NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Citigroup Inc., up $2.17 at $36.46 The bank said that it is cutting 11,000 jobs, or about 4 percent of its workforce, to save $900 million in costs next year. Toro Co., down $2.62 at $42.45 The maker of landscaping equipment said that its fiscal fourth-quarter net income fell on weak preseason demand for snowthrowers. Oxford Industries Inc., down $4.25 at $48.53 The clothing company, which owns the Tommy Bahama and Lilly Pulitzer brands, posted disappointing fiscal third-quarter results. Freeport-McMoRan Copper & Gold Inc., down $6.12 at $32.16 The mining company said it is buying oil companies Plains Exploration & Production and McMoRan Exploration for about $9 billion. Pandora Media Inc., down $1.65 at $7.80 The Internet radio company said that its third-quarter net profit more than tripled, but it predicted a loss in the fourth quarter. Nasdaq AeroVironment Inc., up $2.68 at $22.94 Higher sales at its efficient-energy-systems unit helped push the unmanned aircraft maker's third-quarter net income up 32 percent. Mattress Firm Holding Corp., down $6.65 at $23.67 Despite stronger-than-expected third-quarter results, the mattress retailer posted a weak forecast on softening sales trends. Tibco Software Inc., down $4.72 at $20 The software company warned that its fiscal fourth-quarter and full-year results will fall short of Wall Street expectations.
Citigroup, Pandora, Toro are market movers
Dec. 5 4:58 PM EST
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