Yahoo, Williams-Sonoma, Amphenol are big movers

AP News
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Posted: Jan 18, 2012 4:50 PM
Yahoo, Williams-Sonoma, Amphenol are big movers

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

NYSE

Amphenol Corp., up $5.29 at $53.56

The manufacturer of fiber optic cables said that strong orders should boost its earnings next year beyond Wall Street expectations.

Goldman Sachs Group Inc., up $6.63 at $104.31

The investment bank said that its fourth-quarter net income fell 58 percent, but the company's results still beat Wall Street estimates.

Bank of New York Mellon Corp., down 97 cents at $20.30

The bank said that its fourth-quarter net income fell 26 percent due to restructuring costs and a decline in client activity.

Cash America International Inc., down $2.60 at $41.50

The payday lender and pawn-shop operator cut its fiscal 2011 earnings forecast partly because of higher-than-expected costs.

BancorpSouth Inc., down $1.30 at $10.89

The bank said that its fourth-quarter profit fell even as it cut loan losses. It also said it will sell $100 million in stock.

Williams-Sonoma Inc., up $1.67 at $34.86

A Raymond James analyst upgraded the home goods retailer saying that a recent drop in its stock price makes it a good time to buy.

Nasdaq

Yahoo Inc., up 49 cents at $15.92

The internet company said its co-founder Jerry Yang is leaving the struggling company as it tries to revive its revenue growth.

Linear Technology Corp., up $3.45 at $33.32

The Miliptas, Calif.-based circuit maker issued a fiscal third-quarter sales prediction that was better than Wall Street expected.