NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:
Teekay Tankers Ltd., down 70 cents to $4.70
The ocean-freight hauler is buying five tankers and priced 20 million shares for sale to raise cash, which pressured its stock.
Xerox Corp., up 7 cents to $13.96
The business services provider is selling its information technology outsourcing division to France’s Atos for $1.05 billion.
CarMax Inc., up $6.79 to $67.32
Booming sales and an expanding footprint nationwide pushed third-quarter profit up 22 per cent at the used car dealership chain.
Nike Inc., down $2.24 to $94.84
Signs that orders from Asia and developing markets are weakening overshadowed a strong quarter from the athletic gear company.
BlackBerry Ltd., down 8 cents to $9.99
Disappointing revenue got more attention than a surprise third-quarter operating profit from the Canadian communications company.
ImmunoGen Inc., down $4.74 to $6.11
A breast cancer treatment from a drug development partner failed to deliver significant improvement for patients in a late-stage study.
Hasbro Inc., down $3.73 to $54.63
The toy industry has “taken a turn for the worse,” said analysts with BMO, which took an especially hard view of this toy maker.
Finish Line Inc., down $5.55 to $23.35
Extensive charges and pressure on merchandise margins weighed on the shoe seller during the third quarter, despite rising profits.