Family Dollar Stores, Sealy among companies making big moves in the stock market

By AP
Wednesday, September 29, 2010

Family Dollar Stores, Sealy among market movers

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

NYSE

Keithley Instruments Inc., up $9.06 at $21.45

Danaher Corp. will buy Solon, Ohio, electrical instrument maker for about $340.8 million.

Family Dollar Stores Inc., up 71 cents at $44.05

Shares hit a 52-week high after the discount retailer’s fourth-quarter profit climbed 23 percent.

Sealy Corp., down 32 cents at $2.46

The mattress maker posted a loss in the third quarter as sales fell and the costs of its materials rose.

American Greetings Corp., down $1.91 at $18.76

The greeting card company’s quarterly profit tumbled 63 percent, squeezed by acquisition-related costs, higher expenses and lower revenue.

Live Nation Entertainment Inc., up 11 cents at $9.96

Media mogul Barry Diller will resign as chairman of the music concert company after a boardroom power struggle with director John Malone.

NASDAQ

Green Mountain Coffee Roasters Inc., down $5.95 at $31.06

The coffee copmany said the Securities and Exchange Commission is performing an inquiry into how the company accounts for revenue.

Matrix Service Co., down 38 cents at $8.77

A KeyBanc analyst trimmed earnings estimates for the energy services company because of weaker profit margins.

FalconStor Software Inc., down 91 cents at $3.15

The company’s CEO resigned after he said improper payments were allegedly made in connection with a contract with one customer.

YOUR VIEW POINT
NAME : (REQUIRED)
MAIL : (REQUIRED)
will not be displayed
WEBSITE : (OPTIONAL)
YOUR
COMMENT :