Container Store, United are big market movers
Jul 8, 2015, 1:30 PM
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
United Continental Holdings Inc. (UAL), down $1.49 to $52.82
All of the airline’s flights in the U.S. were temporarily grounded because of computer problems affecting “network connectivity.”
The Container Store Group Inc. (TCS), up 43 cents to $17.93
The storage products retailer reported better-than-expected fiscal first-quarter profit, but revenue fell short of forecasts.
Haverty Furniture Companies Inc. (HVT), up 73 cents to $22.29
The furniture retailer reported a second-quarter boost in same-store-sales, which is a key measure of a retailer’s health.
JPMorgan Chase & Co. (JPM), down $1.37 to $65.43
The financial services company will pay $125 million to settle a credit card debt collection probe.
Sinopec Shanghai Petrochemical Co. (SHI), down $5.92 to $33.09
The petrochemical company’s stock tumbled as a broad slide in Chinese stocks continues to widen, despite government efforts.
Nasdaq
Perficient Inc. (PRFT), down $3.17 to $15.84
The information technology consulting company lowered its second-quarter and full-year guidance because of customer delays.
Alpha & Omega Semiconductor Ltd. (AOSL), down 59 cents to $8.35
The semiconductor company said just over 3.5 million shares of common stock were tendered at or below a set Dutch Auction price.
Oculus Innovative Sciences Inc. (OCLS), up 7 cents to $1.57
The health care company received a new U.S. patent aimed at treating an inflammatory skin condition for its Microcyn system.
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