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MARKET PULSE-Ceradyne, Goldman Sachs, Facebook, Jakks Pacific

Monday, 1 Oct 2012 | 10:02 AM ET

Oct 1 (Reuters) - Some U.S. stocks on the move on Monday:

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WALL ST STARTS QUARTER HIGHER AS MANUFACTURING RISES

U.S. stocks rose at the start of the last quarter on a surprise expansion in the U.S. manufacturing sector last month and bets central banks will continue to support markets.

The Dow Jones industrial average gained 1.12 percent, the Standard & Poor's 500 Index rose 0.97 percent and the Nasdaq Composite Index added 0.59 percent.

** FONAR CORP , $5.42, up 44.5 pct (1056 ET)

The medical imaging equipment maker's full-year net income doubled to $5.4 million, or 91 cents per share, from a net income of $2.9 million, or 55 cents per share, a year earlier. Total revenue increased by 19 percent.

** CERADYNE INC , $34.92, up 42.9 pct (0946 ET) ** 3M , $93.79, down 1.5 pct (1036 ET)

3M said it will acquire the ceramic component maker for about $847 million. The offer of $35 per share represents a premium of about 43 percent to Ceradyne's Friday closing.

** GORDMANS STORES INC , $14.11, down 23.52 pct (1007 ET)

The discount retailer could miss analysts' profit estimates for the first time since it went public in 2010 as slowing sales forced the company to cut its current-quarter outlook.

** MONEYGRAM INTERNATIONAL INC , $16.50, up 10.44 pct (1053 ET)

The payment services company announced a three year extension to its money transfer agreement with Walmart commencing April 1, 2013.

** GOLDMAN SACHS GROUP INC , $118.26, up 4 pct (1036 ET)

The stock could rise at least 25 percent in the next year as capital markets improve, Barron's said on Sunday.

** FACEBOOK INC , $22.31, up 3 pct (0942 ET)

The company, stung by doubts that advertising on the social network delivers enough bang for the buck, is preparing to unveil data to counter its critics and show that "clicks," the current metric of choice, tell only half the story.

** JAKKS PACIFIC INC , $13.50, down 7.3 pct (1100 ET)

The maker of Pokemon and Hello Kitty toys cut its current-quarter outlook, in turn leading to analysts cutting their price targets on the stock.

** TRANSOCEAN LTD , $46.79, down 4.2 pct (1039 ET)

A Brazilian court has overturned an injunction to suspend offshore drilling by the contractor, accepting that it could have caused billions of dollars in lost revenue for the government and the state-led oil firm Petrobras .

** BAIDU INC , $112.80, down 3.5 pct (1041 ET)

Jefferies & Co cut its rating on the Chinese search engine company's stock to "hold" from "buy" citing rival Qihoo 360 Technology Co's increasing share in the search space.

The brokerage said it expects Baidu's fourth-quarter revenue and profit below Street estimates as the company's cost to drive traffic to its website increases.

** MGIC INVESTMENT CORP , $1.79, up 17 pct (0947 ET)

The company said mortgage financier Freddie Mac has reduced the capital the mortgage insurer will need to add to its main unit, MGIC, in order to continue writing insurance throughout the United States.

** GENERAC HOLDINGS INC , $25.25, up 10.3 pct (1055 ET)

The generator maker raised its 2012 sales outlook for the third time this year, citing increased demand for its residential products in light of recent major power outages.

** AVANIR PHARMACEUTICALS INC , $3.53, up 10.3 pct (1110 ET)

Cowen and Co started coverage of the biotechnology company with an "outperform" rating citing the successful launch of its lead drug Nuedexta - the first therapy approved by U.S. health regulators to treat a central nervous system condition called Pseudobulbar Affect characterized by involuntary laughing, crying or emotional outbursts.

** TRW AUTOMOTIVE HOLDINGS CORP , $47.21, up 8 pct (1102 ET)

The automotive parts supplier said it will buy back shares worth up to $1 billion over the next two years.

** NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC , $17.78, up 6.65 pct (1053 ET)

The Chinese educational services provider said it had completed a review of allegations that its accounts were fraudulent and found "no significant evidence" that they were true.

New Oriental's shares crashed 33 percent in July, after short seller Muddy Waters alleged that the Chinese educational services provider's accounts were fraudulent.

** TW TELECOM INC , $26.96, up 3.3 pct (1044 ET) ** CENTURYLINK INC , $40.04, down 0.8 pct (0949 ET)

The telecommunications company is in talks with CenturyLink for a possible sale, Denver Post cited M&A publication dealReporter as saying on Saturday.

The companies could be nearing a deal following several weeks of discussion, dealReporter reported citing sources.

** CAL-MAINE FOODS INC , $45.99, up 2.3 pct (0954 ET)

The egg supplier reported improved quarterly results, helped by higher selling prices that mitigated the impact from increased feed costs.

** ZAGG INC , $8.88, up 3.9 pct (1006 ET)

J.P. Morgan Securities initiated coverage on the mobile accessories maker's stock with an "overweight" rating, saying it expects the company to post strong growth over the next two years, helped by sales of its products associated with a growing smartphones and tablets market.

The brokerage said Zagg has consistently been the first-to-market with accessories for Apple Inc's major products, and could benefit from the iPhone 5 and iPad Mini.

** U.S. SILICA HOLDINGS INC , $12.92, up 2.65 pct (1011 ET)

The commercial silica maker named Donald Merril chief financial officer, replacing William White who will retire on Dec. 31.

** SUNSHINE HEART INC , $8.70, up 4.3 pct (1018 ET)

The company said it received conditional approval from the U.S. health regulator for its C-Pulse Heart Assist device, which prevents heart failure.

(Complied by Aditi Shrivastava in Bangalore)

(aditi.shrivastava@thomsonreuters.com, within U.S. +1 646 223 8780, outside U.S. +91 80 4135 5783, Reuters messaging: aditi.shrivastava.reuters.com@reuters.net)

Keywords: MARKETS USA STOCKS/PULSE

  Price   Change %Change
TWTC
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AVNR
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RIG
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FONR
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GMAN
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TRW
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MTG
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MGI
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MMM
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BIDU
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AAPL
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WMT
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CTL
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CR1
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ZAGG
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EDU
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GS
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FB
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CALM
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JAKK
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