Movado, CBRE Group, Teck Resources, Kraft and Charter Communications are big market movers

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


Movado Group Inc. (MOV), up $2.89 to $28.52

The luxury watch maker reported better-than-expected fourth-quarter profit and raised its quarterly dividend by 10 per cent.

CBRE Group Inc. (CBG), up $2.30 to $38.71

The commercial real estate services company is buying Johnson Controls Inc.’s global workplace solutions business for $1.48 billion.

Teck Resources Ltd. (TCK), down $1.54 to $13.73

Copper mining company Antofogasta Plc said it is not in discussions with the fellow copper miner about a potential merger.

Phoenix Cos. (PNX), down $6.08 to $49.99

The life insurance company swung to a loss for both the fourth quarter and full year on restatement expenses and interest rates.


Synta Pharmaceuticals Corp. (SNTA), down 39 cents to $1.94

The biotechnology company priced a public offering of 22 million shares of common stock below the prior day’s closing price.

Kraft Foods Group Inc. (KRFT), down $3.48 to $87.13

The food and beverage company is ending its partnership with a dietitian group over criticism regarding the “Kids Eat Right” logo.

Charter Communications Inc. (CHTR), up $9.72 to $193.11

The cable operator is buying Bright House Networks LLC in a deal that would create the second-largest cable operator in the U.S.

Orthofix International NV (OFIX), up $4.58 to $35.89

The medical device maker swung to a fiscal third-quarter profit and entered an 18-month option agreement to buy eNeura Inc.