Burger King and Orbitz are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Burger King Worldwide Inc., down $1.40 to $31
The burger chain confirmed it plans to buy doughnut seller Tim Hortons for $11 billion and will move its headquarters to Canada.
Movado Group Inc., down $3.40 to $40.64
The watch maker reported earnings and revenue for its fiscal second quarter that missed what Wall Street analysts were expecting.
Regis Corp., down 66 cents to $14.09
The company behind hair salon chains Supercuts and MasterCuts reported a bigger-than-expected loss for its fiscal fourth quarter.
DSW Inc., up $2.62 to $30.99
The shoe store chain's fiscal second-quarter net income rose 2 percent, thanks to improving sales and reduced expenses.
Trina Solar Ltd., down $1.07 to $12.30
The solar panel company reported revenue for its fiscal second quarter that missed Wall Street expectations.
Orbitz Worldwide Inc., down 39 cents to $8.04
American Airlines and US Airways will stop flight listings on the travel website after not being able to reach a contract agreement.
Nasdaq
Amazon.com Inc., up $7.81 to $341.83
The online retailer is buying video game streaming platform Twitch Interactive for $970 million to expand its gaming presence.
Best Buy Co. Inc., down $2.19 to $29.80
The electronics retailer said its fiscal second-quarter net income fell 45 percent as sales weakened at its stores.