Thursday, March 15, 2012

CommScope, Office Depot, Savient big market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

CommScope Inc., up $7.04 at $30.16

Private equity firm Carlyle Group is in talks to buy the network infrastructure company in a deal valued at about $2.98 billion.

Office Depot Inc., up 16 cents at $4.79

The office supply chain's CEO is resigning after last week agreeing to pay civil penalties as part of the company's SEC settlement.

Eastman Chemical Co., up $3.99 at $82.59

The company is selling assets from a money-losing plastics division for about $600 million to a subsidiary of Mexican conglomerate …

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