NEW YORK (AP) — Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
Pepsico Inc., down $2.47 at $64.27
The maker of Pepsi soda and Doritos chips plans to cut 8,700 jobs to offset high commodity costs and increase advertising spending.
Philip Morris International Inc., up $2.18 at $80.06
The maker of Marlboro cigarettes said its fourth-quarter net income grew 8 percent as it commanded higher prices for its brands.
Six Flags Entertainment Corp., up $3.35 at $47.24
The amusement park operator said that it will raise its quarterly cash dividend to 60 cents per share from 6 cents per share.
Diamond Foods Inc., down $13.53 at $23.13
The maker of Emerald Nuts and Pop Secret popcorn said it replaced its two top executives for their role in a payment scandal.
Taleo Corp., up $6.70 at $45.64
Business software maker Oracle Corp. said it will buy the company, which helps businesses manage their employees, for $1.9 billion.
Whole Foods Market Inc., up $4.09 at $82.02
The natural and organic grocery store’s fiscal first-quarter revenue and net income rose, topping analysts’ expectations.
Electronic Arts Inc., down 37 cents at $17.87
The video game publisher’s chief financial officer is leaving the company to work at video conferencing equipment maker Polycom Inc.
iRobot Corp., down $13.13 at $25.17
The maker of the Roomba vacuum cleaning robot and other robots posted a 2012 outlook that was well below analysts’ expectations.