Coca-Cola and MasterCard are big market moversApril 15, 2014 @ 2:05 pm
NEW YORK (AP) -- Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
The Coca-Cola Co., up $1.45 to $40.18
The first global sales volume decline for soda in at least a decade was offset by sales of noncarbonated drinks such as juice.
MasterCard Inc., up 97 cents to $72.15
Janney Capital upgraded major credit card companies citing a significant pullback in stock prices and solid business plans.
Johnson & Johnson, up $2.06 to $99.20
Controlled costs and a jump in prescription drug sales fueled an 8 percent increase in quarterly profit at the health care company.
Whirlpool Corp., up $3.09 to $151.46
Bonuses for shareholders as the appliance maker announces a new $500 million share repurchase program and a bigger dividend.
The Charles Schwab Corp., up 81 cents to $26.11
Profit rose almost 60 percent with the broker picking up healthy asset-management fees and saw stronger trading revenue.
PetSmart Inc., down $2.76 to $66.61
New competition in pet care will create some headwinds, according to Bank of America Merrill Lynch, which downgraded the retailer.
Zebra Technologies Corp., down $6.89 to $61.39
The bar-code company will spend $3 billion to buy the enterprise business of Motorola Solutions in a considerable expansion.
Halozyme Therapeutics Inc., up 20 cents to $7.39
Citigroup initiated coverage of the biopharmaceutical company, saying Wall Street is not recognizing its value when compared to peers.
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