Under Armour, Wynn, Crocs Are Market Movers
NEW YORK (AP) Stocks that moved substantially or traded heavily Thursday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Under Armour Inc., down $3.69 at $52.93
The athletic clothing maker's third-quarter net income rose 25 percent, but its 2012 revenue forecast was below expectations.
Skechers USA Inc., up 31 cents at $16.92 The shoe designer and retailer said that its net income rose 39 percent as revenue from its wholesale division and its stores grew. Crocs Inc., down $3.43 at $12.76 The maker of colorful plastic shoe's third-quarter net income rose 49 percent, but its posted disappointing fourth-quarter guidance. Cliffs Natural Resources Inc., down $4.49 at $38.20 Due to a drop in the price of iron ore and rising costs, the mining company's third-quarter net income fell 86 percent. Fusion-io Inc., down $2.24 at $25.06 The data center technology provider's first-quarter earnings fell 45 percent. It also posted a weak outlook for the current quarter. Nasdaq Wynn Resorts Ltd., up $8.14 at $120.43 The casino operator said third-quarter profit fell nearly 12 percent, but its adjusted earnings still beat expectations. PSS World Medical Inc., up $6.97 at $28.57 Prescription drug distributor McKesson Corp. is expanding its medical supplies business by buying PSS for about $1.46 billion. Dunkin' Brands Group Inc., up 56 cents at $31.37 The owner of Dunkin' Donuts and Baskin-Robbins said it nearly quadrupled its third-quarter net income as it cut costs.Select the service that is right for you!
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