News

Symantec, SeaWorld, Vanda Pharmaceuticals and Dean Foods are big market movers

NEW YORK, N.Y. – Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

Dean Foods Co., down $1.51 to $18.20

The nation’s largest milk processor posted quarterly profits that were short of expectations and lowered its earnings forecast for the year.

Western Refining Inc., up $3.03 to $36.13

The refiner acquired the general partner interest and a 38.7 per cent limited partnership interest in Northern Tier Energy.

SeaWorld Entertainment Inc., up 72 cents to $31.92

A Citi Investment Research analyst upgraded the theme park operator, saying he expects it to convert to a real estate investment trust.

DR Horton Inc., up 85 cents to $18.91

The nation’s largest homebuilder said the number of sales closed during the most recent quarter increased 23 per cent to 6,866.

Nasdaq

Vanda Pharmaceuticals Inc., up $6.51 to $13.30

Wall Street was encouraged by briefing documents filed ahead of a Food and Drug Administration advisers’ meeting to review the company’s experimental drug meant to help the blind sleep.

Hologic Inc., down $2.39 to $20.51

The medical equipment maker had a lacklustre quarter and its outlook for the next quarter left many investors disappointed.

Symantec Corp., down 16 cents to $23.05

The president of products and services is leaving to become president at Illumina, a loss for the security software company.

Sarepta Therapeutics Inc., down $23.40 to $13.16

Regulators told the biopharmaceutical company that it should not seek accelerated approval of its Duchenne muscular dystrophy drug.