ConAgra, Buckle, NYT, Vivus among those companies making big stock market moves
By APTuesday, September 21, 2010
ConAgra, Buckle, NYT, Vivus among big movers
NEW YORK — Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
ConAgra Foods Inc., down 80 cents at $21.57
The food maker said discounting and higher costs pushed quarterly its net income down 12 percent.
Buckle Inc., down $2.46 at $26.69
The teen retailer declared a regular quarterly dividend of 20 cents, but not a bigger one-time dividend as it has in recent years.
AutoZone Inc., down $3.12 at $217.02
The auto parts chain posted double-digit earnings growth in its most recent quarter, but shares fell.
Carnival Corp., up 51 cents at $37.57
The cruise operator raised its earnings fuidance for the year after better demand let it boost prices during the third quarter.
The New York Times Co., down 47 cents at $7.97
A UBS analyst slapped the newspaper publisher with a “Sell” rating, saying print media revenues are likely to decline.
NASDAQ
Vivus Inc., up 56 cents at $6.74
The drug maker said results from a two-year study of its obesity drug Qnexa showed the drug’s safety.
SanDisk Corp., down $2.29 at $35.47
A Sterne Agee analyst downgraded the company, citing low prices for the type of computer memory the company provides.
Atlas Air Worldwide Holdings Inc., up $3.69 at $53.18
The airfreight company raised its full-year earnings expectations by about 22 percent.
Tags: Dividends, Health Care Industry, New York, North America, United States