Sunday, July 13, 2014

Coca-Cola and Adobe are big market movers

December 13. 2013 5:38PM
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:


Anadarko Petroleum Corp., down $5.37 to $78.30

The driller may be on the hook for as much as $14 billion in a legal battle over the spinoff of the paint company Tronox.

Coca-Cola, up 2 cents to $39.23

The soda maker is shuffling the executive ranks of its North America business, which has struggled recently with declining sales.

Science Applications International Corp., down $1.07 to $33.71

The information technology company reported a disappointing quarterly profit.

Twitter Inc., up $3.67 to $59

The social media company's shares rallied to their highest level yet on optimism about ad spending trends.

Centene Corp., up $3.32 to $57.58

The Medicaid coverage provider forecast a 2014 earnings range that extended well beyond what most on Wall Street projected.


Adobe Systems Inc., up $6.90 to $60.89

A healthy jump in subscribers outshined falling profits and revenue as the software company shifts to cloud technology.

Electronic Arts Inc., up $1.25 to $22.22

The research company NPD Group reported rising sales of gaming consoles, which points to better sales for the video game developer.

Lululemon Athletica Inc., down $1.19 to $59.20

Another downgrade for the yoga retailer, with Credit Suisse seeing changing consumer tastes as a threat to growth ahead.

Associated Press

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