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Market Winners & Losers: Harris Corp., Goodyear Tire & Rubber

 
By David O'Brien
FOXBusiness
     

    The major indexes ended Wednesday’s session lower across the board. The Dow closed down 1.2%, the Nasdaq dropped 2.7%, and the S&P 500 fell 2%.

    Here are Wednesday’s winners and losers:

    Winners

    Harris Corp. (HRS)
    The communications-technology company saw shares rise by 9.8% on the release of its quarterly earnings results. HRS shares last traded at $41.66, up $3.72 on the day.

    American International Group (AIG)
    The insurer bucked sector trends, adding 3.9% to its share price on Wednesday. AIG shares closed at $35.33, a gain of $1.32 on the day.

    Qwest Communications International Inc. (Q)
    The telecommunications company’s stock gained 2.6% after beatings the streets per-share estimates. Qwest shares finished Wednesday’s session at $3.54, up 9 cents on the day.

    Verizon Communications Inc. (VZ)
    The telecommunications posting gains Wednesday of 2.6%. Verizon shares ended the session at $29.95, a gain of 75 cents on the day.

    Pall Corp. (PLL)
    The filtration development company moved into positive territory by 2.4% with a late-session push. Pall shares last traded at $32.21, up 76 cents on the day.

    Losers

    Goodyear Tire & Rubber Co. (GT)
    The tire manufacturer saw its shares sink 19.6% on revenue projections. Goodyear shares closed at $13.46, a loss of $3.28 on the day.

    Apollo Group Inc. (APOL)
    The online educator fell 17.7% as the SEC said it is investigating the company’s revenue accounting practices. APOL shares ended the session at $60.06, down $12.91 on the day.

    Molex Inc. (MOLX)
    The electronics manufacturer posted a 12.5% after issuing lower-than-expected guidance for the second quarter. MOLX shares finished Wednesday at $18.56 a loss of $2.64 on the day.

    New York Times Co. (NYT)
    The publisher continued its downward slide, dropping 11.8% on Wednesday. NYT shares last traded at $8.56, down $1.15 on the day.

    Gannett Co. Inc. (GCI)
    The publisher’s shares plunged 10.1%, or $1.17, to close Wednesday’s session at $10.40.