Darden, Exelon, Nike, Visa and Symantec are big market movers

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


Darden Restaurants Inc., up $1.36 to $50.66

Fourth-quarter revenue slipped 1 per cent, hurt by a sales drop at its Red Lobster chain, which it has said it plans to sell or spin off.

Exelon Corp., up $1.18 to $32.55

Credit Suisse said the competitive power sector has reached a bottom and upgraded the energy provider to “Outperform.”

Media General Inc., up 10 cents to $17.44

The company is buying fellow TV broadcaster LIN Media in a deal worth about $1.6 billion in cash and stock.

Tiffany & Co., down 44 cents to $90.73

The jewelry company posted a loss for its fourth quarter, hurt by a charge tied to an unfavourable arbitration ruling.

Visa Inc., up $1.55 to $223.37

A federal appeals court handed card companies a victory when it ruled the Federal Reserve was authorized to cap debit card swipe fees.

Nike Inc., down $4.06 to $75.21

Nike said strong global demand for its athletic goods helped third-quarter profit, but investors were disappointed with the company’s guidance.


Symantec Corp., down $2.70 to $18.20

The security software maker fired its CEO, Steve Bennett, and named a temporary replacement.

Versartis Inc., up $10.37 to $31.37

Shares of the biotech drugmaker soared on their first day of trading, continuing a strong streak in IPOs for the health care sector.