FedEx and SeaWorld rise, Lilly and Mondelez stumble
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq stock market:
FedEx Corp., up $17.07 to $161.34
The package delivery company reported strong holiday-season sales as online shopping keeps growing, and raised its projections for the year.
SeaWorld Entertainment Inc., up $1.60 to $18.72
The theme park company said that it will immediately stop breeding killer whales, and soon stop making them perform theatrical tricks.
Williams-Sonoma Inc., down $3.72 to $55.74
The seller of cookware and home furnishings posted disappointing fourth-quarter results and gave a weak outlook for 2016.
Jabil Circuit Inc., down $2.33 to $19.63
The electronics manufacturer posted weaker-than-expected results in the fourth quarter and its guidance was also beneath expectations.
Eli Lilly & Co., down $3.42 to $69.06
Drug company stocks felt renewed pressure as Congress continued to scrutinize pharmaceutical prices.
Diamond Offshore Drilling Inc., up $1.10 to $24.09
Oil prices continued to rise, reaching their highest levels since early December.
Mondelez International Inc., down 94 cents to $40.78
Pershing Square, the hedge fund run by investor Bill Ackman, sold part of its stake in the Oreo cookie maker.
Owens-Illinois Inc., up $1.26 to $16.24
The weaker dollar makes the glass container maker's products less costly and more competitive in overseas markets.