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Home Depot, AK Steel, Microsoft are market movers


February 19. 2013 5:12PM
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(AP) Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:


NYSE


The Home Depot Inc., up $2.22 at $63.38


The home improvement retailer said that its net income rose slightly in the third quarter, and it raised its forecast for the year.


Dick's Sporting Goods Inc., up $2.27 at $50.97


Thanks to a big jump in online sales, the sporting goods retailer said that its net income in the third quarter rose 21 percent.


AK Steel Holding Corp., down 96 cents at $4.50


The steel maker forecast a larger-than-expected fourth-quarter loss due to lower steel prices and a large income tax charge.


Greenbrier Cos., up $2.78 at $16.73


The railcar company said that billionaire investor Carl Icahn bought 2.7 million of its shares for a 9.99 percent stake in the company.


Tronox Inc., down $3.54 at $15.18


The titanium products company reported a $16.7 million loss during its fiscal third quarter due to higher costs and weaker demand.


Nasdaq


Microsoft Corp., down 90 cents at $27.09


The technology company said that Steven Sinofsky, the president of its Windows and Windows Live operations, is leaving.


Weatherford International Ltd., down $1.73 at $9.15


Due to a lower rig count in Canada, the oilfield services company reported disappointing revenue for its fiscal third quarter.


Diamond Foods Inc., up $2.58 at $20.43


The maker of Pop Secret popcorn said that it would finally release restated results for the past two years, and part of this year.


Associated Press


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