UPS, Skechers, are market movers

AP News
Posted: Apr 26, 2012 5:00 PM
UPS, Skechers, are market movers

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


United Parcel Service Inc., down $1.40 at $78.25

The package delivery company said its first-quarter profit rose 6 percent, but the results were below Wall Street's expectations.

Aetna Inc., down $4.05 at $45.31

The health insurer said that its first-quarter profit fell 13 percent, and its adjusted earnings missed Wall Street expectations.

The Dow Chemical Co., down $1.23 at $34.85

The chemical maker said that its first-quarter earnings fell 50 percent due to restructuring costs related to closing some of its plants.

AstraZeneca PLC, down $2.55 at $43.36

The British drug maker announced that its chief executive is retiring as it reported a 44 percent drop in first-quarter net income.

Liz Claiborne Inc., up $1.20 at $13.88

The clothing company said that its first-quarter loss narrowed as sales of its Kate Spade and Lucky Brands goods strengthened.

Skechers USA Inc., up $2.04 at $16.96

The footwear maker reported a loss in its first quarter, but the company's results came in ahead of Wall Street expectations.

Nasdaq Inc., up $1.27 at $25.71

The family history website said Wednesday that it will acquire its rival,, for about $100 million in cash and assumed liabilities.

Equinix Inc., up $19.81 at $169.28

The Redwood City, Calif.-based data center operator on Wednesday reported first-quarter earnings and revenue above Wall Street's expectations.