Oxford Industries and HCC 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:
HCC Insurance Holdings Inc., up $20.66 to $77.35
The insurance company is being bought by Japan-based insurer Tokio Marine Holdings Inc. for about $7.5 billion in cash.
Oxford Industries Inc., up $3.54 to $84.55
The clothing and apparel maker reported better-than-expected first-quarter profit and revenue and raised its outlook.
Johnson Controls Inc., up $2.03 to $53.59
The maker of auto components and building systems is exploring options for the potentially spinning off its automotive business.
FleetCor Technologies Inc., up $8.23 to $159.51
The provider of fuel cards signed a contract with Uber for a universal card program for that company’s U.S. drivers.
Boulder Brands Inc., down $1.97 to $6.91
The health food company lowered its sales outlook for the second quarter and said co-founder and CEO Steve Hughes resigned.
Recon Technology Ltd., up 31 cents to $1.96
The provider of oilfield services in China won contractor status and a contract with a China Petroleum & Chemical subsidiary.
OncoGenex Pharmaceuticals Inc., up 19 cents to $2.79
The biotechnology company said the FDA agreed to a plan that allows it to move ahead with development of a potential cancer drug.
Sigma Designs Inc., up $1.27 to $10.21
The maker of semiconductors used for Internet TV and other platforms reported better-than-expected first-quarter profit and revenue.