipped 6.3 percent, the most since Nov. 18, to $116.07. The largest maker of online customer- management software was cut to “underperform” from “neutral” at Cowen & Co. LLC.

Vulcan Materials Co. (VMC) rallied 15 percent to $38.70 for the biggest increase in the Standard & Poor’s 500 Index. Martin Marietta Materials Inc. (MLM) , a supplier of crushed stone, offered to buy the producer of construction aggregates, asphalt mix and concrete for about $36.69 a share, or $4.7 billion.

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