Netflix, DSW, Harmony Gold Are Market Movers
NEW YORK (AP) â¿¿ Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
DSW Inc., down $1.83 at $65.60
A Brean Capital analyst downgraded the shoe retailer's stock to "Hold," citing an industry wide weak holiday season.Lowe's Companies Inc., down 82 cents at $34.76 A Canaccord analyst cut the home improvement company's stock to "Sell," saying efforts to improve sales aren't enough. Commercial Metals Co., up 48 cents at $16.02 The steel and metal company said its first-quarter net income fell 54 percent on weaker demand in its Americas Recycling unit. EnergySolutions Inc., up 29 cents at $3.73 Energy Capital Partners, a private equity firm, said it is buying the nuclear contractor for $338.6 million. Quiksilver Inc., up 22 cents at $5.29 Shares of the surf and skate clothing company continued to rise after the company named Andy Mooney as its new CEO last week. Harmony Gold Mining Co. Ltd., down 47 cents at $8 The gold mining firm said that one of its South African mines will stay closed, perhaps indefinitely, due to labor unrest. Nasdaq Netflix Inc., up $3.22 at $99.20 The video subscription service said that it will be adding the old episodes of at least eight more Warner Bros. television series. Peregrine Pharmaceuticals Inc., up $1.08 at $2.43 The drug company updated investors about previously disclosed discrepancies with a study of its lung cancer treatment bavituximab.
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