News Column

SeaWorld and Macy's are big market movers

August 13, 2014



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

NYSE

SeaWorld Entertainment Inc., down $9.25 to $18.90

The theme park and entertainment company reported worse-than-expected quarterly financial results and cut its full-year guidance.

Macy's Inc., down $3.29 to $56.47

The department store operator reported a worse-than-expected quarterly profit and cut its full-year sales outlook for stores opened at least a year.

King Digital Entertainment Plc., down $4.21 to $13.99

The maker of the game "Candy Crush" reported second-quarter revenue that fell short of expectations and cut its full-year guidance.

Deere & Co., down $1.99 to $84.49

The farming equipment maker reported a drop in quarterly profit and cut its full-year outlook on weak sales in the U.S. and Canada.

Nasdaq

Amazon.com Inc., up $6.96 to $326.28

The online retailer introduced a credit-card processing device to help businesses accept payments through smartphones and tablets.

Cree Inc., down $4.38 to $44.81

The LED lights and semiconductor maker set its fiscal first-quarter profit and revenue guidance below Wall Street expectations.

Myriad Genetics Inc. down $2.96 to $36.04

The molecular diagnostics company reported better-than-expected quarterly results, but set lower-than-expected guidance.

Canadian Solar Inc., up $6.06 to $31.03

The solar panel maker reported a quarterly profit, topping Wall Street expectations, on a boost in revenue and module shipments.


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Source: Associated Press


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