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Monday, November 16, 2009

Stock Advancers and Decliners November-16-09

Advancers

AK Steel Holding Corp. /quotes/comstock/13*!aks/quotes/nls/aks (AKS 18.92, +0.15, +0.80%) shares were up 7.9%, with commodity-related shares gaining after Federal Reserve Chairman Ben Bernanke bolstered expectations that interest rates would remain low.

Ciena Corp. /quotes/comstock/15*!cien/quotes/nls/cien (CIEN 13.05, -0.02, -0.15%) shares added 5.7% after Nortel Networks Corp.'s Friday announcement that it would delay the auction of its optical unit, which Ciena had bid $521 million for.

Devon Energy Corp. /quotes/comstock/13*!dvn/quotes/nls/dvn (DVN 70.99, +3.20, +4.72%) added 4.7% as the energy giant said it would concentrate on its domestic onshore business. Read more about Devon's plans to raise up to $7.5 billion from asset sales.

ExpressJet Holdings Inc. /quotes/comstock/13*!xjt/quotes/nls/xjt (XJT 3.56, +1.00, +39.06%) shares soared 41%, rallying after United Airlines said ExpressJet planes would fly under the United Express brand.

Kelly Services Inc. /quotes/comstock/15*!kely.a (KELY.A 11.03, +0.20, +1.85%) shares climbed 6%.

Ladish Co. /quotes/comstock/15*!ldsh/quotes/nls/ldsh (LDSH 13.53, +1.08, +8.68%) shares rose 8.7% after FBR Capital Markets upgraded the aerospace supplier from market perform to outperform.

Landry's Seafood Restaurants /quotes/comstock/13*!lny/quotes/nls/lny (LNY 19.05, +2.87, +17.74%) shares rose more than 18% after Pershing Square Capital Management on Friday reported a 9.6% stake in the restaurant chain. Read details about the activist hedge fund's buyout fight.

Massey Energy Co. /quotes/comstock/13*!mee/quotes/nls/mee (MEE 38.22, +2.14, +5.94%) shares gained 6.1%, with the coal producer among the session's top performers in the energy sector.

Nabi Biopharmaceuticals /quotes/comstock/15*!nabi/quotes/nls/nabi (NABI 4.60, +0.10, +2.22%) shares gained more than 26%. The company and a unit of GlaxoSmithKline Plc /quotes/comstock/13*!gsk/quotes/nls/gsk (GSK 41.90, +0.46, +1.11%) signed a licensing pact covering Nabi's experimental vaccine to treat nicotine addiction