Avon and Exxon are big market movers
NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and the Nasdaq Stock Market:
Avon Products Inc., down $1.56 to $13.72
The cosmetics company saw quarterly revenue decline on all fronts and will pay $135 million to settle a bribery investigation.
Exxon Mobil Corp., down $1 to $101.41
The energy giant's quarterly profits fell 4 percent as it produced less oil and natural gas and posted weaker refining results.
Cardinal Health Inc., down $4.39 to $65.12
The end of a big contract with Walgreen played out again in the prescription drug distributor's quarterly performance.
General Motors Co., up 42 cents to $34.90
Despite an ongoing recall controversy, U.S. auto sales jumped 7 percent in April, easily exceeding industry expectations.
Ford Motor Co., down 24 cents to $15.91
CEO Alan Mulally will be replaced by longtime Ford executive Mark Fields, and auto sales fell in April.
DirecTV, up $3.16 to $80.76
The Wall Street Journal reported that AT&T is in talks to buy the satellite-TV company, which could upend the television industry.
Facebook Inc., up $1.37 to $61.15
The company revealed a mobile ad exchange that can make app developers more money and, in turn, more money for the social network.
Western Digital Corp., down $5.80 to $82.28
A weaker-than-expected outlook from the hard-drive maker overshadowed a 32 percent spike in earnings growth for the quarter.