GM and SodaStream 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:
Agco Corp., down $4.97 to $42.13
The agricultural equipment maker cut its third-quarter and full-year earnings forecasts due to weaker sales in all its regions.
Christopher & Banks Corp., down $2.37 to $6.73
The women's clothing retailer said that it expects revenue in the third quarter to be lower than it had previously expected.
General Motors Co., down $1.98 to $31.77
A Morgan Stanley analyst cut his earnings estimates and stock price target for the automaker because of warranty and recall costs.
Rio Tinto PLC, down $2.09 to $49.38
The mining company said that it rejected a merger proposal from rival Glencore over the summer.
Hewlett-Packard Co., down $1.65 to $35.22
The tech company's stock continued to fall after announcing earlier this week that it was splitting itself into two companies.
SodaStream International Ltd., down $6.05 to $21.52
The soda machine maker said it isn't winning over enough new customers and reported preliminary sales that fell short of expectations.
CalAmp Corp., up $3.47 to $19.97
The wireless communications company reported results for its fiscal second quarter that beat Wall Street expectations.
International Speedway Corp., down $1.80 to $30.13
Shares of the motorsports company fell even though it posted a profit for its third quarter compared with a loss from a year ago.