Apple, Tesla, Deckers are market movers

AP News
Posted: Nov 05, 2012 5:07 PM
Apple, Tesla, Deckers are market movers

NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:


Transocean Ltd., up $2.58 at $48.64

The offshore drilling rig contractor said its third-quarter loss rose, but its adjusted earnings beat Wall Street expectations.

Church & Dwight Co. Inc., up 80 cents at $51.86

Higher demand for its Arm & Hammer liquid detergent and Trojan condoms pushed the company's third-quarter net income up 18 percent.

Dover Corp., up $2.24 at $60.82

The manufacturer's board approved a stock buyback program for $1 billion of its common stock over the next 12 to 18 months.

Time Warner Cable Inc., down $6.24 at $91.93

The New York-based cable company said that it lost 140,000 residential video service subscribers during the third quarter.


Apple Inc., up $7.82 at $584.62

The iPhone maker said that it sold 3 million iPads of all kinds in the first three days after it began selling the new Mini model.

Tesla Motors Inc., up $2.58 at $31.50

The Palo Alto, Calif.-based electric car maker said that it was now making enough cars to generate positive operating cash flow.

Deckers Outdoor Corp., up $1.81 at $32.10

A Jefferies analyst said that the maker of Uggs boots should expect its performance to improve despite weak third-quarter sales.

BioMarin Pharmaceutical Inc., up $11.66 at $49.07

The drug maker said an experimental treatment for Morquio A Syndrome, a rare genetic disease, succeeded in a clinical trial.