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Big movers
January 22, 2014, 05:00 AM The Associated Press

Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Delta Air Lines Inc., up $1.01 to $32.08

Higher fares and rising yield — a measure of what each passenger pays to fly one mile — pushed the airline’s quarterly profits skyward.

The Dow Chemical Co., up $2.86 to $45.93

Dan Loeb reveals a new stake in the chemical maker, the largest investment for his hedge fund, Third Point.

Arch Coal Inc. , down 14 cents to $4.18

The company says weak shipments in the Powder River Basin and lower production at the Mountain Laurel complex will trim its fourth-quarter results.

Alcoa Inc., up 77 cents to $12.13

J.P. Morgan lifts its rating on the aluminum maker to “Overweight” from “Neutral” and raises its price target to $15 from $9.

Nasdaq

Amarin Corp., down 54 cents to $1.73

The drugmaker suffers another regulatory setback for its fish-oil based pill Vascepa, its only product on the market.

YRC Worldwide Inc., up $1.73 to $17.55

The trucking company reaches a tentative deal with the Teamsters, giving it more breathing room as it attempts a turnaround.

Expedia Inc., down $3.02 to $67.67

The news site SearchEngineLand reports that the online travel site is being punished by Google for trying to manipulate Internet traffic.

NuPathe Inc., down 33 cents to $4.05

The drugmaker terminates its agreement to be bought by Endo Health Solutions, favoring instead a bid from Teva of Israel.

 

 

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Big movers
Mixed day on Wall Street
Consumer spending likely to boost growth in 2014
 

 
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