Personal Finance

September 26, 2013

eBay, Facebook, Hertz, J.C. Penney

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

Hertz Global Holdings Inc., down $4.15 to $21.63

Hertz cuts its profit and revenue outlook for the year due to softer-than-expected demand for U.S. airport car rentals.

J.C. Penney Co. Inc., up 30 cents to $10.42

A two-day plunge in the retailer’s shares ends, for now, after it delivers assurances of stronger sales.

Air Products Chemicals Inc., up $2.46 to $109.78

The company announced the departure of its CEO and also changes to its board amid pressure from Bill Ackman’s Pershing Square.

Jabil Circuit Inc., down $2.38 to $21.62

The electronics and design company, which has a lot of exposure to troubled Blackberry, gave a weak first-quarter forecast.

Nasdaq

Bed Bath Beyond Inc., Up $3.32 to $77.54

Profits at the home-ware retailer spiked 11 percent and revenue jumped 9 percent on strong comparable store sales.

eBay Inc., up $2.43 to $56.64

The e-commerce giant reached a deal to buy online and mobile payments technology provider Braintree for $800 million in cash.

Ballard Power Systems Inc., up 12 cents to $1.77

The fuel cell company signs a multiyear agreement to supply Azure Hydrogen’s zero emission fuel cell bus program in China.

Facebook Inc., up 93 cents to $50.39

Shares of the social media company climb above $50 for the first time as industry watchers sense new revenue streams.

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