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Time Warner and Intel are big market movers
[July 16, 2014]

Time Warner and Intel 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 Time Warner Inc. (TWX), up $12.12 to $83.13 The media and entertainment company said it rejected a takeover bid from Rupert Murdoch's Twenty-First Century Fox Inc.



International Game Technology (IGT), up $1.42 to $16.92 The slot machine maker is being bought for $4.7 billion by the Italian lottery operator Gtech for $4.7 billion in cash and stock.

HCA Holdings Inc. (HCA), up $5.78 to $60.99 The hospital operator said its second-quarter financial results will be better than expected and it raised its full-year outlook.


PNC Financial Services Group Inc. (PNC), down $3.06 to $85.18 The financial services company reported a decline in net interest margin, which is a key measure of lending profitability.

Nasdaq Intel Corp. (INTC), up $2.94 to $34.65 The world's largest maker of microprocessors reported a 40 percent boost in profit during its most recent quarter as sales rose.

Yahoo Inc. (YHOO), down $1.82 to $33.79 The technology company reported a drop in second-quarter profit and revenue, and both results fell short of expectations.

Interactive Intelligence Group Inc. (ININ), down $7.56 to $42.42 The business software and services company lowered its second-quarter revenue guidance, citing deal delays and deferred revenue.

IGate Corp. (IGTE), up $1.21 to $40.69 The information technology and outsourcing company reported second-quarter profit and revenue that topped Wall Street expectations.

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