Midday movers: Yum Brands, Zynga

Stocks are lower as negotiations in Washington continue to dominate headlines and move the market.

By MSN Money Partner Nov 30, 2012 2:29PM
Image, Wall Street sign copyright Corbis, SuperStocklogoInformation provided by Theflyonthewall.com

Facebook (FB) and Zynga (ZNGA) disclosed that they have changed the terms of their partnership, meaning Facebook will now be able to develop its own games and Zynga won't have to use Facebook ad units or payments on its outside sites. Zynga shares fell 8% after the changes were publicized.

Yum! Brands (YUM) provided guidance, including a softer outlook on China, and was downgraded by at least three firms. Shares fell over 9% following the announcement and the corresponding analyst notes.

Several more companies announced special one-time dividends, including Whole Foods (WFM), Tellabs (TLAB), Enzon Pharmaceuticals (ENZN), National Beverage (FIZZ) and Regal Entertainment (RGC).

Among the notable gainers were Christoper & Banks (CBK), up 23%, and Five Below (FIVE), up 15% following their quarterly reports. Among the noteworthy losers was NTELOS (NTLS), which fell 22% after FBR predicted its deal with Sprint (S) will not be renewed. 

Also lower were shares of VeriSign (VRSN), down 13% after it announced a revised .com agreement that limits its ability to increase prices.
0Comments

DATA PROVIDERS

Copyright © 2013 Microsoft. All rights reserved.

Quotes are real-time for NASDAQ, NYSE and AMEX. See delay times for other exchanges.

Fundamental company data and historical chart data provided by Thomson Reuters (click for restrictions). Real-time quotes provided by BATS Exchange. Real-time index quotes and delayed quotes supplied by Interactive Data Real-Time Services. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by SIX Financial Information.

Japanese stock price data provided by Nomura Research Institute Ltd.; quotes delayed 20 minutes. Canadian fund data provided by CANNEX Financial Exchanges Ltd.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

128
128 rated 1
268
268 rated 2
471
471 rated 3
585
585 rated 4
654
654 rated 5
595
595 rated 6
674
674 rated 7
422
422 rated 8
262
262 rated 9
140
140 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
ABTAbbott Laboratories10
AIGAmerican International Group Inc10
ATVIActivision Blizzard Inc10
CACA Inc10
CSCOCisco Systems Inc10
More
Fidelity Brokerage Services, Member NYSE, SIPC. (c) 2011 FMR LLC. All rights reserved

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.