Caterpillar and D.R. Horton are big market movers
D.R. Horton, Apple, Zimmer, Facebook and Caterpillar 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:
NYSE
Zimmer Holdings Inc., up $10.52 to $101.97
The medical device maker snaps up Biomet for more than $13 billion, an acquisition that will be an immediate boost to its earnings.
Caterpillar Inc., up $1.90 to $105.28
The construction equipment maker raised its 2014 earnings forecast and quarterly earnings jumped 5 percent even with mining sales slow.
United Parcel Service Inc., down 60 cents to $98.64
Terrible weather hampered the shipping giant and it fell short of Wall Street expectations for the first quarter.
D.R. Horton Inc., up $1.78 to $23.13
Profit at the nation's largest homebuilder jumped 18 percent in the first quarter as it sold more homes and benefited from rising prices.
Nasdaq
Apple Inc., up $43.02 to $567.77
A seven-for-one stock split and a fat dividend payout upstaged a strong quarter from the tech giant, which topped expectations.
Facebook Inc., down 49 cents to $60.87
Spiking ad revenue at the social network fueled a tripling of earnings and sharply higher revenue during the first quarter.
Zynga, Inc., down 7 cents to $4.35
Founder Mark Pincus is stepping down as chief product officer, a show of confidence in Don Mattrick, who replaced him as CEO.
Celgene Corp., down $3.57 to $141.25
First-quarter revenue soared 18 percent as the drugmaker rode strong sales of its cornerstone blood-cancer treatment, Revlimid.