Facebook, Under Armour, Google, Blackstone and Viacom are big market movers

The Associated Press 0

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Under Armour Inc., up $19.54 to $104.76

Thanks to strong sales of running shoes and winter products, the athletic gear maker’s fourth-quarter net income rose 28 per cent.

The Blackstone Group LP, up $1.30 to $32.23

The private equity firm said that its fourth-quarter profit jumped as the market for initial public offerings improved.

Whirlpool Corp., down $9.41 to $132.22

The appliance maker’s fourth-quarter net income rose 48 per cent, but its adjusted earnings fell short of Wall Street expectations.

Diageo PLC, down $6.60 to $120.48

The maker of Johnnie Walker whisky and Smirnoff vodka reported a drop in sales during the six months ending on Dec. 31.

HanesBrands Inc., up $7.42 to $72.49

The clothing company said its fourth-quarter net income fell 60 per cent, but its results still easily beat Wall Street expectations.

Nasdaq

Facebook Inc., up $7.55 to $61.08

The social media company’s stock hit an all-time high after it reported stronger-than-expected results for the fourth quarter.

Google Inc., up $28.47 to $1,135.39

The Internet company said it will sell its Motorola Mobility smartphone business to Lenovo Group for $2.9 billion.

Viacom Inc., up $3.04 to $84.01

The owner of Nickelodeon, MTV, Comedy Central and Paramount Pictures said its net income for the first quarter jumped 16 per cent.

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