, Starbucks, Expedia are market movers

AP News
Posted: Apr 27, 2012 5:43 PM, Starbucks, Expedia are market movers

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


Procter & Gamble Co., down $2.43 at $64.44

The maker of Bounty paper towels and Gillette razors said its third-quarter net income fell and it cut its guidance for the year.

Goodyear Tire & Rubber Co., down 61 cents at $11.32

The tire maker said it lost $11 million in its first quarter as refinancing charges more than offset the impact of higher revenue.

Nasdaq Inc., up $30.86 at $226.85

Thanks to its best-selling item, the Kindle Fire tablet, the Internet retailer posted first-quarter profits that beat estimates.

Starbucks Corp., down $3.23 at $57.43

The coffee chain posted a full-year earnings guidance that missed expectations. It also said sales slowed in parts of Europe.

Deckers Outdoor Corp., down $17.63 at $51.83

The footwear maker said that warm winter weather hurt demand for its Ugg boots, pushing its first-quarter profit down 59 percent.

Expedia Inc., up $7.68 at $40.31

The online travel company posted a first-quarter loss, but its revenue climbed 12 percent and its results beat expectations.

Jazz Pharmaceuticals PLC, up $6.52 at $51.72

The Dublin-based drugmaker said that it will buy cancer drug maker EUSA Pharma Inc. in a deal worth as much as $700 million.

Ruth's Hospitality Group Inc., down 7 cents at $7.19

The operator of Ruth's Chris Steak House and other restaurants posted a $30.3 million loss as it repurchased preferred shares.