Pepsi, Abercrombie, Immucor, Crocs among companies making big moves in the stock market

By AP
Thursday, October 7, 2010

Pepsi, Abercrombie, Immucor are big market movers

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

NYSE

PepsiCo Inc., down $2.01 at $66.10

The food company’s quarterly profit rose 12 percent, but it lowered the top end of its outlook because it’s spending more to grow overseas.

Abercrombie & Fitch Co., up $3.44 at $42.03

A key revenue measure climbed 13 percent last month at the teen retailer’s stores, helped by strong international sales.

Marriott International Inc., down $2.19 at $35.67

The hotel chain returned to a profit in the third quarter, but its profit guidance for the year mostly fell below analyst estimates.

American Eagle Outfitters Inc., up $1.22 at $16.23

The teen retailer raised its earnings forecast for the third quarter after a key revenue figure rose 4 percent last month.

Ambac Financial Group Inc., up 1 cent at 79 cents

The troubled bond insurer reached a settlement earlier this week with bankrupt Lehman Brothers on claims the two had filed against each other.

NASDAQ

Immucor Inc., down $3.72 at $16.72

The company, which makes medical equipment used in blood transfusions, cut its profit and revenue forecast for the year.

Bebe Stores Inc., down 55 cents at $6.44

The women’s clothing company said that a key revenue figure fell 11 percent in the three months that ended on Oct. 2.

Crocs Inc., up 84 cents at $14.38

Shares touched a 52-week high after an analyst rated the footwear maker a “Buy,” saying its bigger collection of styles is attractive.

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