Office Depot, Orbitz, Molson are market movers

AP News
Posted: Nov 07, 2012 5:52 PM

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


Office Depot Inc., down 11 cents at $2.88

The office supplies retailer reported a loss for the third-quarter as it pursued an expansive review of how it does business.

Orbitz Worldwide Inc., down 30 cents at $2.30

The online travel company again cut its outlook for the year and reported third-quarter results that were short of expectations.

WellPoint Inc., down $3.35 at $57.85

The health insurer's third-quarter earnings beat expectations, but its stock fell after President Barack Obama won re-election.

Molson Coors Brewing Co., down $1.60 at $41.60

The maker of Coors Light and Miller Light said that it saw a decline in demand across its businesses during the third quarter.

Cablevision Systems Corp., down 51 cents at $14.98

The New York-based cable company posted a quarterly loss for the first time in over three years, as programming expenses rose.

Higher One Holdings Inc., down $1.76 at $10.40

The college banking company said falling growth in student enrollments hurt its third-quarter profit and posted a weak outlook.


Smith & Wesson Holding Corp., up 91 cents at $10.37

A Benchmark analyst reiterated his "Buy" rating on the gun maker saying that President Barack Obama's second term will help sales.

James River Coal Co., down $1.41 at $3.29

Shares of coal companies fell on the expectation that a second term for President Barack Obama means tougher going for coal companies.