Mgm Resorts And Fedex 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: NYSE MGM Resorts International, down 84 cents to $18.01 The casino operator and six contractors avoided a trial after reaching a settlement deal in a breach-of-contract lawsuit. FedEx Corp., down $6.48 to $167.78 The shipping services company reported worse-than-expected second-quarter results due partially to a lower-than-expected benefit from falling fuel prices. XL Group PLC, down $1.35 to $33.66 The insurance and reinsurance company confirmed that it is in preliminary discussions for a potential buyout of Catlin Group Ltd. Ruby Tuesday Inc., down $1.33 to $6.79 The chain restaurant operator reported fiscal second-quarter sales at restuarants open at least a year and guest counts below its prior guidance. Nasdaq Volcano Corp., up $6.35 to $17.84 The medical device maker is being bought by Royal Philips for $1.2 billion, with the deal expected to close in the first quarter. Auspex Pharmaceuticals Inc., up $25.05 to $50.14 The biotechnology company reported positive results from a late-stage study of its potential Huntington's disease treatment. Digital River Inc., up $7.22 to $24.08 The online commerce technology company reported that it has extended a digital distribution agreement with Microsoft Corp. Cerus Corp., up $1.08 to $5.86 The biomedical products company said the Food and Drug Administration approved its Intercept system for plasma screening.Read more on NewsOK.com

BING NEWS:
  • Decoding FedEx's Options Activity: What's the Big Picture?
    Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $260.0 to $310.0 for FedEx over the recent three months. Looking at the volume ...
    04/26/2024 - 9:01 am | View Link
  • FedEx: Cost Cuts Paying Off, Big EPS Growth Expected
    FedEx is focused on reducing its costs and has impressive EPS growth forecasts from the sell-side. Read why I see FDX stock as a buy on valuation.
    04/23/2024 - 10:52 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News