Timesleader
Zynga, Zep, Constellation are big movers
E.Wilson3 months ago
First Posted:
(AP) Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:Acuity Brands Inc., up $5.46 at $81.39
The lighting maker said that its fiscal third-quarter net income fell 6 percent, but its adjusted results beat Wall Street estimates.
Constellation Brands Inc., down $1.90 at $51.25
The wine, beer and liquor company’s fiscal first-quarter net income fell 27 percent, partly due to costs related to an acquisition.
Zep Inc., down $3.14 at $13.40
The chemical maker reported a 27 percent drop in net income for the third quarter as the company repositions itself and cuts inventory.
The Greenbrier Cos. Inc., down $1.43 at $22.27
The railcar company posted a loss for its fiscal third quarter, and also cut its 2013 forecast for new railcar deliveries.
DaVita HealthCare Partners Inc., down $7.15 at $114
Shares of the dialysis services provider fell after the government proposed potential Medicare cuts that could hurt the company.
Zynga Inc., up 20 cents at $3.27
The maker of online game “FarmVille” said that it hired Don Mattrick, the head of Microsoft’s Xbox division, as its CEO.
Achillion Pharmaceuticals Inc., down $2.10 at $6.26
The drug developer said federal regulators placed a hold on the study of a drug combination involving a potential hepatitis C treatment.
A. Schulman Inc., down $1.23 at $26.60
Plastic compounds and resins supplier said that its fiscal third-quarter earnings sank 69 percent, hurt by declining sales.
Read the full article:https://www.timesleader.com/archive/119282/news-apbusiness-98900256408670336291075-zynga-zep-constellation-are-big-movers
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