Yahoo, Foot Locker, Zumiez are market movers

AP News
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Posted: May 18, 2012 5:44 PM
Yahoo, Foot Locker, Zumiez are market movers

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

NYSE

Salesforce.com Inc., up $11.78 at $145.58

The maker of web-based business software lost money in the first quarter, but its adjusted profit and revenue beat expectations.

Chesapeake Energy Corp., up 81 cents at $14.36

After weeks of new lows, shares of the natural gas driller rose along with the energy sector, the biggest gainer on the S&P 500.

Foot Locker Inc., up $2.32 at $30.33

The sporting goods retailer said that its first-quarter profit jumped 36 percent, sprinting past what Wall Street expected.

Winnebago Industries Inc., up 15 cents at $8.66

The recreational vehicle maker received and rejected an unsolicited $321.5 million takeover bid, saying the offer lacked details.

Nasdaq

Zumiez Inc., down $2.57 at $32.59

The seller of skate- and surf-inspired clothing and gear posted a second-quarter earnings outlook that fell short of expectations.

Yahoo Inc., up 55 cents at $15.42

Technology news website AllThingsD reported that the Internet company was close to selling part of its stake in the Alibaba Group.

Autodesk Inc., down $4.47 at $30.26

The software company's first-quarter profit rose, but said that second-quarter sales will be lower than Wall Street expects.

First Solar Inc., down $1.26 at $13.66

Shares of the solar module manufacturer fell a day after the U. S. accused China of dumping solar materials into U.S. markets.