Thursday, October 31, 2013 4:26 pm
Avon and Weight Watchers are big market movers
The Associated Press
Avon Products Inc., down $4.90 to $17.50
Struggles continue for the beauty products company, which posted a quarterly loss on weak sales, both at home and overseas.
Weight Watchers International Inc., down $7.81 to $32.11
Fewer people are signing up for programs offered by the weight-loss company, which warned that next year will be challenging.
Marathon Petroleum Corp. down 50 cents to $35.26
Earnings plunged almost 90 percent during the refiner's third quarter due to volatile crude prices and weak energy demand.
Expedia Inc., up $9.01 to $58.97
The online travel site topped Wall Street expectations for profit and revenue despite increasing competition.
Sequenom Inc., down 56 cents to $1.92
A court invalidated a patent claim by the molecular testing company related to fetal cell technology.
Kraft Foods Group Inc., down $1.06 to $54.38
The cost of a split from Mondelez International a year ago continues to weigh on the maker of Miracle Whip and Oscar Mayer.
Ariad Pharmaceuticals Inc., down $1.76 to $2.20
Sales of the pharmaceutical's leukemia drug were suspended because of concerns that patients could suffer from blood clots.
Marriott International Inc., up 88 cents to $45.08
Higher occupancy, better room rates and a pickup in short-term group bookings pushed earnings of the hotelier up 12 percent.