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Business

Long Island stocks on move

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Chart Photo Credit: istock

FalconStor Software (FALC)
Melville 
$2.99 (week's change: +9.5%) 
52-week return: -31.9%
The maker of data-backup and recovery software signed a "memorandum of understanding" with health-care software provider Softheon to form a strategic partnership.


Medical Action Ind. (MDCI)
Brentwood
$11.68 (week's change: +7.8%) 
52-week return: -1.8%
Shares had their best weekly gain of 2010 after the maker of disposable medical products renewed a contract with Novation, a provider of health-care supplies to hospitals.

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