News Column

Lumber Liquidators and Cray are big market movers

July 10, 2014



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

NYSE

United Continental Holdings Inc. (UAL), up $5.10 to $45.17

The airline company and its competitors reported positive quarterly passenger revenue results, which is key measure of demand.

Lumber Liquidators (LL), down $15.17 to $55.25

The hardwood flooring retailer cut its 2014 outlook as a result of harsh winter weather and a weak home improvement market.

CBS Corp. (CBS), down $2.13 to $61.80

The broadcaster's stock exchange offer related to CBS Outdoor Americas wasn't priced high enough to meet strong demand.

AmREIT Inc. (AMRE), up $3.25 to $22.45

The real estate investment trust was given a buyout offer by Regency Centers Corp. that represents a 20 percent premium.

Nasdaq

Sarepta Therapeutics Inc. (SRPT), down $3.35 to $22.54

The drug developer released study results for its potential Duchenne muscular dystrophy treatment that disappointed Wall Street.

Zumiez Inc. (ZUMZ), up $1.78 to $29.78

The sports apparel retailer reported better-than-expected June sales and raised its profit and sales outlook for the quarter.

Potbelly Corp. (PBPB), down $3.68 to $10.97

The sandwich shop operator revised its 2014 outlook after reporting same-store-sales results that fell short of expectations.

Cray Inc. (CRAY), up $4.27 to $31.49

The supercomputer maker was awarded one of its largest contracts, at $174 million, by the National Nuclear Security Administration.


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Source: Associated Press


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