Wal-Mart and TripAdvisor are big market movers

AP News
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Posted: Oct 14, 2015 4:51 PM

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

NYSE

Wal-Mart Stores Inc., down $6.70 to $60.03

The world's biggest retailer expects flat sales growth for the year, weighed by currency exchange rates and spending to revitalize its business.

Bank of America Corp., up 12 cents to $15.64

The bank swung to a third-quarter profit, partly on cost-cutting measures, and its results beat Wall Street expectations.

Delta Air Lines Inc., up 86 cents to $48.59

The airline reported better-than-expected third-quarter profit on lower fuel costs.

Jarden Corp., up 39 cents to $51.08

The consumer products company is buying the parent company of Jostens, which makes of rings for students, for about $1.5 billion.

JPMorgan Chase & Co., down $1.56 to $59.99

The financial services firm's third-quarter profit was boosted by a one-time tax benefit but its results fell short of Wall Street expectations.

Nasdaq

TripAdvisor Inc., up $17.03 to $83.72

The travel website operator has a deal with The Priceline Group that will put several Priceline brands on TripAdvisor's instant-booking platform.

Cepheid, down $8.56 to $31.05

The molecular diagnostics company forecast disappointing results, especially in its commercial business.

SanDisk Corp., up $6.93 to $68.70

Bloomberg News reported the memory chipmaker hired a bank to explore a potential sale and rivals Micron and Western Digital are interested.