Oracle and Concur are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Oracle Corp., down $1.75 to $39.80
The technology company's CEO, Larry Ellison, is stepping down and its financial results and outlook fell short of expectations.
Dresser-Rand Group Inc., up $6.88 to $79.91
The industrial equipment company is the target of potential competing buyout offers from Sulzer and Siemens.
Red Hat Inc., down $2.73 to $57.93
The open-source software company is buying FeedHenry for about $82 million and reported better-than-expected financial results.
Rockwell Collins Inc., up $2.13 to $79.93
The communications and aviation systems company set a positive fiscal 2015 outlook and will spend another $500 million buying back its stock.
Concur Technologies Inc., up $19.02 to $126.82
The travel and expense management software company is being bought by the German software company SAP for about $7.36 billion.
Yahoo Inc., down $1.15 to $40.93
The company reaped a multibillion-dollar windfall from Alibaba's IPO but attention now turns to its struggles in Internet advertising, the heart of its business.
Tibco Software Inc., down $1.43 to $19.36
The business software company reported a decline in third-quarter profit and the results fell short of Wall Street expectations.
JetBlue Airways Corp., up 3 cents to $11.36
The airline said CEO Dave Barger will step down in February and will be replaced by the company's president, Robin Hayes.