AP News

American Greetings, Blyth, Jabil are market movers


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

NYSE

American Greetings Corp., up $2.48 at $16.82

The greeting card company said that a group led by its CEO and chief operating officer wants to buy it for about $581 million.

Blyth Inc., down $6.89 at $25.68

Blyth's ViSalus unit, which makes weight-loss products, withdrew its initial public offering due to uncertain market conditions.

Jabil Circuit Inc., down $2.07 at $18.90

Weaker demand and higher costs drove the electronic parts maker's fiscal fourth-quarter net income down 28 percent and resulted in a a disappointing forecast.

Synnex Corp., down $1.80 at $32.45

The back office support services company said that its fiscal third-quarter net income fell 10 percent on virtually flat revenue.

Capital Senior Living Corp., up 46 cents at $14.52

Citing future growth, a Raymond James analyst initiated coverage of the senior housing provider's stock with a "Strong Buy" rating.

Nasdaq

Sucampo Pharmaceuticals Inc., up 19 cents at $4.72

The drug maker said the Food and Drug Administration agreed to conduct a faster review of Amitiza, a treatment for constipation.

Fortinet Inc., down 83 cents at $25.02

Yahoo Inc. said that it was hiring the security software company's chief financial officer for the same job at the Internet company.

Copart Inc., up 43 cents at $27.83

Shares of the automobile auctioneer hit an all-time high after posting fourth-quarter results that topped Wall Street expectations.


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