Tupperware and Apple are big market movers

AP News
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Posted: Jan 28, 2015 6:12 PM

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

NYSE

United States Steel Corp., up $2.31 to $23.58

The steel company reported a drop in fourth-quarter profit and revenue, but the results beat Wall Street expectations.

Freescale Semiconductor Ltd., up $4.81 to $31.16

The computer chip maker reported better-than-expected fourth-quarter earnings results and gave a positive revenue outlook.

Tupperware Brands Corp., up $6.93 to $66.67

The direct seller of plastic storage containers reported better-than-expected fourth-quarter profit and revenue.

Alibaba Group Holding Ltd., down $4.49 to $98.45

Chinese regulators accused the e-commerce giant of permitting sales of fake goods and hurting consumers.

Nasdaq

Apple Inc., up $6.17 to $115.31

The technology company reported better-than-expected fourth-quarter profit and revenue on record sales of its iPhones.

Electronic Arts Inc., up $6.20 to $54.61

The video game maker reported better-than-expected fiscal third-quarter profit and revenue on mobile and sports titles.

CommScope Holding Co., up $1.56 to $27.13

The telecommunications equipment maker will buy the majority of TE Connectivity's network equipment business for about $3 billion.

Gentex Corp., down $1.03 to $16.47

The maker of automatic-dimming rearview mirrors reported worse-than-expected fourth-quarter profit and revenue results.