Xerox, Dollar General, Audience are big movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:
Xerox Corp., down 24 cents at $8.75
The business services provider and copier company said that it is buying online educational services provider LearnSomething.
Dollar General Corp., up $1.55 at $50.19
Shares of the discounter retailer rebounded a day after the company lowered the high end of its full-year forecasts.
Hovnanian Enterprises Inc., up 6 cents at $6.03
The homebuilder posted a surprise profit in its fiscal second quarter, helped by higher consumer demand for new homes.
Cyberonics Inc., up $2.50 at $50.17
The medical implant maker posted stronger-than-expected fiscal fourth-quarter results and an upbeat forecast for the new fiscal year.
Layne Christensen Co., down 92 cents at $20.08
The drilling and construction services provider posted a fiscal first-quarter loss of $23.8 million and missed expectations.
Mattress Firm Holding Corp., up $2.06 at $39.62
The mattress retailer reported a surge in sales and profit for its fiscal first quarter and forecast better-than-expected full-year revenue.
Audience Inc., up 47 cents at $14.07
The voice technology company announced a partnership with China Mobile to improve its smartphone's voice recognition technology.
Bob Evans Farms Inc., up $1.43 at $47.43
The restaurant operator reported a better-than-expected fourth quarter and offered a strong full-year revenue forecast.