News Column

Sony and Yum Brands are big market movers

July 31, 2014



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

NYSE

3D Systems Corp., down $5.94 to $50.13

The three-dimensional printing company reported a drop in quarterly profit and the results fell short of Wall Street expectations.

Yum Brands Inc., down $3.60 to $69.40

The owner of fast-food chains, including KFC, said a food-safety scandal in China has hurt sales and could cut into global profit.

Sony Corp., up 90 cents to $18.43

The electronics company reported a surprise jump in quarterly profit that beat Wall Street forecasts of a loss during the period.

World Wrestling Entertainment Inc., up 39 cents to $12.48

The entertainment company reported better-than-expected quarterly results and said it would cut staffing levels by 7 percent.

Nasdaq

eHealth Inc., down $10.95 to $20.70

The online health insurance company cut its 2014 profit and revenue outlook, which now falls short of Wall Street expectations.

LivePerson Inc., up $1.62 to $11.78

The digital communications company reported better-than-expected quarterly profit and boosted its full-year revenue outlook.

Lam Research Corp., up $2.11 to $70

The semiconductor-processing equipment company reported better-than-expected quarterly profit on a revenue boost.

Tetra Tech Inc., down $2.50 to $24.28

The engineering and consulting services company cut its full-year profit and revenue outlook to below Wall Street expectations.


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Source: Associated Press


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