Visa and Amazon are big market movers

Visa, Amazon, Starbucks, Biogen and Pandora are big market movers

Associated Press

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

NYSE

Visa Inc., up $3.05 to $74.80

The payment processing company's third-quarter profit jumped 25 percent, helped by a double-digit rise in activity on its network.

AbbVie Inc., down $2.44 to $68.08

The pharmaceutical company reported better-than-expected second-quarter profit, but revenue fell short of Wall Street forecasts.

Pandora Media Inc., up $2.08 to $15.96

The music streaming service reported a second-quarter loss, but its results beat Wall Street expectations.

Unisys Corp., down $3.20 to $16.55

The information technology service provider reported a second-quarter loss on lower revenue and costs related to job cuts.

Nasdaq

Amazon.com Inc., up $47.24 to $529.42

The online retailer reported a surprise second-quarter profit on strong revenue growth both domestically and internationally.

Starbucks Corp., up 73 cents to $57.29

The coffee chain's second-quarter profit jumped 22 percent on pricier drinks and food, beating Wall Street expectations.

Biogen Idec Inc., down $85.02 to $300.03

The biotechnology company cut its full-year adjusted profit forecast as sales of one of its multiple sclerosis drugs slow down.

American Airlines Group Inc., down $2.98 to $39.63

The world's largest airline reported strong second-quarter profit but warned a key revenue figure will decline in the third quarter.

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