Movers roundup: STEC, National CIty

NEW YORK (AP) Shares of memory-chip maker STEC Inc. soared Monday after a number of analysts commented on the possibility of major contracts for the company's solid-state drives, a technology that seeks to replace conventional spinning computer drives.

NEW YORK (AP) National City Corp. shares jumped Monday after an analyst upgraded the stock, saying a $7 billion investment in the bank last week will allow it to scrub its balance sheet of bad debt faster.

NEW YORK (AP) Shares of Atheros Communications Inc. are down ahead of the chip maker's first-quarter earnings report, scheduled for after the closing bell.

NEW YORK (AP) Chartered Semiconductor Manufacturing Ltd. fell Monday after Citigroup analyst Horng Han Low recommended investors sell the stock on its high share price.

NEW YORK (AP) Shares of Horizon Lines Inc. hit a new 52-week low Monday, as investors continued to steer away from the shipping and logistics company after it cut its outlook for the year.

NEW YORK (AP) Shares of Alberto-Culver Co. tumbled Monday after the beauty-care products maker reported better-than-expected earnings in the second quarter, but the company's top-line missed Wall Street expectations.

NEW YORK (AP) Shares of Celgene Corp. edged higher Monday afternoon, as a Banc of America Securities analyst raised her outlook for sales of the biopharmaceutical company's cancer drug, Revlimid.