Abercrombie, Medifast, Cisco Are Market Movers
NEW YORK (AP) â¿¿ Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
Abercrombie & Fitch Co., up $10.74 at $41.92
Higher sales helped push the teen retailer's third-quarter net income up 41 percent. It also raised its full-year earnings guidance.Medifast Inc., down $1.42 at $28.17 The weight-loss company said that Brendan Connors, its chief financial officer, is resigning immediately to pursue other interests. LDK Solar Co. Ltd., down 9 cents at 98 cents The solar company is ending a solar wafer agreement with an unnamed European customer that was scheduled to last for 10 years. The Mosaic Co., down $1.65 at $49.10 The phosphate and potash seller cut its second-quarter production guidance due to weak international demand for its crop nutrients. Iamgold Corp., down $2.89 at $11.97 The gold mining company reported results for the third quarter that missed Wall Street analysts' expectations. Nasdaq Cisco Systems Inc., up 81 cents at $17.66 The computer networking gear maker said that its first-quarter earnings rose 18 percent as U.S. companies started spending again. ZaZa Energy Corp., up 15 cents at $1.96 The exploration company said it will sell its French assets, a day after posting a profit for its third quarter. Woodward Inc., up $2.46 at $34.53 A KeyBanc analyst kept a "Buy" rating on the energy and aerospace controls maker, a day after it posted strong quarterly results.
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV