Friday’s biggest gaining and declining stocks

http://www.marketwatch.com/story/fridays-biggest-gaining-and-declining-stocks-2012-07-20

CHICAGO (MarketWatch) — Here are some of Friday’s biggest gaining and declining stocks:

Gainers

Baker Hughes Inc. BHI +9.20%  shares added 9.2% after the Houston energy-services firm reported that second-quarter net income rose 30% on 12% higher revenue.

Fidelity Bancorp Inc. FSBI +65.02%  shares soared 65%. The company agreed to be bought by West Virginia-based WesBanco Inc. WSBC -4.65%  for $70.8 million.

Onyx Pharmaceuticals Inc. ONXX +11.67%  rallied 12% after the U.S. Food and Drug Administration approved the company’s Kyprolis treatment for patients with multiple myeloma who have received at least two prior lines of therapy.

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SanDisk Corp. SNDK +10.32%  shares rose 10%. The company said late Thursday that second-quarter earnings plummeted as the flash memory maker saw much weaker sales and margins, but management projected results should show improvement in the second half.

Decliners

Cepheid CPHD -17.65%  shares fell 18% after the company reported that second-quarter earnings fell 38%.

Shares of Chipotle Mexican Grill Inc.CMG -21.51%  fell 22% after issuing a second-quarter earnings report late Thursday that reflected a slowdown in customer traffic growth.

Freescale Semiconductor Ltd. FSL -6.46%  shares fell 6.5% after the company issued a current-quarter sales outlook below Wall Street estimates.

Gold Resource Corp. GORO -30.61%  shares fell 31%. Late Thursday, the company reported earnings for the second quarter and troubled investors with news of less-than-expected gold output in the quarter. It also revised its production outlook.