ConocoPhillips and Owens are big market movers

AP News
Posted: Jun 20, 2014 4:30 PM

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


ConocoPhillips, up 59 cents to $85.36

Violence in the Middle East has sent gas prices to levels not seen since 2008, and shares of six big oil companies hit new highs.

Darden Restaurants Inc., down $1.94 to $47.58

Shifting American tastes have rattled the owner of Red Lobster, Olive Garden and other restaurants and its profits are slumping.

Owens Corning, down $2.49 to $38.81

The construction and industrial-materials company lowered its outlook for the year as its roofing business reports weak volumes.

CarMax Inc., up $7.47 to $52.75

The average selling price for vehicles at the used car dealership rose more than 3 percent during the most recent quarter.

Family Dollar Stores Inc., up 62 cents to $68.76

Activist investor Carl Icahn urged the discount retailer to put itself on the block, saying its performance is weakening.

AbbVie Inc., down 89 cents to $53.30

The Dublin drugmaker Shire rejected an unsolicited $46.2 billion bid from the U.S. pharmaceutical company, saying it's not enough.

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Starbucks Corp., down 63 cents to $76.60

The coffee chain said it is raising prices on some of its drinks by 5 cents to 20 cents starting next week.

Smith & Wesson Holding Corp., down $1.48 to $15.52

After an extended surge in firearm sales driven by fears about new restrictions, the gunmaker said that sales are going to fall.

Hercules Offshore Inc., down 57 cents to $4.36

The June fleet status report from the driller sent investors scurrying even as the price of crude surges.