WebSify
Follow us on
Mail
Print

Best Buy, Avon, Pfizer are big movers

Source : AP
Last Updated: Tue, Apr 30, 2013 21:30 hrs

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Best Buy Co. Inc., up $1.79 at $25.99

The electronics retailer is selling its stake in a European joint venture to partner Carphone Warehouse Group for $775 million.

Fresh Del Monte Produce Inc., down $2.18 at $25.41

The fruit and vegetable distributor said that its first-quarter profit fell 34 percent as weaker demand led to lower banana prices in Europe.

Domino's Pizza Inc., up $2.25 at $55.20

New stores and lower costs helped the pizza seller's first-quarter net income rise 66 percent. The results beat analysts' expectations.

Avon Products Inc., up 92 cents at $23.16

The direct-seller of beauty products reported a first-quarter loss, but adjusted results beat Wall Street's expectations.

Cummins Inc., down $6.86 at $106.39

The maker of diesel engines and power-generation equipment said first-quarter net income fell 38 percent as demand softened.

Pfizer Inc., down $1.36 at $29.07

The drugmaker posted first-quarter results below Wall Street expectations and the company cut its 2013 profit forecast.

Diebold Inc., down 86 cents at $29.29

The maker of bank teller machines and security systems reported a first-quarter loss and said it is cutting 700 jobs to reduce costs.

Nasdaq

Spirit Airlines Inc., up $1.34 at $26.70

The airline's first-quarter net income jumped 30 percent as tickets and fees helped push the results above Wall Street's expectations.



blog comments powered by Disqus
most popular on facebook
talking point on sify finance