Vonage, Garmin, News Corp. are active movers
Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Vonage Corp., up 16 cents to $1.74
The popularity of its international plan helped the Internet phone company hold on to more customers, nearly tripling its quarterly profit.
IntercontinentalExchange Inc., up $5.55, to $118.98
The futures and over-the-counter exchange operator's net income rose 40 percent in the first quarter on stronger trading activity.
NASDAQ:
Garmin Ltd., down $3.29 to $34.19
The navigation device maker posted lower quarterly results as more consumers turn to their smart phones for driving directions.
InterMune Inc., down $34.06 to $11.38
The FDA rejected the company's lung disease drug Esbriet and requested costly additional testing that will potentially delay its approval by years.
Myriad Genetics Inc., down $5.59 to $18.49
The genetic testing company reported lower-than-expected quarterly profit and issued a full-year forecast below analysts' projections.
American Medical Systems Holdings Inc., up $4.01 to $21.47
First-quarter profit rose 21 percent on strong sales of the medical device maker's erectile dysfunction and women's health products.
News Corp., down 80 cents to $14.60
Rupert Murdoch's media conglomerate said its advertising revenue is benefiting from a rebound in the economy but expects the current quarter to be weaker.
Atmel Corp., up 40 cents to $5.77
The flash memory and electronic parts maker said its first-quarter net income quadrupled and announced the sale of its European microcontroller business.
Copyright 2010  AP Features
