Sign in - Join Free - Inquiry BasketHelp -
Home > Nike, MBIA, Accenture are big market movers
 News centre
    News centre
    China Footwear News
    International Footwear News
    Trade Fairs
    Shoes secret
 
 Nike, MBIA, Accenture are big market movers

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Nike Inc., up $8.28 at $89.90

The sneaker and athletic gear maker said sales accelerated in its most recent quarter, and profit topped analyst expectations.

MBIA Inc., down 40 cents at $7.77

New York's top court reinstated a lawsuit by a dozen banks challenging the bond insurer's 2009 restructuring.

Accenture PLC, up $1.86 at $59.65

The consulting firm will join the S&P 500 index starting in July. Fund managers that track the index will likely buy shares.

NRG Energy Inc., up 85 cents at $23.91

A Jefferies analyst upgraded the power generation company to "Buy" in anticipation of bigger share buybacks.

Anixter International Inc., up $3.32 at $64.50

A Baird analyst upgraded the communications and electronics products distributor to "Outperform" after the stock's recent decline.

Nasdaq

Spreadtrum Communications Inc., down 46 cents at $12.49

Muddy Waters, a research firm that publishes negative reports on Chinese companies, took a short position in the Chinese chipmaker.

Standard Microsystems Corp., up $2.30 at $26.31

The semiconductor maker reported quarterly net income of almost 10 times what it earned a year ago, beating Wall Street estimates.

Westport Innovations Inc., up $2.49 at $24

The maker of alternative fuels engines signed a deal with General Motors Co. to develop natural gas engine technologies.