Coca-Cola, Rite Aid are big market movers
Coca-Cola, Rite Aid, Actavis and Smucker are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
The Coca-Cola Co., down $1.46 to $37.47
The maker of Diet Coke, Sprite and Vitaminwater said that its fourth-quarter profit fell as it sold less soda in North America.
Rite Aid Corp., up 35 cents to $6.27
The drugstore chain signed an expanded generic drugs supply deal with health care services company McKesson Corp.
Actavis PLC, up $9.59 to $201.47
The Irish drug developer plans to boost its presence in the U.S. by buying rival Forest Laboratories Inc. in a deal worth about $25 billion.
J.M. Smucker Co., up $3.50 to $95.31
A Citigroup analyst kept his "Buy" rating on the jam maker's stock, saying that sales of its products should pick up.
Duke Energy Corp., up 5 cents to $71.50
The power producer's fourth-quarter profit rose 58 percent, helped by U.S. utility rate increases.
Nasdaq
Google Inc., up $8.08 to $1,210.88
Shares of the Internet search company climbed to an all-time high of $1,212.81.
American Woodmark Corp., down $4.35 to $32.01
The kitchen cabinet maker said its third-quarter profit rose 41 percent, but its results still missed Wall Street expectations.
Denny's Corp., down 13 cents to $6.50
A Wedbush analyst downgraded the restaurant chain's stock, saying it could be hurt by minimum wage increases.