Visa and Baidu 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:
NYSE
Visa Inc., up $21.99 to $236.65
The world's largest processor of debit and credit card payments reported better-than-expected quarterly revenue and profit.
BorgWarner Inc., down $2.49 to $54.37
The auto parts maker lowered its full-year profit and revenue outlook, placing the forecast below Wall Street expectations.
Terex Corp., down $3.20 to $27.38
The machinery parts maker reported worse-than-expected quarterly financial results and warned of a weak annual profit outlook.
Yamana Gold Inc., down 92 cents to $4.46
The gold mining company reported a quarterly loss on taxes and other costs and the results fell short of Wall Street expectations.
The New York Times Co., down 66 cents to $12.74
The newspaper publisher predicted that advertising revenue would drop in the current quarter.
Nasdaq
Baidu Inc., up $12.46 to $237.01
The Chinese search engine reported a 27 percent boost in quarterly profit and the results beat Wall Street expectations.
Accuray Inc., down $1.03 to $6.22
The radiation oncology company reported worse-than-expected fiscal first-quarter financial results and reaffirmed its outlook.
Taser International Inc., up $1.23 to $17.70
The stun gun maker reported better-than-expected quarterly profit and revenue, partly on growth in North America.