Valeant and CVS 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
Valeant Pharmaceuticals International Inc., down $17.73 to $93.77
The company is cutting ties with Philidor, which is shutting down following accusations that it was a "phantom pharmacy" used solely to artificially boost sales.
AbbVie Inc., up $5.45 to $59.55
The drugmaker reported better-than-expected third-quarter results on a boost in sales of the anti-inflammatory Humira.
CVS Health Corp., down $5.02 to $98.78
The drugstore chain reported a worse-than-expected third-quarter profit and narrowed its outlook.
Anheuser-Busch InBev, up $1.59 to $119.33
The world's largest brewer reported a 9.6 percent boost in third-quarter profit, driven by Budweiser, Stella and Corona brands.
LinkedIn Corp., up $23.87 to $240.87
The professional networking service reported better-than-expected third-quarter profit and revenue and a boost in accountholders.
Nasdaq
First Niagara Financial Group Inc., down 3 cents to $10.35
KeyCorp is buying the regional bank in a $4.1 billion deal that will create the 13th largest commercial bank in the U.S.
Expedia Inc., up $9.24 to $136.30
The online travel company reported better-than-expected third-quarter profit.
SolarCity Corp., down $8.42 to $29.65
The installer of solar panels reported worse-than-expected third-quarter earnings.