Clorox, Energizer, Peet's Coffee are market movers

AP News
Posted: May 02, 2012 6:27 PM
Clorox, Energizer, Peet's Coffee are market movers

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


American Eagle Outfitters Inc., up $3.01 at $20.90

The teen clothing retailer raised its first-quarter profit guidance because of stronger sales and fewer promotions this spring.

Chesapeake Energy Corp., down $2.86 at $16.74

The natural gas company said that it narrowed its first-quarter loss, but its results still missed Wall Street expectations.

The Clorox Co., down $2.22 at $67.80

The maker of Glad trash bags, Clorox bleach and other products said its fiscal third-quarter profit fell 13 percent as costs rose.

Energizer Holdings Inc., up $6.78 at $77.58

The battery maker said that its fiscal second-quarter net income nearly doubled on higher prices in its household products unit.


Standard Microsystems Corp., up $10.19 at $36.43

Chip maker Microchip Technology is purchasing the wireless technology company for about $828.8 million to expand its offerings.

Charming Shoppes Inc., up $1.41 at $7.31

Women's clothing retailer the Ascena Retail Group is buying rival Charming Shoppes, owner of Lane Bryant, for about $890 million.

Peet's Coffee & Tea Inc., down $6.11 at $69.12

The coffee company said its first-quarter profit fell nearly 39 percent, well below analyst expectations, as coffee costs rose.

Papa John's International Inc., up $7.87 at $47.36

The pizza chain reported a rise in its first-quarter profit on higher sales and franchise fees. It also raised its 2012 outlook.