Skechers and Apple are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Skechers USA Inc., up $1.65 to $54.05
The footwear retailer released a statement challenging the negative conclusion of an outside sales report as misleading.
BP PLC, down $1.45 to $44.06
A judge ruled that the oil giant must stand by an agreement with companies it compensated following the 2010 Gulf oil spill.
Magnum Hunter Resources Corp., up 54 cents to $6
The oil and gas exploration and production company reported positive production volumes at West Virginia and Ohio locations.
H.B. Fuller Co., down $6.30 to $37.68
The specialty chemicals company reported worse-than-expected financial results and provided a disappointing outlook.
Valeant Pharmaceuticals International Inc., up $3.80 to $127.80
The drug developer drew attention to its potential glaucoma treatment as it builds a case to investors for a buyout of Allergan.
Apple Inc., down $3.88 to $97.87
The technology company pulled a software update for its iPhones after users complained that they weren't able to make calls.
Blackhawk Network Holdings Inc., up $2.38 to $30.23
The prepaid gift card company is buying Parago for about $290 million, expanding its position in the consumer incentives market.
LipoScience Inc., up $2 to $5.19
The clinical diagnostic test company is being bought by Laboratory Corp. of American Holdings for $85.3 million in a cash deal.