VeriFone and Salix are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
VeriFone Systems Inc., up $1.41 to $34.60
The maker of terminals for electronic payments reported better-than-expected fiscal first-quarter profit and revenue.
Brown Shoe Co., down $2.05 to $30.01
The footwear retailer posted a disappointing outlook for the year and said it might face product delays due to a West Coast port slowdown.
Southwest Airlines Co., up 90 cents to $43.84
The carrier said that passengers flew more, flights were more crowded, and a key revenue figure increased in February compared with a year earlier.
Express Inc., up 52 cents to $15.47
The clothing and accessories company's fourth-quarter profit fell as some expenses increased, but its results topped analysts' expectations.
Salix Pharmaceuticals Ltd., up $10.96 to $168.61
Endo International offered $11.7 billion for the drugmaker, seeking to top a rival bid from Valeant Pharmaceuticals.
Supernus Pharmaceuticals Inc., up $1.07 to $11
The drugmaker reported better-than-expected fourth-quarter results and forecast about 50 percent product revenue growth.
Vera Bradley Inc., down $2.93 to $15.14
The handbag and accessories company reported worse-than-expected fourth-quarter results and a weak outlook.
Zogenix Inc., down 45 cents to $1.22
The drugmaker said it is selling its Zohydro ER business to Pernix Therapeutics for $100 million.