Friday, June 21, 2013 5:32 pm
Oracle, Darden, Idenix are big movers
The Associated Press
Darden Restaurants Inc., down $1.11 at $50.12
The owner of the Olive Garden and Red Lobster chains said that its fourth-quarter net income fell 12 percent on rising costs.
CarMax Inc., up 2 cents at $44.59
The car dealership chain said that higher sales of used cars drove its first-quarter profit up more than 21 percent.
Cantel Medical Corp., up $1.34 at $34.41
The maker of anti-infection equipment for hospitals said that its board declared a three-for-two split of its common stock.
Oracle Corp., down $3.07 at $30.14
The business software maker reported fourth quarter results that were below what Wall Street analysts' were expecting.
Ebix Inc., down $1.48 at $9.52
Shares of the insurance technology provider continued to fall, a day after Goldman Sachs ended its deal to buy the company.
Idenix Pharmaceuticals Inc., down $1.57 at $3.56
The drugmaker said that the Food and Drug Administration delayed human testing of the company's hepatitis C treatment IDX20963.
Dish Network Corp., up $1.23 at $40.41
The satellite TV operator said that it is officially abandoning its efforts to acquire telecommunications company Sprint Nextel Corp.
Oramed Pharmaceuticals Inc., up $1.39 at $6.81
The drugmaker said that it would cancel a $13 million stock offering, citing current market conditions.