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Visa and Baidu are big market movers

Created: 10/30/2014 5:52 PM WNYT.com
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NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Visa Inc., up $21.99 to $236.65

The world's largest processor of debit and credit card payments reported better-than-expected quarterly revenue and profit.

BorgWarner Inc., down $2.49 to $54.37

The auto parts maker lowered its full-year profit and revenue outlook, placing the forecast below Wall Street expectations.

Terex Corp., down $3.20 to $27.38

The machinery parts maker reported worse-than-expected quarterly financial results and warned of a weak annual profit outlook.

Yamana Gold Inc., down 92 cents to $4.46

The gold mining company reported a quarterly loss on taxes and other costs and the results fell short of Wall Street expectations.

The New York Times Co., down 66 cents to $12.74

The newspaper publisher predicted that advertising revenue would drop in the current quarter.

Nasdaq

Baidu Inc., up $12.46 to $237.01

The Chinese search engine reported a 27 percent boost in quarterly profit and the results beat Wall Street expectations.

Accuray Inc., down $1.03 to $6.22

The radiation oncology company reported worse-than-expected fiscal first-quarter financial results and reaffirmed its outlook.

Taser International Inc., up $1.23 to $17.70

The stun gun maker reported better-than-expected quarterly profit and revenue, partly on growth in North America.

(Copyright 2014 by The Associated Press. All Rights Reserved.)

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