Apple and Annie's 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
Annie's Inc., up $12.59 to $46.10
The natural and organic food company agreed to be acquired by packaged consumer food giant General Mills Inc. for $820 million.
Avon Products Inc., down 49 cents to $13.17
The maker of personal care and beauty products said that Chief Financial Officer Kimberly Ross resigned, effective Oct. 2.
Burlington Stores Inc., up $1.12 to $37.18
The clothing retailer reported better-than-expected second-quarter financial results and raised its full-year fiscal outlook.
Encana Corp., up 75 cents to $23.25
The energy exploration company said it is selling its stake in PrairieSky Royalty through a $2.4 billion dollar stock offering.
Home Depot Inc., down $1.89 to $88.93
The home improvement retailer confirmed that its payment systems had been hacked, potentially exposing shoppers' financial data.
Nasdaq
Apple Inc., down 37 cents to $97.99
The company unveiled a smartwatch, its first major entry in a new product category since the iPad's debut in 2010.
FuelCell Energy Inc., down 25 cents to $2.42
The maker of fuel-cell power plants reported a 20 percent drop in fiscal third-quarter revenue and the results missed expectations.
Francesca's Holdings Corp., down 63 cents $13.34
The retail boutique operator reported worse-than-expected quarterly financial results and lowered its full-year fiscal guidance.
SinoCoking Coal and Coke Chemical Industries Inc., up $4.17 to $7.09
The coal and coke producer said it signed a deal for technology aimed at converting coal into clean burning fuel at Chinese mines.