Kimberly-Clark, Sohu.com, Polycom are big movers

AP News
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Posted: Apr 25, 2011 5:17 PM
Kimberly-Clark, Sohu.com, Polycom are big movers

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

NYSE

Kimberly-Clark Corp., down $1.81 at $64.24

The maker of Kleenex and Huggies cut its outlook and said it would raise prices to counter climbing raw materials costs.

Travelzoo Inc., up $6.78 at $101

An analyst upgraded the Web travel deal company saying its recently launched local deals site will drive revenue growth.

Johnson Controls Inc., down $1.13 at $39.60

The auto retailer expects third-quarter revenue to drop by $500 million because of the hit to auto production after the earthquake in Japan.

Barrick Gold Corp., down $3.77 at $51.86

The miner agreed to buy Equinox Minerals Ltd. for about $7.7 billion, topping an offer earlier this month from a Chinese company.

International Game Technology, up $1.51 at $17.84

The casino equipment supplier's second-quarter net income grew and the company raised its full-year earnings outlook.

NASDAQ

Polycom Inc., up $6.53 at $58.43

The video conferencing systems maker's quarterly earnings topped Wall Street expectations as revenue grew 25 percent.

Sohu.com Inc., up $8.45 at $104.14

The Chinese website said revenue growth from online brand advertising, search, Internet games and online video lifted its quarterly profit.

Arkansas Best Corp., down $2.02 at $23.34

The trucking company's quarterly loss was deeper than analysts had expected because of harsh winter weather and higher fuel prices.