Precision Castparts and UBS are big market movers
NEW YORK (AP) - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
NYSE
Precision Castparts Corp., down $20.09 to $199.63
The metal components and products company reported quarterly financial profit and revenue below Wall Street expectations.
Regal Entertainment Group, down $1.08 to $20.01
The movie theater company decided against a sale, saying the move would not be in the best interest of its shareholders.
Schlumberger Ltd., up $4.70 to $81.33
The oil and gas exploration technology and services company reported better-than-expected fourth-quarter profit and cut jobs in response to falling oil prices.
UBS AG, down 30 cents $16.23
The Swiss bank agreed to pay $14.4 million to settle charges it failed to disclose information about its "dark pool" trading system.
Nasdaq
Viacom Inc., up $1.59 to $68.07
The media and entertainment company extended the contract of its President and CEO Philippe Dauman by two years through 2018.
Depomed Inc., up $2.55 to $20.20
The pharmaceutical company will pay $1.05 billion to buy the U.S. rights to Johnson & Johnson's Nucynta pain drug franchise.
Tessera Technologies Inc., up $3.67 to $37.22
The technology company entered a settlement agreement with Amkor Technology Inc. and raised its recurring revenue guidance.
Courier Corp., up $5.13 to $19.62
The book publisher and distributor is being bought by Quad/Graphics for about $260 million, including debt and capital leases.