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TiVo and Marathon are big market movers

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August 28, 2013 04:23 PM EST | AP


NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Marathon Oil Corp., up $1.22 to $34.60

Energy stocks are moving higher in tandem with crude prices as tensions with Syria over the use of chemical weapons on the civilian population mount.

Tiffany & Co., down $3.57 to $77.25

The jeweler gets a pair of downgrades after a blockbuster quarter, with analysts seeing shares rising too fast.

PulteGroup Inc., down 21 cents to $15.38

Higher mortgage rates appear to be slowing home sales and weighing on shares of homebuilders.

Zale Corp., up $2.67 to $11.63

The jewelry retailer's comparable-store sales jumped 5.6 percent in the three-month period that ended in July, and 8.1 percent at its namesake stores.

Chico's FAS Inc., up 62 cents at $15.95

The clothing company's shares jump as investors proved willing to overlook a disappointing second-quarter and bet on improvements in its third quarter.

Nasdaq

TiVo Inc., up 61 cents to $11.58

The pioneer in digital video recording technology reported better-than-expected revenue in its most recent quarter and issued an optimistic outlook.

Astex Pharmaceuticals Inc., up $1.34 to $6.82

The drug developer says its treatment for leukemia achieved an overall complete remission rate of 25 percent.

Taser International Inc., down 70 cents to $11.15

After the stock rose 36 percent in two weeks, J.P. Morgan downgraded the law-enforcement equipment maker.