Mattel, Yahoo, Zagg, United Rentals are big market movers Wednesday

July 17, 2013 at 9:50PM

NEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and the Nasdaq Stock Market:

NYSE

The Bank of New York Mellon Corp., up 57 cents at $30.92

The bank said that its net income rose 78 percent in the second quarter as market conditions improved and it collected more fees for managing investments.

United Rentals Inc., up $5.39 at $56.37

The equipment rental company said that it returned to a second-quarter profit as it benefited from the rebounding construction market and a year-ago acquisition.

St. Jude Medical Inc., up $2.54 at $51

The medical device maker reported better-than-expected second-quarter earnings on higher sales of its heart-device implants.

American Express Co., down $1.47 at $76.80

Shares of the credit card company fell after a published report suggesting the European Union will try to cap lucrative card processing fees.

Nasdaq

Mattel Inc., down $3.17 at $43.16

The toy maker said its second-quarter net income fell 24 percent, hurt by a continued slide in Barbie sales and a $14 million write-down of its Polly Pocket line.

Yahoo Inc., up $2.78 at $29.66

The Internet company's second-quarter earnings grew, as it continues to face competition from rivals Google Inc. and Facebook Inc.

Zagg Inc., down $1 at $4.86

The mobile device accessory maker disappointed investors after announcing that sales will be lower than Wall Street analysts expected.

Energy XXI Ltd., up $3.54 at $27.93

The independent oil and natural gas exploration and production company announced a strong increase in proved oil reserves.

about the writer

about the writer

More from Business

See More
card image
Spencer Platt

The U.S. stock market roared back on Friday, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now.

Attendees of Frostbike made their way through the convention Saturday at the Quality Bike Products campus in Minneapolis. ] (AARON LAVINSKY/STAR TRIBUNE) aaron.lavinsky@startribune.com Frostbike 2016 was held at the Quality Bike Products Campus on Saturday, Feb. 27, 2016 in Bloomington, Minn.
card image