Gap and Ruby Tuesday are big market movers

AP News
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Posted: Oct 09, 2014 5:23 PM

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

NYSE

The Gap Inc., down $5.23 to $36.67

The clothing retailer said that its CEO Glenn Murphy will resign early next year. Gap's digital leader Art Peck will replace him.

Ruby Tuesday Inc., up 90 cents to $6.82

The casual restaurant operator reported a smaller-than-expected adjusted loss for its fiscal first quarter.

PepsiCo Inc., down 37 cents to $93.57

The soda and snack maker's stock reached an all-time high — before retreating late in the day — after it said third-quarter profit rose on higher overseas sales.

Kindred Healthcare Inc., up $1.01 or $20.75

The nursing home operator plans to buy home health care provider Gentiva Health Services Inc. for about $719.6 million.

Nasdaq

Apple Inc., up 22 cents to $101.02

Activist investor Carl Icahn is trying to get the iPhone maker to buy back more of its shares to help boost the stock's value.

Auxilium Pharmaceuticals Inc., up $2.68 to $32.44

Ireland's Endo International said it is buying the pharmaceutical company in a sweetened cash-and-stock deal worth $2.6 billion.

Impax Laboratories Inc., up $2.81 to $26.65

The specialty drugmaker will pay $700 million to buy Tower Holdings Inc., whose companies make generic drugs and branded pharmaceuticals.

Zumiez Inc., up $1.68 to $30.23

The teen retailer had a good back-to-school season: A key sales measure was up 6.6 percent in September from a year ago.