Deere, Suntech, TiVo are big market movers
NEW YORK—Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Deere & Co., up $2.80 at $74.72
Strong sales of the company's farm equipment boosted its fourth-quarter profit. It also said it expects better results next year.
Yingli Green Energy Holding Co. Ltd., up 42 cents at $3.96
The Chinese solar energy company increased its estimates for photovoltaic module shipments for the year on increased demand.
Suntech Power Holdings Co. Ltd., down 19 cents at $2.43
The solar panel maker posted a third-quarter loss of $116.4 million amid falling prices. It also warned of increasing competition.
Nokia Corp., down 9 cents at $5.47
The mobile phone maker's joint venture, Nokia Siemens Networks, will slash 17,000 jobs to cut $1.3 billion in costs by 2013.
Diana Shipping Inc., down 23 cents at $7.38
The Greek shipping company said its third-quarter net income fell 22 percent as the company made less money chartering its fleet.
Boston Scientific Corp., up 1 cent at $5.32
The medical device maker said it received U.S. approval to launch its latest drug-coated stent for patients with clogged arteries.
TiVo Inc., down 19 cents at $9.38
The company, which sells set-top boxes that record, rewind and fast-forward live TV, said that its third-quarter loss widened.
Diamond Foods Inc., down $7.17 at $27.80
A member of the snack maker's audit committee reportedly committed suicide. The company is in the midst of an accounting probe.