Wednesday, July 11, 2007

Dendreon, ENSCO, Noble, GlobalSantaFe, Innovo, Savient: U.S. Equity Movers

(Bloomberg) -- The following is a list of companies
whose shares are having unusual price changes in U.S. exchanges
today. Stock symbols are in parentheses after company names.
Share prices are as of 9:30 a.m. New York time.

Oil-service companies: Merrill Lynch & Co. downgraded some
oil-service companies on concern that oil prices will fall and
producer demand will wane. Noble Corp. (NE US), GlobalSantaFe
Corp. (GSF US) and Diamond Offshore Drilling Inc. (DO US) were
cut to ``neutral'' from ``buy.'' Shares of Noble, the fourth-
largest U.S. oil and gas driller by market value, fell $1.64, or
1.6 percent, to $99.55. Shares of GlobalSantaFe Corp., the
world's second-largest offshore oil and gas driller, fell $1.67,
or 2.3 percent, to $72.16. Shares of Diamond, the world's third-
largest oil and natural-gas driller by market value, fell $1.84,
or 1.8 percent, to $103.49. ENSCO International Inc. (ESV US),
which was reduced to ``sell'' from ``buy,'' fell $1.63, or 2.6
percent, to $61.66.


Read more at Bloomberg Stocks News

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