Wednesday, 13 August 2014

SeaWorld and Macy's are big market movers


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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