McDonald's, Yahoo, DreamWorks are big movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and the Nasdaq Stock Market:
McDonald's Corp., down $2.69 at $97.58
The hamburger chain said that its second-quarter profit rose 4 percent but its results fell short of Wall Street expectations.
Kinross Gold Corp., up 43 cents at $5.57
Shares of the Canadian gold and silver mining company rose as the price of gold climbed above $1,300 an ounce.
Tower International Inc., down $3.15 at $19.85
The auto parts maker posted a second-quarter loss and said its largest stakeholder plans to sell 6 million shares in a public offering.
Yahoo Inc., down $1.25 at $27.86
Activist investor Dan Loeb and two other directors nominated by his hedge fund are leaving the Internet company's board of directors.
DreamWorks Animation SKG Inc., down $1.13 at $23.77
Shares of the animation studio dropped after its new movie, "Turbo," had a weak debut weekend at the box office.
Federal-Mogul Corp., up $3.27 at $13.95
The auto parts supplier said that it returned to profitability in the second quarter thanks to cost cutting.
Carmike Cinemas Inc., down 89 cents at $18.89
The movie theater operator reported second-quarter net results that fell short of what Wall Street analysts expected.
Himax Technologies Inc., up $1.57 at $6.74
Google Inc. is investing in Himax, which makes chips used in Google Glass, the Internet search company's eyeglass-enabled devices.