Netflix, Lexmark, RadioShack, Wendy’s
07/23/2013 4:35 PM
07/23/2013 4:36 PM
Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
RadioShack Corp., down 15 cents at $2.78
The struggling electronics retailer said that its second-quarter loss widened. It is bringing in consultants to help improve results.
Lexmark International Inc., up $1.86 at $36.43
The printer maker said that its second-quarter earnings more than doubled on higher demand for its print management software.
Netflix Inc., down $11.70 at $250.26
The Internet video service’s second-quarter profit more than quadrupled, but its new subscriber numbers fell short of expectations.
The Wendy’s Co., up 55 cents at $7.23
The fast-food chain’s quarterly net income beat Wall Street expectations and the company said it’s selling 425 of its restaurants to franchisees.
Texas Instruments Inc., up $1.51 at $38.93
The semiconductor company said that second-quarter profit rose 48 percent on cost-cutting and demand for computer chips.
Sourcefire Inc., up $16.41 at $75.49
Cisco Systems Inc., the networking equipment company, is buying the computer network security company for about $2.37 billion.
Array BioPharma Inc., up 58 cents at $6.14
The drug developer said that its potential allergic asthma treatment fared much better than a placebo in mid-stage testing.
Capella Education Co., up $3.96 at $47.93
The online education company’s stock hit a two-year high after a 12.7 percent jump in new enrollments in the second quarter.
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