Sprint and Annie's are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:
Dean Foods Co., down $1.12 to $14.08
The nation's largest milk processor said that high commodity prices will make 2014 a challenging year.
ConAgra Foods Inc., down $1.97 to $29.08
The food products company trimmed its outlook for 2014 and 2015 on low volumes, margin pressure and soft sales for private brands.
Reynolds American Inc., down 74 cents to $48.07
Quarterly profit spiked as higher prices and lower legal costs offset falling sales at the nation's second-biggest tobacco company.
Sprint Corp., up 21 cents to $7.90
Fourth-quarter losses were contained at the third-largest U.S. wireless carrier as it added more devices to its network.
Annie's Inc., down $3.62 to $38.21
The rising price of organic wheat for the organic foods maker will weight on profits this year, at least in the first half.
Groupon Inc., down 68 cents to $10.40
The departure of a key product executive spooked investors, though most analysts say the online deals site has a deep bench.
Allscripts Healthcare Solutions Inc., up 46 cents to $16.68
Analysts with the Maxim Group tagged the electronic health records company with a "Buy," rating citing its turnaround efforts.
Cadence Pharmaceuticals Inc., up $2.93 to $14
Mallinckrodt is buying the pharmaceutical company for about $1.21 billion in a bid to strengthen its specialty drugs unit.