UPS, RealD, WebMD are big movers

AP News
Posted: Jul 12, 2013 5:13 PM

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


United Parcel Service Inc., down $5.33 at $86.12

The package delivery and logistics company says its second-quarter earnings will be hurt as customers use cheaper options.

Wells Fargo & Co., up 74 cents at $42.63

Lower expenses and fewer bad loans helped lift the bank's second-quarter profit by 20 percent.

RealD Inc., down $1.34 at $12.17

The company, which licenses 3-D movie equipment to theaters, reported box office figures for June that disappointed investors.

Infosys Ltd., up $2.13 at $46.17

The Indian software outsourcing company reported slightly higher quarterly profit and maintained its revenue growth forecast.

Spansion Inc., down 31 cents at $12.91

The flash memory products maker raised its second-quarter profit expectations, but said its revenue will be lower than expected.

Sprint Nextel Corp., up 17 cents at $6.45

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The wireless carrier is introducing a new plan that guarantees new and existing subscribers unlimited voice, text and data plans.


Spreadtrum Communications Inc., up $3.31 at $29.76

The smartphone chip maker said that it has agreed to be acquired by China's Tsinghua Holdings Co. for approximately $1.5 billion.

WebMD Health Corp., up $6.86 at $33.82

The medical website operator raised its guidance for the year after a strong second quarter, citing better demand from advertisers.