Thursday, July 10, 2014





Starbucks, Zynga, Expedia are big movers


July 26. 2013 6:58PM
Associated Press

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


NYSE


Tempur Sealy International Inc., down $4.91 at $37.05


The mattress company posted a quarterly loss and cut its outlook for the year because of weak sales in North America.


W.P. Carey Inc., up $3.08 at $70.89


The real estate investment trust is buying Corporate Property Associates 16 - Global Inc. in a deal valued at about $4 billion.


Nasdaq


Starbucks Corp., up $5.19 at $73.36


The coffee chain's profit climbed 25 percent in the latest quarter as its coffee costs eased and more people came to its cafes.


Zynga Inc., down 49 cents at $3.01


The maker of online games "Farmville" and "Mafia Wars" is dropping its plans to pursue online casino-style games in the U.S.


Expedia Inc., down $17.80 at $47.20


The online travel company said that its second-quarter profit fell by one-third. The company has been hurt by increasing competition.


LogMeIn Inc., up $1.69 at $30.01


The company, which operates a service that lets people remotely access their computers, posted second-quarter adjusted results that topped expectations.


Deckers Outdoor Corp., down $5.32 at $53.55


The footwear maker said that its second-quarter net loss widened, hurt by lower sales of its Ugg sheepskin boots and Teva sandals.


Activision Blizzard Inc., up $2.28 at $17.46


Vivendi SA said that it is selling most of its majority stake in video game maker Activision Blizzard Inc. for $8.2 billion.


Associated Press


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