Quiksilver, Red Robin, Thor are Friday movers

AP News
Posted: Jun 08, 2012 4:55 PM
Quiksilver, Red Robin, Thor are Friday movers

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


Quiksilver Inc., up 30 cents at $2.74

The surf-inspired clothing and gear company said that it narrowed its second-quarter loss as revenue rose and costs dropped.

Alpha Natural Resources Inc., down 25 cents at $9.32

Citing falling demand for steam coal, the company plans to idle some of its plants and coal mines and reduce production at others.

Ferrellgas Partners LP, up $1.12 at $17.25

The propane distributor said that its fiscal third-quarter net income soared in comparison to the same quarter last year.

Thor Industries Inc., down 73 cents at $29.46

The maker of recreational campers and buses said that its third-quarter profit grew 3 percent, but its results missed expectations.

Navistar International Corp., up $4.25 at $28.36

A regulatory filing indicated that activist investor Carl Icahn boosted his stake in the truck and engine maker to 11.9 percent.


Bring Out Your Dead
Gil Gutknecht

Red Robin Gourmet Burgers Inc., down 43 cents at $30.60

A Jefferies analyst downgraded shares of the restaurant chain to a "Hold" rating from "Buy" but raised its price target $6 to $32.

Monolithic Power Systems Inc., up $1.87 at $20

A Stifel Nicolaus analyst upgraded shares of the semiconductor company to "Buy" citing its revamped operations and new products.

Francesca's Holdings Corp., up $5.26 at $27.57

The women's clothing seller said that its first-quarter net income doubled and it posted a better forecast than was expected.