Praxair, Intel rise; Embraer, TiVo fall
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday:
Embraer S.A., down $2.71 at $23.50
Boeing will own 80 percent of a joint venture with the Brazilian jet maker. The new company is facing scrutiny from lawmakers in Brazil.
International Speedway Corp., up 25 cents at $45.60
The Daytona Beach, Florida-based car racing company posted results that beat analysts’ forecasts.
Praxair Inc., up $4.70 at $161.88
The company, which is seeking to combine with Linde AG, will sell most its European assets to Japan’s Taiyo Nippon Sanso Corp.
TiVo Corp., down 55 cents at $13.30
The company named a new CEO effective immediately following the departure of Enrique Rodriguez.
Barnes & Noble Inc., up 5 cents at $5.90
The bookseller fired CEO Demos Parneros after barely a year on the job for violating company policies.
Brookfield Infrastructure Partners L.P., up $2.14 at $40.87
The company said it would buy Enbridge Inc.’s natural gas businesses in western Canada.
Intel Corp., up $1.28 at $50.75
Technology stocks posted some of the biggest gains in the market.
Anadarko Petroleum Corp., down 88 cents at $72.58
Energy companies lagged the market as the price of crude oil fell.