News Column

Infoblox and Exelon are big market movers

May 30, 2014



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

NYSE

Infoblox Inc., down $7.56 to $12.96

The network automation company's shares hit an all-time low after it issued a very weak outlook and said its CEO would step down.

Express Inc., down $1.02 to $12.61

Declining mall traffic and tough competition weighed on profits at the retailer, which fell 84 percent in the first quarter.

Ann Inc., up $1.52 to $38.87

Investors overlooked some big restructuring charges and meager sales and focused instead on strong adjusted quarterly earnings.

Exelon Corp., up 77 cents to $36.83

The large utility gets an upgrade from Jefferies & Co., which cited the improving commodity outlook for forward power prices.

Nasdaq

The Madison Square Garden Co., up $1.75 to $54.85

The New York Rangers advanced to the Stanley Cup finals for the first time in 20 years, meaning more games at the Garden.

Google Inc., down $1.09 to $571.65

The world's dominant search engine is starting to accept requests from Europeans who want to erase unflattering information from search results.

OmniVision Technologies Inc., up $2.34 to $22.48

Big gross margins, an improved cash balance and falling inventories pushed the image sensor company beyond quarterly expectations.

Pacific Sunwear of California Inc., down 52 cents to $2.42

A pessimistic outlook overshadowed a strong quarter in which comparable-store sales jumped by 3 percent during a rough winter.


For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Associated Press


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters