Coach, Sprint and 3M climb while Lockheed shares slip

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


Coach Inc., up $2.98 to $33.33

The luxury handbag maker’s fourth-quarter profit surpassed analyst expectations.

3M Co., up $7.21 to $144.78

The maker of Post-it notes, industrial coatings and ceramics reported strong results and backed its annual forecast.

Procter & Gamble Co., up $1.96 to $78.81

The consumer goods maker said its profit increased as it raised prices and cut costs.

Johnson & Johnson, up $4.78 to $101.18

The health care conglomerate reported a larger quarterly profit after it sold its Cordis heart device business.

Corning Inc., up 95 cents to $17.71

The specialty glass maker rose after its fourth-quarter results were better than expected.

Sprint Corp., up 47 cents to $2.99

The wireless provider raised its outlook for the year and said it lured more users.

Lockheed Martin Corp., down $1.08 to $209.93

Lockheed will buy engineering company Leidos, combine it with its information systems and global solutions unit, then separate that company.


FirstMerit Corp., up $2.82 to $18.19

The bank agreed to be acquired by competitor Huntington Bancshares for about $3.4 billion.