Avon and Norfolk Southern 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
Avon Products Inc., up 23 cents to $4.22
The beauty products company is talking with Cerberus Capital Management about a potential deal, according to media reports.
Norfolk Southern Corp., down $1.05 to $92.06
The railroad operator rejected Canadian Pacific's proposal to combine the companies in a deal worth more than $28 billion.
Barnes & Noble Inc., down $2.01 to $10.04
The book retailer reported a loss for its latest quarter, hurt by weakening sales trends at its stores and online.
Chesapeake Energy Corp., down 32 cents to $4.55
Analysts say warm weather in the U.S. is hurting demand for heat and also for stocks of natural gas drillers.
Nasdaq
KaloBios Pharmaceuticals Inc., up $1.81 to $31.13
The biotechnology company is raising $8.2 million through a private placement of stock and will use the proceeds for development.
Five Below Inc., up $1.52 to $29.43
The discount retailer reported better-than-expected third-quarter profit and revenue and gave an upbeat outlook.
Trevena Inc., up 52 cents to $12
The biotechnology company's potential pain drug received special FDA status to help speed up its development and review.
Zumiez Inc. (ZUMZ), up 74 cents to $14.64
The clothing retailer reported better-than-expected revenue and earnings per share for its latest quarter.