AP News

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:

NYSE

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.

Nasdaq

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.


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