Winn-Dixie, Sirius, Boeing are big market movers

Published November 2, 2011 by
Business - Wall Street

NEW YORK (AP) ? Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Credit Suisse Group, down $2.26 at $26.71

The Swiss bank said it will cut 1,500 jobs globally and reorganize its securities unit after posting weak third-quarter profits.

Boeing Co., down $2.62 at $63.17

The plane maker and defense contractor said its current president and chief financial officer, James Bell, will retire in April.

Clear Channel Outdoor Holdings Inc., down $1.12 at $9.88

The billboard company reported a profit in the third quarter, but its results missed what Wall Street was expecting.

Gaylord Entertainment Co., down $2.95 at $20.44

The operator of the Grand Ole Opry and other hotels said its third-quarter loss narrowed, but results missed analyst expectations.

Martha Stewart Living Omnimedia Inc., down 33 cents at $3.54

The New York lifestyle, media and merchandising company said its loss widened in the third quarter, due to a restructuring charge.

Nasdaq

Winn-Dixie Stores Inc., up 15 cents at $6.49

The grocery chain said its first-quarter loss narrowed by one-third, as sales rose 3 percent on a gas-related rewards program.

Leap Wireless International Inc., up 76 cents at $7.71

The parent of the Cricket cellular service posted a gain of net 10,000 subscribers in the third quarter. Analysts expected a loss.

Sirius XM Radio Inc., down 6 cents at $1.73

The satellite radio company said its third-quarter profit jumped 54 percent, but its predicted 2011 revenue was lower than expected.

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