Avon, VeriFone, VeriFone are market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
Avon Products Inc., up $1.17 at $17.39
The beauty products seller said that its chairman and former CEO Andrea Jung will leave the company at the end of the year.
Constellation Brands Inc., up $1.48 at $36.20
The wine and liquor company posted second-quarter results that beat Wall Street's forecast, and it raised its full-year outlook.
VeriFone Systems Inc., up $1.78 at $31.37
A Citi Investment Research analyst said that the electronic payments company may be on the right path to improve its share price.
Teavana Holdings Inc., up 31 cents at $13.16
A KeyBanc Capital Markets analyst said in a note to clients that the tea seller is making the right steps to build its brand.
Owens-Illinois Inc., up 85 cents at $20.21
A Goldman Sachs analyst raised the glass container company's rating to a "Buy," citing a change to its capital allocation strategy.
Mercury Computer Systems Inc., down $1.34 at $8.30
The defense contractor cut its outlook for its fiscal first quarter, citing uncertainty about the U.S. defense budget.
Datalink Corp., down $1.15 at $7.43
The data-center services company lowered its outlook for revenue and net income in the third quarter citing the uncertain economy.
Glu Mobile Inc., down 28 cents at $4
Shares of the mobile game maker fell after rival Zynga Inc. cut its third-quarter guidance due to weak demand for its web games.