Annie's and Live Nation are big market movers

AP News
|
Posted: Jun 04, 2014 4:29 PM

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

NYSE

Protective Life Corp., up $10.64 to $69.36

In what would be the largest foreign acquisition for a Japanese insurer, Dai-ichi Life bid $5.7 billion for the financial company.

Annie's Inc., down $2.53 to $30.07

The auditor for the organic food company is resigning, citing "an insufficient complement of finance and accounting resources."

Walgreen Co., up $3 to $74.56

Comparable-store sales climbed 4.4 percent as more freely spending shoppers trumped a decrease in traffic at its drug stores.

Live Nation Entertainment Inc., up 41 cents to $23.98

The concert ticketing service may be spared millions in costs after few people made settlement claims over additional fees.

Pandora Media, Inc., down 9 cents to $24.52

The Justice Department is reviewing the rules that govern how much artists can charge companies like the digital streaming site.

Recommended
Why Do Liberals Keep Hurting Themselves?
Wayne Allyn Root

Nasdaq

First Solar Inc., up $2.46 to $65.39

The U.S. could clamp down on Chinese solar companies through preliminary anti-subsidy tariffs, giving domestic companies a boost.

FuelCell Energy Inc., down 18 cents to $2.19

Quarterly losses were worse than anticipated at the fuel cell power plant company, which is trying to get to break-even cash flow.

Panera Bread Co., up 44 cents to $154.46

The restaurant chain issued a "Food Policy" outling its commitment to "clean" and "simple" ingredients.