General Electric and Twitter are big market movers

AP News
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Posted: Oct 16, 2015 4:28 PM

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

NYSE

General Electric Co., up 95 cents to $28.98

Strength from its core industrial units helped the company turn in a better-than-expected third-quarter profit.

Honeywell International Inc., down $1.47 to $97.03

The industrial conglomerate posted better-than-expected third-quarter earnings but trimmed its profit and revenue expectations for the year.

Quanta Services Inc., down $7.47 to $18.74

The contracting services company lowered its third-quarter profit and revenue outlook, citing project delays and a tough market.

Yum Brands Inc., up $2.89 to $72.16

The parent company of KFC, Pizza Hut and Taco Bell named activist investor Keith Meister to its board.

Twitter Inc., up $1.44 to $31.15

Former Microsoft CEO Steve Ballmer bought a 4 percent stake in the short-messaging service.

Alibaba Group Holding Ltd., up 21 cents to $71.99

The e-commerce giant is offering to buy up the rest of Chinese video streaming site Youku Tudou in a $3.6 billion deal.

Nasdaq

Wynn Resorts Ltd., down 86 cents to $72.90

The casino and hotel operator reported worse-than-expected third-quarter profit as it faces regulatory issues in Macau.

Spirit Airlines Inc., down $7.68 to $42.38

The discount airline issued a disappointing fourth-quarter outlook and its stock was downgraded by Morgan Stanley.