Harley-Davidson and Rambus are big market movers

AP News
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Posted: Oct 20, 2015 4:24 PM

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

NYSE

Harley-Davidson Inc., down $7.80 to $48.25

The motorcycle maker reported worse-then-expected third-quarter profit and revenue while cutting its full-year shipment outlook.

Verizon Communications Inc., up 54 cents to $45.24

The largest U.S. cellphone carrier's third-quarter results topped expectations as it lured more customers despite rivals' aggressive marketing push.

Lockheed Martin Corp., down $1.91 to $208.73

The aerospace and defense company reported better-than-expected third-quarter profit but gave a lackluster sales outlook.

Yum Brands Inc., up $1.32 to $73.03

The owner of KFC, Pizza Hut and Taco Bell plans to spin off its sluggish China business into a separate, publicly traded company.

Team Health Holdings Inc., up $10.09 to $62.59

AmSurg Corp. is offering to buy the health care staffing and services company in a cash-and-stock deal worth about $7.8 billion.

United Technologies Corp., up $3.57 to $95.62

Earnings from the maker of elevators, helicopters, jet engines and other products topped expectations despite the impact of the strong dollar.

International Business Machines Corp., down $8.58 to $140.64

The technology company reported better-than-expected third-quarter profit, but revenue fell short of Wall Street forecasts.

Nasdaq

Rambus Inc., down $3.89 to $10

The memory chip designer reported disappointing third-quarter profit and revenue along with lackluster revenue guidance.