Abercrombie, Medifast, Cisco are market movers
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Topics: From the Wires, News
NEW YORK (AP) — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Abercrombie & Fitch Co., up $10.74 at $41.92
Higher sales helped push the teen retailer’s third-quarter net income up 41 percent. It also raised its full-year earnings guidance.
Medifast Inc., down $1.42 at $28.17
The weight-loss company said that Brendan Connors, its chief financial officer, is resigning immediately to pursue other interests.
LDK Solar Co. Ltd., down 9 cents at 98 cents
The solar company is ending a solar wafer agreement with an unnamed European customer that was scheduled to last for 10 years.
The Mosaic Co., down $1.65 at $49.10
The phosphate and potash seller cut its second-quarter production guidance due to weak international demand for its crop nutrients.
Iamgold Corp., down $2.89 at $11.97
The gold mining company reported results for the third quarter that missed Wall Street analysts’ expectations.
Nasdaq
Cisco Systems Inc., up 81 cents at $17.66
The computer networking gear maker said that its first-quarter earnings rose 18 percent as U.S. companies started spending again.
ZaZa Energy Corp., up 15 cents at $1.96
The exploration company said it will sell its French assets, a day after posting a profit for its third quarter.
Woodward Inc., up $2.46 at $34.53
A KeyBanc analyst kept a “Buy” rating on the energy and aerospace controls maker, a day after it posted strong quarterly results.
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Lisa Montgomery embraces her nephew Thursday after a tornado tore apart her home in Cleburne, Texas. The twister killed six people and destroyed entire swaths of the North Texas town.
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Jack McMahon, the defense attorney for abortion doctor Kermit Gosnell, speaks outside the Criminal Justice Center in Philadelphia Tuesday. His client was convicted of killing three babies in his clinic, and will serve multiple life sentences.
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A photo taken Monday captures Vice President Joe Biden's response to a Milwaukee second-grader's innovative proposal to end America's epidemic of gun violence. This guy!
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Sen. Rand Paul, R-Ky., flanked by a grouper-eyed Michele Bachmann, addresses the IRS' admission that it targeted Tea Party groups in advance of the 2012 election. In an op-ed for CNN Thursday, the Kentucky senator slammed the president for his faux outrage.
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Ousted IRS chief Steven Miller is sworn in on Capitol Hill Friday. Miller testified before the House Ways and Means Committee on the extra scrutiny the agency gave conservative groups applying for tax-exempt status.
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Attorney General Eric Holder pauses as he testifies on Capitol Hill before the House Judiciary Committee Wednesday. Holder is under fire, among other things, for the Justice Department's gathering of phone records at the Associated Press.
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O.J. Simpson sits during an evidentiary hearing at Clark County District Court in Las Vegas, Nev., Thursday. Simpson, who is currently serving a nine-to-33-year sentence in state prison for armed robbery and kidnapping, is using a writ of habeas corpus to seek a new trial.
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Major Tom to ground control: On Sunday astronaut Chris Hadfield recorded the first music video from space, a cover of David Bowie's "Space Oddity."
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When it rains it pours. President Barack Obama speaks during a news conference Thursday with Turkish Prime Minister Recep Tayyip Erdogan, inexplicably inspiring an #umbrellagate Twitter meme.
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A smoke plume rises high above a road block at the intersection of County A and Ross Road east of Solon Springs, Wis., Tuesday. No injuries were reported, but the the wildfire caused evacuations across northwestern Wisconsin.
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