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Alcoa and American Airlines are big market movers

Published on NewsOK Modified: July 9, 2014 at 3:16 pm •  Published: July 9, 2014
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Alcoa Inc., (AA), up 84 cents to $15.69

The aluminum giant reported better-than-expected second-quarter profit, with strong results from the engineered products unit.

Gigamon Inc. (GIMO), down $5.89 to $12.29

The networking hardware company cut its second-quarter revenue outlook, citing challenges with closing deals late in the quarter.

Container Store Group Inc., (TCS), down $2.27 to $24.80

The storage and organization products retailer reported a worse-than expected fiscal first-quarter loss and cut its sales outlook.

MSC Industrial Direct Co. (MSM), down $4.39 to $88.99

The metalworking supplies company reported a fiscal fourth-quarter financial outlook mostly below Wall Street expectations.

Nasdaq

American Airlines Group Inc. (AAL), up $1.73 to $41.99

The airline company said June passenger traffic rose 1 percent and it expects passenger revenue to rise during the quarter.

Silicon Image Inc. (SIMG), down 1 cent to $4.98

The data products company cut its second-quarter revenue outlook citing lower than expected shipments and royalty revenue delays.

Cisco Systems Inc. (CSCO), up 37 cents to $25.44

The information technology company completed its $175 million buyout of Tail-f Systems, boosting its cloud-services portfolio.

Healthcare Services Group Inc. (HCSG), down $1.05 to $29.11

The health care facility services company reported lower-than-expected second-quarter profit and declared a quarterly dividend.