Ford and eBay 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
Ford Motor Co., down 32 cents to $14.79
The automaker said it will fall short of its full-year profit goals because of weak international sales and recall costs.
Teekay Corp., up $8 to $66.36
The crude oil and gas marine transportation company will boost its dividend by up to 80 percent as part of a new policy.
Masco Corp., up 60 cents to $23.92
The building products maker is spinning off its installation and other services division in a move aimed at boosting value.
TravelCenters of America LLC, down $1.74 to $9.88
The travel center operator reported a drop in second-quarter profit on tax costs, with the results falling short of expectations.
Nasdaq
EBay Inc., up $3.97 to $56.63
The e-commerce company plans to spin off mobile payment service PayPal, and President and CEO John Donahue will step down.
Move Inc., up $5.67 to $20.96
News Corp. is spending about $950 million to buy the online real estate business in a move to speed up its digital expansion.
Cintas Corp., up $4.64 to $70.59
The work uniform company reported better-than-expected quarterly financial results and a strong financial outlook.
Vimicro International Corp., up 80 to $9.94
The China-based video surveillance technology company announced a credit line of up to $65 million and a $12.4 million contract.