Coca-Cola, Rite Aid are big market movers

Published on NewsOK Modified: February 18, 2014 at 3:41 pm •  Published: February 18, 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

The Coca-Cola Co., down $1.46 to $37.47

The maker of Diet Coke, Sprite and Vitaminwater said that its fourth-quarter profit fell as it sold less soda in North America.

Rite Aid Corp., up 35 cents to $6.27

The drugstore chain signed an expanded generic drugs supply deal with health care services company McKesson Corp.

Actavis PLC, up $9.59 to $201.47

The Irish drug developer plans to boost its presence in the U.S. by buying rival Forest Laboratories Inc. in a deal worth about $25 billion.

J.M. Smucker Co., up $3.50 to $95.31

A Citigroup analyst kept his "Buy" rating on the jam maker's stock, saying that sales of its products should pick up.

Duke Energy Corp., up 5 cents to $71.50

The power producer's fourth-quarter profit rose 58 percent, helped by U.S. utility rate increases.

Nasdaq

Google Inc., up $8.08 to $1,210.88

Shares of the Internet search company climbed to an all-time high of $1,212.81.

American Woodmark Corp., down $4.35 to $32.01

The kitchen cabinet maker said its third-quarter profit rose 41 percent, but its results still missed Wall Street expectations.

Denny's Corp., down 13 cents to $6.50

A Wedbush analyst downgraded the restaurant chain's stock, saying it could be hurt by minimum wage increases.



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