ConocoPhillips and Owens 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

ConocoPhillips, up 59 cents to $85.36

Violence in the Middle East has sent gas prices to levels not seen since 2008, and shares of six big oil companies hit new highs.

Darden Restaurants Inc., down $1.94 to $47.58

Shifting American tastes have rattled the owner of Red Lobster, Olive Garden and other restaurants and its profits are slumping.

Owens Corning, down $2.49 to $38.81

The construction and industrial-materials company lowered its outlook for the year as its roofing business reports weak volumes.

CarMax Inc., up $7.47 to $52.75

The average selling price for vehicles at the used car dealership rose more than 3 percent during the most recent quarter.

Family Dollar Stores Inc., up 62 cents to $68.76

Activist investor Carl Icahn urged the discount retailer to put itself on the block, saying its performance is weakening.

AbbVie Inc., down 89 cents to $53.30

The Dublin drugmaker Shire rejected an unsolicited $46.2 billion bid from the U.S. pharmaceutical company, saying it’s not enough.

Nasdaq

Starbucks Corp., down 63 cents to $76.60

The coffee chain said it is raising prices on some of its drinks by 5 cents to 20 cents starting next week.

Smith & Wesson Holding Corp., down $1.48 to $15.52

After an extended surge in firearm sales driven by fears about new restrictions, the gunmaker said that sales are going to fall.

Hercules Offshore Inc., down 57 cents to $4.36

The June fleet status report from the driller sent investors scurrying even as the price of crude surges.

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 This material may not be published, broadcast, rewritten or redistributed.

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