Burger King and Orbitz are big market movers

Published on NewsOK Modified: August 26, 2014 at 3:27 pm •  Published: August 26, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Burger King Worldwide Inc., down $1.40 to $31

The burger chain confirmed it plans to buy doughnut seller Tim Hortons for $11 billion and will move its headquarters to Canada.

Movado Group Inc., down $3.40 to $40.64

The watch maker reported earnings and revenue for its fiscal second quarter that missed what Wall Street analysts were expecting.

Regis Corp., down 66 cents to $14.09

The company behind hair salon chains Supercuts and MasterCuts reported a bigger-than-expected loss for its fiscal fourth quarter.

DSW Inc., up $2.62 to $30.99

The shoe store chain's fiscal second-quarter net income rose 2 percent, thanks to improving sales and reduced expenses.

Trina Solar Ltd., down $1.07 to $12.30

The solar panel company reported revenue for its fiscal second quarter that missed Wall Street expectations.

Orbitz Worldwide Inc., down 39 cents to $8.04

American Airlines and US Airways will stop flight listings on the travel website after not being able to reach a contract agreement.

Nasdaq

Amazon.com Inc., up $7.81 to $341.83

The online retailer is buying video game streaming platform Twitch Interactive for $970 million to expand its gaming presence.

Best Buy Co. Inc., down $2.19 to $29.80

The electronics retailer said its fiscal second-quarter net income fell 45 percent as sales weakened at its stores.