NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Tiffany & Co., up $3.01 at $79.22
The high-end jewelry company known for its blue boxes, reported a 3 per cent rise in first-quarter net income on higher sales.
Valeant Pharmaceuticals International Inc., up $7.33 at $91.80
The Canadian drugmaker said that it will pay $8.7 billion to buy Bausch + Lomb, the privately held maker of contact lenses.
Michael Kors Holdings Ltd., up $1.89 at $61.98
In a note to clients, a Citi analyst said that watches from the clothing and accessories company are selling well in stores.
FirstEnergy Corp., down $2.76 at $39.86
A Credit Suisse analyst downgraded his rating on the utility’s stock to “neutral” from “outperform,” saying a glut of energy is pushing down prices.
Lender Processing Services Inc., up 60 cents at $33.49
Fidelity National Financial Inc. agreed to buy the technology company that services the mortgage industry for about $2.82 billion.
Dole Food Co. Inc., down 65 cents at $10.41
The fruit and vegetable company is suspending its share repurchase plans and plans to use its cash to update its shipping fleet instead.
Canadian Solar Inc., up 78 cents at $9.39
The solar company posted a much smaller first-quarter loss than a year ago and its first-quarter solar module shipments were better than expected.
Tesla Motors Inc., up $13.25 at $110.33
Shares of the electric car maker hit an all-time high after last week’s stock-and-note offering that raised nearly $1 billion.