Disney, Zipcar, Groupon are market movers
- Associated Press
- November 9, 2012 - 4:11 PM
NEW YORK - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
J.C. Penney Co. Inc., down $1.05 at $20.64
Due to falling sales, the department store chain reported a bigger-than-expected loss during the complay's third quarter.
Walt Disney Co., down $2.98 at $47.06
The media company said that advertising in the first quarter is down as people tuned into election coverage rather than its channels.
Lions Gate Entertainment Corp., up $2.08 at $16.68
Thanks to home video sales of "The Hunger Games," the film studio posted second-quarter earnings and profits that beat expectations.
Energizer Holdings Inc., up $5.40 at $76.22
The battery and flashlight maker said that it plans to cut roughly 10 percent of its workforce as part of a cost-cutting overhaul.
Zale Corp., up 22 cents at $6.85
A Citi analyst initiated coverage of the jewelry seller's stock with a "Buy" rating, saying that results should continue to improve.
FleetCor Technologies Inc., up $1.74 at $47.88
The provider of fuel card and payment products to businesses reported better-than-expected results and boosted its outlook.
Groupon Inc., down $1.16 at $2.76
The online deals service posted third-quarter results that showed slowing revenue growth and a decline of its core business.
Zipcar Inc., up 96 cents at $7
The car-sharing company posted strong third-quarter results and is still on track to report its first-ever annual profit in 2012.
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