Precision Castparts and UBS are big market movers

AP News
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Posted: Jan 16, 2015 4:41 PM

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

NYSE

Precision Castparts Corp., down $20.09 to $199.63

The metal components and products company reported quarterly financial profit and revenue below Wall Street expectations.

Regal Entertainment Group, down $1.08 to $20.01

The movie theater company decided against a sale, saying the move would not be in the best interest of its shareholders.

Schlumberger Ltd., up $4.70 to $81.33

The oil and gas exploration technology and services company reported better-than-expected fourth-quarter profit and cut jobs in response to falling oil prices.

UBS AG, down 30 cents $16.23

The Swiss bank agreed to pay $14.4 million to settle charges it failed to disclose information about its "dark pool" trading system.

Nasdaq

Viacom Inc., up $1.59 to $68.07

The media and entertainment company extended the contract of its President and CEO Philippe Dauman by two years through 2018.

Depomed Inc., up $2.55 to $20.20

The pharmaceutical company will pay $1.05 billion to buy the U.S. rights to Johnson & Johnson's Nucynta pain drug franchise.

Tessera Technologies Inc., up $3.67 to $37.22

The technology company entered a settlement agreement with Amkor Technology Inc. and raised its recurring revenue guidance.

Courier Corp., up $5.13 to $19.62

The book publisher and distributor is being bought by Quad/Graphics for about $260 million, including debt and capital leases.