Dell, Hershey, Kodak are big movers

AP News
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Posted: May 18, 2011 5:02 PM
Dell, Hershey, Kodak are big movers

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

NYSE

Eastman Kodak Co., up 48 cents at $3.60

Investigators at the U.S. International Trade Commission sided with the photography pioneer in its patent-infringement battle with Apple and Research in Motion.

Under Armour Inc., up $3.02 at $4.71

A Citi analyst upgraded the sportswear maker, saying it should see growth from its new line of basketball sneakers and clothing.

Abercrombie & Fitch Co., up $2.52 at $75.69

The teen retailer, which also runs Hollister stores, posted a profit during the first quarter on international sales.

Hershey Co., down $1.60 at $55.48

The chocolate company's chief executive officer is leaving to take the top job at food processor Del Monte Foods.

NASDAQ

Dell Inc., up $5.35 at $16.75

The personal computer maker said its net income for the latest quarter nearly tripled on lower computer component costs.

Staples Inc., down $3.02 at $16.63

The office supply retailer's earnings were lower than what Wall Street expected, and the company cut its full-year outlook.

ViaSat Inc., up $2.50 at $43.58

The wireless communications provider said that its fourth-quarter profit climbed 16 percent on stronger service revenue.

Coldwater Creek Inc., down 58 cents at $2.34

The women's clothing retailer projected that it would post a bigger first-quarter loss than what Wall Street had expected.