Rite Aid and Ariad are big market movers

AP News
Posted: Oct 02, 2014 4:34 PM

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


McCormick & Co., up $1.89 to $67.50

The spice maker reported quarterly earnings and revenue that beat Wall Street expectations and boosted its outlook.

Constellation Brands Inc., down 86 cents to $84.40

The wine, liquor and beer company reported quarterly revenue and earnings that fell short of Wall Street expectations.

Rite Aid Corp., up 18 cents to $4.99

The drugstore operator reported a boost in September and year-to-date sales at established stores, a key indicator of a retailer's health.

Halcon Resources Corp., down 2 cents to $3.84

The energy company's stock slipped, along with its peers, as the price of crude oil fell after Saudi Arabia cut prices to Asia.


Ariad Pharmaceuticals Inc., up 57 cents to $5.85

The drug developer's experimental lung cancer treatment gained special FDA recognition that will speed up its review process.

Cree Inc., down $4.76 to $34.85

The LED light maker said it expects profit and revenue for the fiscal first quarter to fall short of its prior guidance.

Garmin Ltd., down $1.10 to $49.89

The navigation products company will be the provider for future Honda Civic and CR-V models in Europe, Russia and South America.

Esperion Therapeutics Inc., up $2.58 to $27

The biotechnology company reported results from a study that showed an experimental drug lowered levels of bad cholesterol.