TMCnet News
Alcoa and American Airlines are big market movers(Associated Press Via Acquire Media NewsEdge) NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Alcoa Inc., (AA), up 84 cents to $15.69 The aluminum giant reported better-than-expected second-quarter profit, with strong results from the engineered products unit. Gigamon Inc. (GIMO), down $5.89 to $12.29 The networking hardware company cut its second-quarter revenue outlook, citing challenges with closing deals late in the quarter. Container Store Group Inc., (TCS), down $2.27 to $24.80 The storage and organization products retailer reported a worse-than expected fiscal first-quarter loss and cut its sales outlook. MSC Industrial Direct Co. (MSM), down $4.39 to $88.99 The metalworking supplies company reported a fiscal fourth-quarter financial outlook mostly below Wall Street expectations. Nasdaq American Airlines Group Inc. (AAL), up $1.73 to $41.99 The airline company said June passenger traffic rose 1 percent and it expects passenger revenue to rise during the quarter. Silicon Image Inc. (SIMG), down 1 cent to $4.98 The data products company cut its second-quarter revenue outlook citing lower than expected shipments and royalty revenue delays. Cisco Systems Inc. (CSCO), up 37 cents to $25.44 The information technology company completed its $175 million buyout of Tail-f Systems, boosting its cloud-services portfolio. Healthcare Services Group Inc. (HCSG), down $1.05 to $29.11 The health care facility services company reported lower-than-expected second-quarter profit and declared a quarterly dividend. Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. |