fell 13% after the company reported its fourth-quarter earnings. The tech wholesaler earned $9.4 million, or 73 cents a share, compared with $9 million, or 69 cents a share, a year ago. ScanSource revenue for the quarter rose 14% to $381.2 million. Analysts expected a profit of 68 cents a share on revenue of $378 million, according to Thomson First Call. But ScanSource also said it expects first-quarter revenue of $360 million to $385 million, short of the $400.6 million analyst estimate. The stock was down $7.09 to $44.92.
( DPH) rose 8% after the auto parts maker was upgraded by Lehman Brothers to overweight from underweight. The brokerage cited more confidence in a three-way deal between Delphi,
and the United Auto Workers union. The stock was up 48 cents to $6.40.
traded 6% higher after the company announced late Thursday that it would sell its Global Plastic Closures business to PAI partners, a leading European private equity firm. The total purchase price will be about $750 million. Net cash proceeds from the sale are expected to be around $650 million and will be used for general corporate purposes. The stock was up 97 cents to $17.29.
Bally Total Fitness
( BFT) traded up 6.8% after the company announced that it has extended the consent period relating to waivers of financial reporting covenant defaults under its public bond indentures to Aug. 25. The company also announced that it has paid the previously announced judgment of an arbitration that was awarded against the company of some $14.3 million, relating to a contractual dispute arising from a program of transferring membership receivables balances into a credit card program. The stock was up 22 cents to $3.46.
Other stocks on the move were
up $1.72 to $22.32;
( LU) up 7 cents to $2.88;
down 5 cents to $25.83; and
down 21 cents to $36.53.