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PVH, Signet Jewelers, Fred's are big movers

  • Associated Press
  • March 28, 2013 - 4:05 PM

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

NYSE

PVH Corp., down $5.98 at $106.81

The clothing company's Warnaco acquisition will need more investments than it anticipated, which will weigh on its earnings this year.

Signet Jewelers Ltd., up $3.73 at $67

The owner of Kay and Jared jewelry stores said its fiscal fourth-quarter net income climbed 10 percent on higher sales.

Commercial Metals Co., down 41 cents at $15.85

The maker of steel and metal products said its second-quarter net income fell 84 percent as its overseas performance weakened.

Synnex Corp., down $3.88 at $37

The high-tech contractor forecast fiscal second-quarter earnings below what Wall Street analysts were expecting.

Nasdaq

Research In Motion Ltd., down 12 cents at $14.45

The smartphone maker surprised Wall Street by returning to profitability and shipping more BlackBerry 10 phones than expected.

Fred's Inc., down 42 cents at $13.68

The discount store operator said its fourth-quarter net income fell 33 percent due to higher costs and cautious consumer spending.

TrovaGene Inc., up 16 cents at $6.26

The maker of molecular disease-detecting tests debuted a new urine-based test for human papilloma virus, a sexually transmitted virus.

Five Below Inc., down $1.27 at $37.89

The retailer, which sells items for below $5, said its fourth-quarter net income rose, but its outlook came in under analysts' expectations.

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