Big Movers in the Stock Market
NEW YORK (AP) _ Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market.
McCormick & Co. Inc., down $3.70 to $29.51.
Two brokerages downgraded the spice maker after it reduced its third-quarter and 2005 earnings forecasts.
Wal-Mart Stores Inc., down 23 cents to $45.46.
The retailer said only 17 of its stores remain closed after Hurricane Katrina, which closed 126 of its facilities when it hit.
World Wrestling Entertainment Inc., up $1.10 to $13.51.
The entertainment company said its first-quarter net income rose 47 percent.
Adtran Inc., up $5.19 to $30.30.
The network equipment maker said its earnings for the third quarter and fiscal 2005 would be above Wall Street’s expectations.
Altera Corp., down $1.44 to $20.36.
The chip manufacturer warned in a mid-quarter update that its gross margin would be lower than anticipated.
Shuffle Master Inc., up $3.29 to $27.54.
The gaming company raised its fiscal 2005 and 2006 earnings views.