Eli Lilly, Coinstar, Lululemon are market movers
- Associated Press
- January 4, 2013 - 3:53 PM
NEW YORK - Stocks that moved substantially or traded heavily Friday on the New York Stock Exchange and Nasdaq Stock Market:
Eli Lilly and Co., up $1.84 at $51.56
The Indianapolis-based drugmaker said that it expects its 2013 earnings will grow more than Wall Street analysts expect.
Finish Line Inc., down $1.58 at $17.46
The athletic footwear and clothing company reported a loss for its fiscal third quarter and it cut its full-year earnings forecast.
Coinstar Inc., down $1.95 at $50.10
The company, which operates Redbox DVD rental kiosks and coin-counting machines, said that its CEO Paul Davis will retire March 31.
Lululemon Athletica Inc., down $3.14 at $71.95
Citing slowing momentum, a Credit Suisse analyst downgraded the yoga retailer's stock and lowered its price target by $6, to $80.
SolarCity Corp., up $1.38 at $14.40
The San Mateo, Calif.-based solar company said that it expects rooftop solar installations to climb 60 percent in fiscal 2013.
Accuray Inc., down $1.37 at $5.41
The radiation oncology equipment company announced plans to cut 13 percent of its staff and also reported weak sales.
Silicon Image Inc., down 56 cents at $4.60
The maker of parts for high-definition displays for gadgets cut its fourth-quarter revenue forecast below Wall Street expectations.
Progress Software Corp., up $1.13 at $22.02
The maker of software that simplifies management of cloud-based platforms tripled quarterly earnings but forecast flat revenue for its fiscal first quarter.
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