Buckle, Costco, Bed Bath & Beyond are big movers

AP News
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Posted: Apr 07, 2011 4:54 PM
Buckle, Costco, Bed Bath & Beyond are big movers

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

NYSE

Buckle Inc., up $4.01 at $44.55

The teen retailer said sales at its stores rose in March, beating analysts' expectations that it would report a small decline.

Newmont Mining Corp., up $1.84 at $58.29

The gold producer announced plans to boost its annual production by 35 percent over the next six years.

Movado Group Inc., up $1.85 at $16.81

The watchmaker posted a bigger fourth-quarter loss, but its results still easily topped analyst expectations.

Nasdaq

Costco Wholesale Corp., up $2.83 at $77.82

The wholesale club operator said sales at stores opened at least a year rose 13 percent last month, beating Wall Street estimates.

Bed Bath & Beyond Inc., up $5.16 at $54.55

The home furnishings retailer posted strong fourth-quarter results and issued a bullish full-year forecast.

Inhibitex Inc., down 12 cents at $4.52

The biotechnology company announced a stock offering to raise money for working capital and clinical research.

Dish Network Corp., down 37 cents at $23.95

Shares of the satellite TV company fell on the heels of the its agreement to buy Blockbuster Inc.'s assets out of bankruptcy.

Xenoport Inc., up $3.58 at $9.96

The Food and Drug Administration approved marketing of the biopharmaceutical company's restless leg syndrome drug Horizant.