Pep Boys, Monsanto, RIM are market movers

AP News
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Posted: May 30, 2012 5:07 PM
Pep Boys, Monsanto, RIM are market movers

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

NYSE

Booz Allen Hamilton Inc., up $1.98 at $16.86

The management and technology consulting firm said that its fourth-quarter profit more than doubled compared with last year.

Pep Boys - Manny, Moe & Jack, down $2.20 at $8.89

The Philadelphia-based auto parts chain called off its planned $791 million acquisition by investment firm The Gores Group.

Monsanto Co., up $1.66 at $76.41

The agricultural company raised its full-year profit expectations citing stronger sales during the company's third quarter.

Nasdaq

Research In Motion Ltd., down 88 cents at $10.35

The BlackBerry maker warned of a first-quarter loss and said that it will hire bankers to help it decide what to do with the company.

FormFactor Inc., up 37 cents at $6.13

The company raised its second-quarter revenue expectations citing higher demand for memory cards used by computer chip makers.

Jos. A Bank Clothiers Inc., down $3.05 at $44.74

The men's clothing retailer said that its fiscal first-quarter net income dropped 17 percent as sales in established stores fell.

Finish Line Inc., down $1.55 at $21.13

Shares of the athletic shoe and clothing retailer fell, although the company raised its fiscal first-quarter profit expectations.

The Fresh Market Inc., up $7.29 at $56.15

Thanks to stronger sales, the grocer's first-quarter net income climbed 43 percent and it raised its outlook for the full year.