Goodyear Tire and KB Home are big market movers
NEW YORK (AP) - Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
ChannelAdvisor Corp., down $11.32 to $9.83
The e-commerce technology company expects fourth-quarter revenue to fall short of its prior guidance and Wall Street expectations.
Emulex Corp., up $1.21 to $7.01
The network technology and management company expects to report fiscal second-quarter results above its previous guidance.
Ocwen Financial Corp., down $4.41 to $7.78
California wants to suspend the mortgage servicer's license over a possible failure to comply with homeowner protection laws.
KB Home, down $2.70 to $13.87
The homebuilder's quarterly profit missed expectations and its CEO said the company is experiencing softening demand and rising costs.
IHS Inc., up $7.30 to $117.43
The business information and analytics firm reported a 47 percent boost in quarterly profit, topping Wall Street expectations.
Nasdaq
The Goodyear Tire & Rubber Co., down $1.98 to $26.05
The tire company expects to report slow growth for 2014, with mainly flat global volume, and reaffirmed its 2015 growth outlook.
Pharmacyclics Inc., up $20.29 to $144
The biotechnology company said it expects to report a boost in product revenue for 2014 and forecast a doubling of revenue in 2015.
Beneficial Mutual Bancorp Inc., down 13 cents to $10.82
The regional banking services holding company completed its conversion to a stock holding company from a mutual holding company.