Ford, Lennar, Jabil, Ariad and Zagg are big market movers

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


Ford Motor Co., down $1.05 to $15.65

After a banner year with pretax profit of about $8.5 billion, the carmaker forecast 2014 earnings of $7 billion to $8 billion.

Lennar Corp., up $2.23 to $37.43

Higher prices and strong sales sent the homebuilder’s quarterly profit rocketing 32 per cent, and its full-year revenue up 44 per cent.

Jabil Circuit Inc., down $4.05 to $15.67

The electronics company reported a slim quarterly profit and issued a cautious outlook.

Valassis Communications Inc., up $6.30 to $34.60

The company responsible for many of the inserts put into the morning paper is being acquired for about $1.31 billion.


Ariad Pharmaceuticals Inc., up 82 cents to $4.98

European regulators will review the drug maker’s cancer treatment in December, according to a meeting agenda posted online.

Zagg Inc., up 17 cents to $4.07

The mobile phone accessory maker was picked by Samsung to design products, which is likely to expand its global footprint.

Isle of Capri Casinos Inc., up 33 cents to $8.13

The casino operator announced a definitive agreement with Scott County Casino to sell its Rhythm City Casino in Davenport, Iowa.

Tower Group International Ltd., down $1.19 to $2.74

The insurer is cutting 10 per cent of its workforce and may need to add between $75 million and $105 million to its reserves.