Alcoa and Gap are big market movers

Created: 10/09/2015 5:21 PM WNYT.com

NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and the Nasdaq Stock Market:


Alcoa Inc., down 75 cents to $10.26

The aluminum maker reported worse-than-expected third-quarter results as aluminum prices continue sinking.

The Gap Inc., down $1.53 to $27.42

The clothing retailer and owner of Gap, Old Navy and Banana Republic stores reported disappointing September sales.

SeaWorld Entertainment Inc., down 97 cents to $18.15

A California commission approved an expansion of tanks at a San Diego ocean park but banned breeding of captive orcas that would live in them.


Apollo Education Group Inc, down $1.07 to $11.29

The Defense Department may exclude the parent company of the University of Phoenix from a program providing tuition assistance to military personnel.

Ascena Retail Group Inc., down 56 cents to $13.64

Private equity firm Golden Gate Capital took a 9 percent stake in the retailer, which owns Dress Barn, Lane Bryant and Ann Taylor.

Horizon Pharma PLC, up $1.19 to $19.51

The drug developer cleared a regulatory hurdle in its attempt at a hostile takeover of Depomed, which has rejected its bids.

Uti Worldwide Inc., up $2.41 to $7.13

Logistics company DSV will buy the logistics and supply chain company for about $1.35 billion in a move to expand in the U.S.

Helen of Troy Ltd., up $6.96 to $101.72

The personal and household products company reported better-than-expected second-quarter profit and revenue and an upbeat outlook.

(Copyright 2015 by The Associated Press. All Rights Reserved.)


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