Exxon and UBS are big market movers

AP News
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Posted: Feb 02, 2016 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

Exxon Mobil Corp., down $1.70 to $74.59

The oil and natural gas company's fourth-quarter profit fell 58 percent due to lower crude prices.

UBS Group AG, down $1.29 to $15.23

The bank cited low levels of client activity in the fourth quarter as investors pulled billions out of its wealth management arm.

Royal Caribbean Cruises Ltd., down $12.82 to $71.70

The cruise line operator provided disappointing 2016 guidance.

Michael Kors Holdings Ltd., up $9.67 to $50.11

The luxury retailer reported better-than-expected fiscal third-quarter profit and revenue.

Archer Daniels Midland Co., down $3.10 to $32.36

The agribusiness giant reported worse-than-expected quarterly profit as weak energy prices and a strong dollar cut into revenue.

Nasdaq

Alphabet Inc., up $10.14 to $780.91

The parent company of Google, now the world's most valuable company, reported better-than-expected fourth-quarter profit.

Sirius XM Holdings Inc., down 15 cents to $3.57

The satellite radio company's fourth-quarter profit met Wall Street forecasts, but it expects slower subscriber growth in 2016.

Rent-A-Center Inc., down $3.39 to $9.89

The company, which leases furniture and appliances, swung to a fourth-quarter loss and the results fell short of expectations.