Skechers and Apple are big market movers

AP News
|
Posted: Sep 25, 2014 4:24 PM

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

NYSE

Skechers USA Inc., up $1.65 to $54.05

The footwear retailer released a statement challenging the negative conclusion of an outside sales report as misleading.

BP PLC, down $1.45 to $44.06

A judge ruled that the oil giant must stand by an agreement with companies it compensated following the 2010 Gulf oil spill.

Magnum Hunter Resources Corp., up 54 cents to $6

The oil and gas exploration and production company reported positive production volumes at West Virginia and Ohio locations.

H.B. Fuller Co., down $6.30 to $37.68

The specialty chemicals company reported worse-than-expected financial results and provided a disappointing outlook.

Valeant Pharmaceuticals International Inc., up $3.80 to $127.80

The drug developer drew attention to its potential glaucoma treatment as it builds a case to investors for a buyout of Allergan.

Nasdq

Apple Inc., down $3.88 to $97.87

The technology company pulled a software update for its iPhones after users complained that they weren't able to make calls.

Blackhawk Network Holdings Inc., up $2.38 to $30.23

The prepaid gift card company is buying Parago for about $290 million, expanding its position in the consumer incentives market.

LipoScience Inc., up $2 to $5.19

The clinical diagnostic test company is being bought by Laboratory Corp. of American Holdings for $85.3 million in a cash deal.