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Hormel, Gevo, Suntech are big movers | |||||||||||||||||||||
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market: NYSE Hormel Foods Corp., down $1.46 at $39.19 The food company cut its profit expectations for the year, citing higher costs, softer sales and weak performance at its pork business. FactSet Research Systems Inc., down $4.64 at $99.12 The research firm said that its third-quarter net income rose 11 percent, but it said the market remained tough for selling services. Suntech Power Holdings Co. Ltd., up 5 cents at $1.05 The solar panel maker said that authorities in Switzerland granted its main European subsidiary more time to restructure its debts. Newfield Exploration Co., up 93 cents at $23.94 A Stifel Nicolaus analyst upgraded the oil and natural gas company's stock rating to a "Buy," citing an international asset sale. Signet Jewelers Ltd., up $1.94 at $69.91 The jewelry company, which owns the Kay Jewelers retail stores, said it plans to buy back up to $350 million of its common stock. Nasdaq Gevo Inc., up 34 cents at $2.07 The maker of fuels and chemicals from plant matter has restarted commercial production of isobutanol at its Minnesota plant. Flir Systems Inc., up $1.54 at $26.49 A Raymond James analyst upgraded the stock rating of the company, which makes imaging and surveillance systems, to a "Strong Buy." Orchard Supply Hardware Stores Corp., down 38 cents at $1.73 Shares of the home improvement retailer fell a day after rival Lowe's offered to buy it for about $205 million in cash. © 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed. Learn more about our Privacy Policy and Terms of Use. | |||||||||||||||||||||
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