Tiffany, Ametek, Deutsche Bank are big movers
NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange:
NYSE
Tiffany & Co., down 5 cents at $21.95
Fourth-quarter profit hurt from lackluster holiday sales, and the luxury jewelry retailer cut its full-year earnings forecast again.
Deutsche Bank AG, down $2.92 at $29.98
Germany's biggest bank estimates it lost $6.4 billion in the fourth quarter as the global downturn weighed heavily on its bottom line.
Bunge Ltd., down $6.56 at $41.61
The fertilizer and seed company cut its 2008 profit outlook on weak demand for its soybean products and unfavorable exchange rates.
Hill-Rom Holdings Inc., up 42 cents at $14.74
The medical technology company will cut jobs and combine facilities to save money and expects quarterly sales below analyst estimates.
Ametek Inc., up 24 cents at $29.72
Shares rose, even after the electric motor and aircraft monitoring equipment manufacturer said it expects quarterly profit at the low end of its prior forecast.
Under Armor Inc., down $2.92 at $19.40
Wholesale orders are down and cancellations are up, and the athletic apparel maker forecast full-year results below estimates.
BPZ Resources Inc., down $1.06 at $5.86
An analyst cut the oil and gas company's rating on weak oil prices and tough credit markets, after deal talks with a big rival ended.
Cliffs Natural Resources Inc., down $4.43 at $21.06
The mining company said it would defer revenue recognition of shipments for 1.2 million tons of iron ore for 2008.



January 14, 2009 05:09 PM EST |
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