HP, United Continental, Gymboree among companies making big moves in the stock marketBy AP
Friday, October 1, 2010
HP, United Continental among market movers
NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
Accenture PLC, up $1.89 at $44.38
The management consulting firm posts better-than-expected quarterly results, raises its 2011 profit outlook and boosts its dividend.
Hewlett-Packard Co., down $1.30 at $40.77
The PC and software maker names former SAP AG executive Leo Apotheker as CEO to replace ousted chief Mark Hurd.
United Continental Holdings Inc., up $1.04 at $24.70
United and Continental complete their deal to create the world’s biggest airline, ending Delta’s brief hold on the top spot.
Hertz Global Holdings Inc., down 58 cents to $10.01
Dollar Thrifty shareholders reject the car rental company’s takeover offer, opening the door for a rival bid from Avis.
Christopher & Banks Corp., down $1.24 at $6.67
Weak August sales drive the women’s clothing retailer to post second-quarter results below Wall Street expectations.
Gymboree Corp., up $8.32 at $49.86 The children’s clothing seller is considering selling itself to a private equity firm, according to a published report.
MedQuist Inc., up $2.35 at $11.11
The provider of transcription and dictation services for doctors says it will pay a special dividend of $4.70 per share.
DynaVox Inc., down $2.68 at $5.44
The maker of educational products for the speech and learning disabled withdraws its 2011 profit guidance due to weaker demand.
Tags: Dividends, New York, North America, Ownership Changes, United States