Lorillard and Fastenal are big market movers

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

NYSE

MGIC Investment Corp. (MTG), down 88 cents to $8.36

The mortgage-insurer said its available assets would be less than the minimum requirements under newly proposed federal rules.

Lorillard Inc. (LO), up $2.92 to $66.01

The tobacco company and its competitor Reynolds American Inc. confirmed that they are in talks and considering a merger.

Nordion Inc. (NDZ), up 50 cents to $12.95

The health science technology company said that the Federal Trade Commission will not challenge a proposed buyout of Sterigenics.

ChannelAdvisor Corp. (ECOM), up $1.06 to $24.22

The online retail services software company reported strong same-store sales growth in June for online retail companies.

Nasdaq

Fastenal Co. (FAST), down $2.00 to $46.15

The industrial and construction supplies company reported second-quarter revenue that fell short of Wall Street expectations.

Rent-A-Center Inc. (RCII), down $3.18 to $25.88

The rent-to-own operator warned that second-quarter revenue and earnings won’t meet expectations, citing economic factors.

Amazon.com Inc. (AMZN) up $18.28 to $346.20

The online retailer introduced new products for its web services business, while ChannelAdvisor indicated June sales growth.

eBay Inc. (EBAY), up $1.17 to $51.50

ChannelAdvisor indicated that June sales for the online auctioneer and commerce site grew compared with its May results.

Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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