Oracle and Concur 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

Oracle Corp., down $1.75 to $39.80

The technology company’s CEO, Larry Ellison, is stepping down and its financial results and outlook fell short of expectations.

Dresser-Rand Group Inc., up $6.88 to $79.91

The industrial equipment company is the target of potential competing buyout offers from Sulzer and Siemens.

Red Hat Inc., down $2.73 to $57.93

The open-source software company is buying FeedHenry for about $82 million and reported better-than-expected financial results.

Rockwell Collins Inc., up $2.13 to $79.93

The communications and aviation systems company set a positive fiscal 2015 outlook and will spend another $500 million buying back its stock.

Nasdaq

Concur Technologies Inc., up $19.02 to $126.82

The travel and expense management software company is being bought by the German software company SAP for about $7.36 billion.

Yahoo Inc., down $1.15 to $40.93

The company reaped a multibillion-dollar windfall from Alibaba’s IPO but attention now turns to its struggles in Internet advertising, the heart of its business.

Tibco Software Inc., down $1.43 to $19.36

The business software company reported a decline in third-quarter profit and the results fell short of Wall Street expectations.

JetBlue Airways Corp., up 3 cents to $11.36

The airline said CEO Dave Barger will step down in February and will be replaced by the company’s president, Robin Hayes.

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 This material may not be published, broadcast, rewritten or redistributed.

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