Puma Biotechnology, Cliffs are big market movers

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

NYSE

Puma Biotechnology Inc. (PBYI), down $27.33 to $197.67

The biotechnology company said it will delay filing for marketing approval until 2016 for an experimental breast cancer drug.

Abercrombie & Fitch Co. (ANF), up 97 cents to $28.81

The clothing and apparel retailer reported better-than-expected quarterly profit, but its revenue fell short of forecasts.

Cliffs Natural Resources Inc. (CLF), up 44 cents to $8.60

The mining company is selling off coal assets in West Virginia as it continues to shift more toward being an iron ore supplier.

Transocean Ltd. (RIG), up 19 cents to $19.57

The offshore drilling services company and its peers saw shares rise as oil prices rose slightly following a period of decline.

See more here:
Puma Biotechnology, Cliffs are big market movers