Skip to main content

Updated from 11:21 a.m. EDT

Shares of



were among Wednesday's

New York Stock Exchange

winners after

Standard & Poor's

announced that the mall-based apparel retailer would be added to the S&P MidCap 400 index.

Aeropostale will be added to the index after the close of trading on July 7. It is replacing

Mony Group


, which is being acquired by

AXA Financial


. The AXA/Mony Group transaction is expected to close on or about July 7. Aeropostale's shares traded up $2.13, or 8%, to $28.77.

TheStreet Recommends


(MAT) - Get Mattel, Inc. Report

fell after Banc of America Securities downgraded the shares to sell from neutral and lowered its price target to $13 from $18.50. Sluggish retail sales of the Barbie brand and weaker margins prompted the downgrade. What's more, the analyst said a strengthening U.S. dollar, high commodity costs and competition are likely to weigh on the company. Banc of America lowered its 2004 earnings expectations to $1.13 a share from $1.18 a share, and 2005 earnings expectations to $1.08 a share from $1.20. Shares of Mattel traded down 36 cents, or 2%, to $17.57.

Shares of

World Airways


rose as much as 33% after the company said it signed a letter of intent to lease two MD-11F cargo jets early next year but gave back all of its gains by the end of the trading day. It said the added capacity would allow it to keep up with growing demand in its international cargo market. The two cargo jets will bring the company's MD-11 fleet to five cargo jets and eight passenger aircraft for international service. It expects to take delivery of the cargo jets some time during the spring of 2005. Shares of World Airways traded down 27 cents, or 6%, to $4.26.

Collins & Aikman


rose after the company announced it has secured the manufacturing, assembly and sequencing business for the front and rear painted fascias of a future, high-volume DaimlerChrysler vehicle platform. The company also said that it had won a multimillion dollar contract from DaimlerChrysler during the quarter. Financial terms of both deals were undisclosed. Shares of Collins & Aikman traded up 25 cents, or 4.8%, to $5.45.

Shares of


(TFX) - Get Teleflex Incorporated Report

fell after the company warned that second-quarter earnings would fall short of expectations. Teleflex blamed the shortfall on weakness in its commercial and aerospace segments. It now expects to earn 83 cents to 85 cents a share during the second quarter. Analysts polled by Thomson First Call had expected it to earn 89 cents a share. For the full year, Teleflex now expects to earn $2.90 to $3 a share vs. previous guidance of $3.10 to $3.20 a share. Analysts were expecting full-year earnings of $3.10 a share. The company's shares traded down $4.44, or 9.2%, to $43.60.

NYSE volume leaders included



, up 80 cents to $10.96;



, unchanged at $3.49;

Nortel Networks


, up 11 cents to $4.60;

General Electric

(GE) - Get General Electric Company Report

, up 19 cents to $32.02; and



, up 52 cents to $17.37.


volume leaders included


(MSFT) - Get Microsoft Corporation Report

, up 8 cents to $28.10;


(ORCL) - Get Oracle Corporation Report

, unchanged at $11.20;

Sun Microsystems

(SUNW) - Get Sunworks, Inc. Report

, up 16 cents to $4.04;


(INTC) - Get Intel Corporation Report

, up 23 cents to $26.34; and

Conexant Systems

(CNXT) - Get VanEck Vectors ChinaAMC SME-ChiNext ETF Report

, down 5 cents to $2.26.