Closing Bell: The Upward Momentum Stuck (AAPL, NYT, AIG, SIRI, IPI, OSIP)

Apple Inc. (AAPL) stayed up all day with a strong technology ticker. The company was the subject of rumors that the highly awaited iPad may be delayed or be on very short order at the launch. Still, shares were up almost 2% at $208.60 right before the close.

The New York Times Co. (NYT) rose on buyout rumors that Carlos Slim was going to buy the rest of the company he did not own. While the stock stayed up, CNBC broke news that his spokesperson has denied the rumors. Shares were up 6% at $11.60 late in the day.

AIG (AIG) was up today after the company sold one of its crown jewels, the Asian like insurance operations to Prudential plc in the UK for a sum of about $35.5 billion. Shares were up 5.7% at $26.20 late in the trading day.

Sirius XM (SIRI) was down all day after Wunderlich removed their buy rating because shares had broken above the $1.00 mark. Shares of Sirius were down over 8% at $0.935 shortly before the close.

Intrepid Potash Inc. (IPI) was just like other potash and agriculture stocks. It missed earnings but was given the benefit of the doubt based on its outlook. Shares were up almost 3% at $28.33 late in the trading day.

OSI Pharmaceuticals (OSIP) has become the object of a hostile takeover tender offer by Astellas in Japan, which the company has now brushed off. The price was $52.00 for the tender, but shares were up 52% at $56.29 shortly before the closing bell. Here are several more biotech takeover candidates.