Yahoo Finance Dr. Pepper Snapple, Amazon are big market movers
Dr. Pepper Snapple, Lorillard, Amazon and Fossil are big market movers
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Dr Pepper Snapple Group Inc., up $1.09 to $49.99
The beverage maker released an aggressive financial outlook and improving core income from operations in the fourth quarter.
Owens Corning, up $3.46 to $43.20
The materials company reversed losses from a year ago in the fourth quarter on stronger sales and fewer expenses from cost cuts.
Lorillard Inc., down $2.48 to $47.47
Fourth-quarter profit fell 5 percent as higher costs offset an increase in revenue from both traditional and electronic cigarettes.
Cliffs Natural Resources Inc., up 49 cents to $21.99
Casablanca Capital, which is seeking to split up the miner citing its performance, nominated its own candidate to replace the CEO.
Nasdaq
Amazon.com Inc., down $12.54 to $349.25
UBS downgraded shares on of the online retailer, saying that it will have a tough time raising fees for its Prime service.
FireEye Inc., down $8.93 to $69.08
The outlook for 2014 from the computer security software company was not encouraging after a recent run-up in its stock.
Fossil Group Inc., up $4.10 to $121.06
A global push from the watch and accessories maker drove profits higher than expected during the most recent quarter.
TripAdvisor Inc., up $6.07 to $90.27.
RBC Capital upgraded the online travel service based on its outlook and potential for accelerating growth and ad revenue.
