Humana and Salix are big market movers

AP News
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Posted: Nov 07, 2014 4:34 PM

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

NYSE

Humana Inc., down $9.29 to $130.58

The health insurer reported worse-than-expected third-quarter results and tightened its full-year outlook.

Transocean Ltd., down 21 cents to $29.71

The company said lower demand for rigs is leading to more charges and forcing it to delay its third-quarter financial report.

Genworth Financial Inc., down 25 cents to $8.41

Ratings agency Standard & Poor's cut the financial services company's credit rating to junk status and Moody's is performing a rating review.

Abercrombie & Fitch, down $5.88 to $29.50

The clothing and accessories retailer reported worse-than-expected quarterly results on weaker sales.

Nasdaq

Salix Pharmaceuticals Ltd., down $47.08 to $91.47

The drugmaker reported weak results, cut its outlook and its chief financial officer resigned in the midst of an inventory review.

Sears Holdings Corp., up $10.14 to $42.81

The retailer said it is considering forming a real-estate investment trust and selling up to 300 buildings to boost liquidity.

First Solar Inc., down $6.12 to $50.29

The solar energy company reported weak quarterly results, cut its outlook and said it will not spin off its solar power plants.

Bruker Corp., down $2.98 to $17.91

The scientific equipment maker reported lower-than-expected quarterly results and its financial outlook fell short of forecasts.