H&R Block, Abercrombie & Fitch, Nanometrics among big market movers Friday

By AP
Friday, July 9, 2010

among big movers

NEW YORK — Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:

NYSE

Best Buy Co., down 3 cents at $34.37

An analyst said continued softness in the consumer electronics sector could hurt Best Buy’s profit during the rest of the year.

Myriad Genetics Inc., down 64 cents at $15.06

An analyst downgraded the stock, saying the company is likely to have trouble improving sales of its cancer tests.

Saks Inc., up 11 cents at $7.83

The upscale department store operator reported this week that revenue in stores open at least a year rose 2.5 percent.

Anadarko Petroleum Corp., up 85 cents at $45.41

The company is refusing to pay BP about $272 million for its share of the costs tied to the massive Gulf oil spill.

Regis Corp., down $1.86 at $13.87

The hair salon operator said a key revenue figure fell in the fiscal fourth quarter as customers waited longer between visits.

Madison Square Garden Inc., down 94 cents at $19.44

LeBron James’ decision to play for the Miami Heat cooled investor interest in the company that owns the New York Knicks.

Conceptus Inc., down $3.12 at $12.67

The birth control device maker cut its full-year forecast this week as prospective patients delay visits to doctors.

Google Inc., up $10.93 at $467.49

China renewed Google’s license to operate a website, preserving the search giant’s toehold in the world’s most populous country.

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