FedEx, Energizer, AMD are market movers

Associated Press Modified: September 18, 2012 at 4:15 pm •  Published: September 18, 2012
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

FedEx Corp., down $2.73 at $86.55

The package delivery company said the global economy is worsening and cut its forecast for the fiscal year ending in May.

Schiff Nutrition International Inc., up $3.47 at $24.37

The vitamin maker said that an acquisition and growth of its key brands helped boost fiscal first-quarter net income by 28 percent.

Advanced Micro Devices Inc., down 39 cents at $3.62

The maker of microprocessors for PCs announced that its chief financial officer, Thomas Seifert, is resigning.

Energizer Holdings Inc., up $7.30 at $75.22

In an effort to reduce costs, the maker of batteries and flashlights said it plans to cut jobs and lower its overhead.

Nasdaq

Apple Inc., up $2.13 at $701.91

The technology company's stock closed above $700 for the first time, a day after saying it had over two million orders for its new iPhone 5.

Clearwire Corp., down 16 cents at $1.38

Time Warner Cable Inc., a New York cable company, said it will sell its 7.8 percent stake in the wireless infrastructure company.

Skullcandy Inc., down 24 cents at $12.45

The headphones and accessories maker named Kyle Wescoat its senior vice president and chief financial officer.

OCZ Technology Group Inc., down 33 cents at $4.13

The flash memory maker said its co-founder, president and CEO Ryan Peterson resigned. The company did not say why he is leaving.



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