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FedEx and Hill-Rom are big market movers

June 17, 2015

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


FedEx Corp., down $5.40 to $176.73

The package delivery company reported a fiscal fourth-quarter loss and the results fell short of Wall Street expectations.

Hill-Rom Holdings Inc., up $3.32 to $55.70

The medical technology company will buy privately held rival Welch Allyn for about $2.05 billion in a cash-and-stock deal.

Actuant Corp., down 66 cents to $23.18

The industrial products company reported better-than-expected quarterly profit, but it offered weaker-than-expected guidance.

SeaDrill Ltd., down 14 cents to $11.29

The offshore drilling contractor sold the deep water drillship the West Polaris to Seadrill Partners LLC in a cash and debt deal.


Kythera Biopharmaceuticals Inc., up $13.39 to $74.11

The biotechnology company behind a “double chin” injection is being bought by Botox-maker Allergan Plc. for about $2.1 billion.

Synergy Pharmaceuticals Inc., up $3.14 to $7.78

The biotechnology company reported positive results from a key late-stage study on its constipation treatment.

La-Z-Boy Inc., down 95 cents to $26.21

The furniture company met Wall Street’s fiscal fourth-quarter profit expectations, but its revenue results fell short of forecasts.

DavidsTea Inc., down $7.16 to $22

The tea purveyor of disappointed Wall Street with its financial outlook and a report of a fiscal first-quarter loss.

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