Credit Suisse and Casey's are big market movers

AP News
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Posted: Mar 10, 2015 4:54 PM

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

NYSE

Credit Suisse Group AG, up $1.57 to $25.11

The financial services firm named Tidjane Thiam as its new CEO effective at the end of June, replacing longtime CEO Brady Dougan.

Lumber Liquidators Holdings Inc., up $1.63 to $29.58

The flooring retailer said it will publicly address product safety issues following allegations of high levels of formaldehyde.

Bank of New York Mellon Corp., down 60 cents to $39.19

Activist investor Marcato Capital Management is calling for the bank's CEO to be replaced.

Nasdaq

Urban Outfitters Inc., up $4.55 to $44.06

The clothing and accessories retailer reported better-than-expected fourth-quarter profit and matched revenue expectations.

Casey's General Stores Inc., down $3.18 to $87.55

The convenience store chain reported better-than-expected fiscal third-quarter profit, but revenue fell short of expectations.

United Natural Foods Inc., down $6.95 to $74.53

The natural and specialty foods distributor said the weakened Canadian dollar is still hurting its business.

Akorn Inc., down $6.40 to $45.44

Activis launched a rival to Akorn's clobetasol cream, leading analysts to lower their earnings estimates on the specialty drug maker.

Westport Innovations Inc., down 90 cents to $4.78

The maker of natural-gas engine technology reported a fourth-quarter loss and the results fell short of expectations.