Personal Finance

July 26, 2013

Starbucks, Zynga, Tempur Sealy

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market.
NYSE

Tempur Sealy International Inc., down $4.91 at $37.05

The mattress company posted a quarterly loss and cut its outlook for the year because of weak sales in North America.

W.P. Carey Inc., up $3.08 at $70.89

The real estate investment trust is buying Corporate Property Associates 16 - Global Inc. in a deal valued at about $4 billion.

Nasdaq

Starbucks Corp., up $5.19 at $73.36

The coffee chain’s profit climbed 25 percent in the latest quarter as its coffee costs eased and more people came to its cafes.

Zynga Inc., down 49 cents at $3.01

The maker of online games “Farmville” and “Mafia Wars” is dropping its plans to pursue online casino-style games in the U.S.

Expedia Inc., down $17.80 at $47.20

The online travel company said that its second-quarter profit fell by one-third. The company has been hurt by increasing competition.

LogMeIn Inc., up $1.69 at $30.01

The company, which operates a service that lets people remotely access their computers, posted second-quarter adjusted results that topped expectations.

Deckers Outdoor Corp., down $5.32 at $53.55

The footwear maker said that its second-quarter net loss widened, hurt by lower sales of its Ugg sheepskin boots and Teva sandals.

Activision Blizzard Inc., up $2.28 at $17.46

Vivendi SA said that it is selling most of its majority stake in video game maker Activision Blizzard Inc. for $8.2 billion.

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