Delta and Smith & Wesson 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
Delta Air Lines Inc., up $3.33 to $49.17
The airline reported a fourth-quarter loss because of fuel-hedging costs, but the results still beat Wall Street expectations
Johnson & Johnson, down $2.75 to $101.29
The health care products company reported better-than-expected fourth-quarter profit, but its revenue fell short of forecasts.
Express Inc., down $1.85 to $12.59
The clothing and apparel retailer ended talks on a potential sale to Sycamore Partners because of financing issues.
FXCM Inc., down $11.03 to $1.60
The online foreign exchange trading broker disclosed that its bailout loan from Leucadia National Corp. includes a rising rate for each month that the loan remains open.
Nasdaq
Smith & Wesson Holding Corp., up $1.65 to $11.67
The firearms maker raised its earnings guidance for the third quarter and its 2015 fiscal year, citing positive trends in the consumer firearm market.
iGate Corp., down $6.49 to $35.87
The technology consulting and outsourcing firm reported worse-than-expected quarterly earnings, despite revenue that topped expectations.
Outerwall Inc., down $15.72 to $62.05
The CEO of the operator of DVD rental kiosks and coin-counting machines, J. Scott Di Valerio, resigned.
CytRx Corp., down 7 cents to $3.25
The FDA lifted a research hold that had been placed on the biotechnology company's potential cancer treatment, aldoxorubicin.