Chiquita, Macy's, AOL are market movers

AP News
Posted: May 09, 2012 5:16 PM
Chiquita, Macy's, AOL are market movers

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


Chiquita Brands International Inc., down $2.32 at $5.70

The produce company posted a first-quarter loss, hurt by charges and lower banana prices. The results were below analysts' expectations.

Dean Foods Co., up $1.43 at $14.15

The dairy company said its first-quarter profit rose on higher sales and its outlook was above Wall Street expectations.

Macy's Inc., down $1.46 at $38.05

The department store chain's first-quarter profit rose 38 percent, but it left its annual outlook unchanged, spooking investors.

AOL Inc., up 89 cents at $26.47

The internet company said that its first-quarter net income grew sharply, helped by lower operating expenses even as revenue fell.

Callon Petroleum Co., up 62 cents at $5.49

A Baird analyst upgraded the oil and gas company's stock to an "Outperform" rating saying that Tuesday's sell-off was "overdone."


Cost Plus Inc., up $3.94 at $21.93

Retailer Bed Bath & Beyond said it is buying the home goods retailer for about $495 million to offer a bigger variety of products.

SodaStream International Ltd., up $7.71 at $36.90

Growing demand for the company's fizzy drink machines propelled first-quarter profit up 84 percent. The company also lifted its 2012 outlook.

Jazz Pharmaceuticals PLC, down 80 cents at $49.57

The biopharmaceutical company said that its net income grew 27 percent in the first quarter after it merged with Azur Pharma.