NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
FedEx Corp., up $4.49 to $171.16
The U.S. package delivery company has agreed to take over Dutch delivery company TNT Express for about $4.8 billion.
Axalta Coating Systems Ltd., up $2.78 to $31.11
Warren Buffett’s Berkshire Hathaway Inc. will pay $560 million for a nearly 10 per cent stake in the maker of coating systems.
The Greenbrier Cos., up $1.83 to $62.43
The maker of railroad freight car equipment reported fiscal second-quarter earnings that beat Wall Street expectations.
Arena Pharmaceuticals Inc., up 17 cents to $4.53
The drug developer received a patent for its weight loss drug Belviq, preventing other companies from producing a similar drug.
Informatica Corp., up $1.96 to $47.79
The data and software company is going private. Two private equity firms are buying it for about $5.3 billion,
Viacom Inc., down $1.32 to $67.28
The media company announced a round of layoffs and restructuring that will result in it booking $785 million in special expenses.
Hooker Furniture Corp., up $2.69 to $21.40
The home furnishings company said that sales of Sam Moore Furniture and Bradington-Young rose during its fourth quarter.
A. Schulman Inc., down $1.65 to $46.75
The supplier of plastic compounds and resins reported a loss of $888,000, after reporting a profit in the same period a year earlier.