Thursday, 26 June 2014

Iron Mountain and Barclays are big market movers


Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:


NYSE


Iron Mountain Inc., up $5.97 to $35.75


The information management company increased its profit outlook as it plans to convert to a real-estate investment trust.


Steelcase Inc., down $1.89 to $15.77


The workplace equipment maker reported weaker-than-expected first-quarter profit and issued a disappointing second-quarter outlook.


Barclays PLC, down $1.16 to $14.55


New York Attorney General Eric Schneiderman filed a securities fraud lawsuit against the British banking and financial firm.


General Motors Inc., down 19 cents to $36.90


The automaker is preparing to recall about 33,000 Cruze compact cars because the air bags might fail to inflate properly.


Nasdaq


Bed Bath & Beyond Inc., down $4.41 to $56.70


The home furnishings retailer reported weaker-than-expected first-quarter profit and lower-than-expected second-quarter guidance.


Canadian Solar Inc., up $1.28 to $29.79


The solar power company closed a deal expected to bring in $300 million in revenue for work on Canada's largest solar energy farm.


Elizabeth Arden Inc., down $4.59 to $22.41


A Korean cosmetic company said it is no longer interested in buying the U.S. cosmetic firm, which is restructuring its business.


Nature's Sunshine Products Inc., up $1.04 to $16.71


The natural health and wellness company signed a deal to form a joint venture that will fuel an expansion into the Chinese market.



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