Business Finance

UPS, RealD, WebMD Stocks Move Big

Monday Jul 15, 2013

Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:


United Parcel Service Inc., down $5.33 at $86.12

The package delivery and logistics company says its second-quarter earnings will be hurt as customers use cheaper options.

Wells Fargo & Co., up 74 cents at $42.63

Lower expenses and fewer bad loans helped lift the bank's second-quarter profit by 20 percent.

RealD Inc., down $1.34 at $12.17

The company, which licenses 3-D movie equipment to theaters, reported box office figures for June that disappointed investors.

Infosys Ltd., up $2.13 at $46.17

The Indian software outsourcing company reported slightly higher quarterly profit and maintained its revenue growth forecast.

Spansion Inc., down 31 cents at $12.91

The flash memory products maker raised its second-quarter profit expectations, but said its revenue will be lower than expected.

Sprint Nextel Corp., up 17 cents at $6.45

The wireless carrier is introducing a new plan that guarantees new and existing subscribers unlimited voice, text and data plans.


Spreadtrum Communications Inc., up $3.31 at $29.76

The smartphone chip maker said that it has agreed to be acquired by China's Tsinghua Holdings Co. for approximately $1.5 billion.

WebMD Health Corp., up $6.86 at $33.82

The medical website operator raised its guidance for the year after a strong second quarter, citing better demand from advertisers.

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