NEW YORK (AP) â¿¿ Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
Merck & Co. Inc., up $1.76 at $45.10
The drugmaker said that its second-quarter net income fell 11.4 percent, but the company still beat Wall Street expectations.Arch Coal Inc., up $1.54 at $6.80 The coal producer reported a second-quarter loss on mine closures and weak demand, but its results topped Wall Street predictions. Nasdaq Starbucks Corp., down $4.93 at $47.47 The coffee chain cut its outlook for the current quarter citing a slowdown in customer traffic and challenges in Europe. Expedia Inc., up $9.19 at $54.90 The online travel agency said that its second-quarter profit fell 25 percent, but its results easily beat analysts' expectations. Deckers Outdoor Corp., up $2.49 at $44.62 The maker of Ugg boots and Teva shoes posted a smaller-than-expected second-quarter loss helped by strong e-commerce sales. Coinstar Inc., down $8.06 at $51.16 The Redbox DVD kiosk owner posted a 2012 outlook that fell short of Wall Street expectations because of costs to replace kiosks. Ruth's Hospitality Group Inc., up 95 cents at $6.70 The Ruth's Chris Steak House owner posted second-quarter results that beat expectations, thanks to higher sales at its restaurants. Netgear Inc., down 56 cents at $34.44 The networking equipment maker posted a rise in its second-quarter net income and offered a disappointing third-quarter forecast.
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